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PAG Japan

Private equity

Hong Kong · Growth–Late Stage · 13 people tracked

Also known as PAG · PAG Japan Limited

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Investment thesis

PAG is a diversified alternative investment manager focused on the Asia-Pacific region, serving institutional investors across private and public markets, equity and debt, and corporate and asset-based strategies. Its three core businesses are Private Equity (buyouts, structured minority and growth deals with a Greater China focus), Real Assets (opportunistic and core-plus real estate, renewables, and digital infrastructure), and Credit & Markets (private debt, special situations, bank risk sharing, and hedge fund platforms). PAG emphasizes local on-the-ground teams that generate original ideas, underwrite local risk, and source off-market opportunities, supported by firm-wide investment in risk management, compliance, and transparency.

Source: firm website, verified Oct 4, 2026.

Stage
Growth–Late Stage
HQ
Hong Kong, HK
Instruments
Equity · Debt
Founded
2002
Last 12 months
1 investment
AUM
$60B
Tracked investments
2
Acquisitions
1

Team · 13 people

from the firm's website

What they invest in

from 1 of 2 portfolio companies

Consumer ×1Direct to Consumer ×1Healthtech ×1Wellness & Fitness ×1

HQs:United States×1

Investments · 2 tracked

founders shown can be your intro path
Elanelan.com𝕏acquired by Perrigo

Perrigo manufactures and distributes branded and private label self-care products including over 13,000 stock keeping units across multiple categories, serving consumers through retailers, pharmacies, and e-commerce channels in the United States, Europe, and other major markets.

ConsumerDirect to ConsumerHealthtechWellness & FitnessPerrigo, Michigan (implied by company name, though not explicitly stated on this page), US

Luther Perrigo

Co-investorsSignet Healthcare Partners

ROKIT Healthcarerokithealthcare.cominMar 2026

Healthcare company that recently went public.

Co-investorsAF WPartnersAscendo VenturesDAYLI PartnersNH Investment & SecuritiesOasis

Exits · 1

1 acquisitions

Elanacq. by Perrigo

Frequently asked questions

What stage does PAG Japan invest at?
PAG Japan invests at the Growth, Late Stage stages.
What sectors does PAG Japan focus on?
PAG Japan focuses on Cleantech, Energy, FoodTech, PropTech, Sector Agnostic.
Where is PAG Japan located?
PAG Japan is headquartered in Hong Kong, HK.

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