PAG overview
PAG related stories
Brookfield’s lofty growth ambitions will be tested in Asia-Pacific
The mega manager aims to reach $120bn in real estate AUM in the region over the next five years. Achieving that target is another matter.
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.
PAG contact information
Offices
33/F, Three Pacific Place, 1 Queen's Road East, Hong Kong, , Hong KongContacts
| Name | Job title | Location | |
|---|---|---|---|
 Mr. Andrew Nicholson | Job titleManaging Director, Asset Management, Asia | LocationSingapore, Singapore | Email  ----------- |
| Mr. Angus Wai | Job titlePartner | LocationHong Kong, Hong Kong | Email ----- |
| Mr. Broderick Storie | Job titlePartner and Co-Head of Real Assets | LocationHong Kong, Hong Kong | Email -------- |
| Mr. Chris Gradel | Job titleChief Executive Officer and Co-Founder | 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 dateMay 2024 | Strategy --------- |
| --------- | Fund size ------ | Close dateAug 2023 | Strategy ---------- |