PAG

PAG, established in 2002, is a Hong Kong-based alternative investment management firm with a global presence. It specializes in growth capital, private equity, real estate, and absolute return strategies, primarily focused on the Asia-Pacific region. PAG's private equity arm, PAG Asia Capital, engages in large-scale buyouts and structured minority investments. Its real estate strategy invests in opportunity and core plus funds across Japan, China, and the broader Asia-Pacific. PAG's absolute return business provides flexible financing solutions to meet short and long-term funding needs. The firm prefers minority stakes in companies across sectors such as financials, healthcare, information technology, and education services, with a particular focus on China. PAG manages funds across these strategies, making it one of the largest Asia-focused investment managers in the region.

Derek Crane

Partner, COO and Board Member

Jun Daikuhara

Chairman, PAG Japan

Vladimir Grlica

Managing Director

Christopher Hawkins

Managing Director

Eddie Hui

Partner and Co-Head of Private Debt

Koichi Ito

Co-Head of Japan Private Equity

Theresa Jones

Managing Director

Kanak Kapur

Partner

Sid Khotkar

Managing Director

David J. Kim

Partner and COO

Phi Le

Partner and Co-Head of Real Assets

Allan Liu

Co-Founder and Managing Partner

Anthony Miller

Partner, Member of Board of Directors and Executive Committee and CEO of PAG Japan

Lincoln Pan

Partner and Co-Head of Private Equity

Nadia Patel

Executive Director

Broderick Storie

Partner

Sujey Subramanian

Managing Director, Deputy Chief Investment Officer and Head of Southeast Asia at PAG Asia Capita

Sara Verdi

Managing Director

Angus Wai

Partner

Anshumann Woodhull

Partner and Co-Head of Private Debt

Kevin Xu

Managing Director

Past deals in Packaging Services

Pravesha Industries

Acquisition in 2025
Pravesha Industries is a packaging and container manufacturing company that manufactures and supplies a range of HDPE bottles, PP closures, cartons, labels, leaflets, and aluminum foil printing.

Manjushree Technopack

Acquisition in 2024
Manjushree Technopack Limited is a prominent manufacturer of rigid plastic packaging solutions based in Bengaluru, India, with operations extending internationally. Established in 1983, the company specializes in producing a variety of packaging products, including bottles, containers, and PET preforms, catering to diverse sectors such as dairy, food, pharmaceuticals, and personal care. Manjushree Technopack is recognized for its significant production capacity in blow molding containers and PET preforms, serving the fast-moving consumer goods industry. The company focuses on delivering comprehensive packaging solutions, from product design to mass manufacturing, thereby enhancing consumer engagement for its clients. With a commitment to innovation and quality, Manjushree Technopack has built strong partnerships with leading global brands and has achieved a notable turnover, reinforcing its position as a key player in the packaging industry.

Vesco Foods

Acquisition in 2022
Vesco Foods is a national food manufacturer that specializes in producing and supplying ready-made meals for various markets, including retail supermarkets, food service providers, petrol stations, and convenience stores. The company offers a diverse range of frozen products designed for all meal occasions, including pasta dishes, pizzas, roasts, desserts, curries, plated meals, bakes, snacks, and sauces. Through its multiple brands, Vesco Foods aims to provide clients with access to affordable, instant, and convenient food options.
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