PAG PAG's background is as follows:
PAG's Credit & Markets business grew out of the Pacific Alliance Group, which was co-founded in 2002 by Mr. Gradel, then a multi-strategy hedge fund manager, ****. The real estate business grew out of Secured Capital Japan, which was co-founded in 1997 by Mr. Toppino, a pioneer in property and distressed asset investing.
Mr. Weijian Shan co-founded Pacific Alliance's Private Markets Equity business in 2010.
In 2010, Mr. Gradel, Mr. Shan, and Mr. Toppino brought together their respective business segments under the TAIEX brand to create a diversified, multi-strategy investment firm. Each of the three founders continues to manage their respective strategy segments.
On December 12, 2023, PAG and Dalian Wanda Commercial Management Group*** announced the signing of a new investment agreement. PAG will join with other investors to reinvest in Zhuhai Wanda Commercial Management upon redemption by Dalian Wanda Commercial Management Group at the expiration of its investment redemption period in 2021.
About PAG
PAG is a leading and Asia Pacific-focused private equity investment firm, specializing in credit and markets, private equity and real estate. PAG has a sound infrastructure and operates with strict risk management, corporate governance and a high degree of transparency.
Taiwan Investment Group has extensive regional investment experience. PAG's multi-strategy platform provides investors with access to a wide range of funds and investment products. At the same time, PAG creates financing and operational solutions covering all types of capital structures across Asia based on the needs of investment partners and investment targets.
In 2018, Chris Gradel, Co-Founder, Executive Director and Chief Executive Officer of PAG, was selected as one of Private Debt Investor's "30 Most Important People in Private Credit Debt".
Reference: Baidu Wikipedia-Taiwan Investment Group