PAG overview
Stories about PAG

CalSTRS backs emerging data center firm amid $1.2bn allocation spree
The teachers pension’s biggest real estate commitment last year was to a new relationship with hyperscale developer BlackChamber Group.

Private real estate executives are bullish on retail again
The once-overlooked category was back in the spotlight at the PERE Network’s America Forum.

PAG raises its biggest opportunistic fund at $4bn
PAG saw the participation of Asian investors rise substantially with Fund VIII, increasing to 40% from 25% in the prior fund.

Managers are opting to ‘ignore the macro for real estate'
Amid heightened economic and geopolitical uncertainty, firms are instead focusing on a bottoms-up approach in the asset class.

These are sobering times for private real estate
The perennially optimistic industry has come to terms with some difficult truths about investing for the foreseeable future.

NPS’s 2022 real estate portfolio in five charts
The investor added at least 23 new funds in 2022, including GLP Europe Income Partners III and Invesco US Real Estate Fund VI.

PAG closes on $1.8bn for third APAC office fund
Half the fund has been deployed into office investments including Cross Street Exchange in Singapore and 44 Market Street in Sydney.

Property owners take a shine to solar
The industry’s outlook is brightening on photovoltaic installations, thanks in part to additional revenue from carbon-positive properties
PAG contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleExecutive Director, Investor Relations | LocationHong Kong, Hong Kong | Email |
| Key Contact | Job titleManaging Director, Business Development, Investor Relations and Marketing, North America | LocationNew York, United States | Email |
| Key Contact | Job titlePartner & Co-Head of Investor Relations | LocationHong Kong, Hong Kong | Email |
| Key Contact | Job titleManaging Director, Investor Relations | LocationHong Kong, Hong Kong | Email |
PAG funds managed
Funds in market: 2
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size | Open dateJun 2025 | Strategy | |
Fund size | Open dateJul 2024 | Strategy | |
Closed funds: 27
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateFeb 2025 | Strategy | |
Fund size | Close dateAug 2023 | Strategy | |
Fund size | Close dateDec 2022 | Strategy | |
Stories that mention PAG
The line is fading between a pan-Asia and a single-country APAC fund
PGIM’s plans to launch country-specific funds in the region is less of a departure than people may think.
Markets in China show signs of life as commercial REITs emerge
Global fund managers continue to steer clear of new investment in China, focusing instead on finding ways to dispose of existing assets.
APAC Fund Manager Guide 2026
PERE’s annual ranking of private real estate fund managers active throughout the Asia-Pacific region.
Operational value creation takes front seat in Japan
Appetite for Japanese real estate is more robust than ever, but investors are increasingly adapting underwriting in a changing macroeconomic environment.