With a history spanning over two decades, PAG is a diversified alternative investment firm with a focus on China and a pan-Asia mandate. It was founded by JP Toppino, Chris Gradel, and Weijian Shan, who continue to manage their respective businesses within PAG. The firm has received commitments from various investors, including sovereign wealth funds and pension systems. PAG is now one of the largest Asia-focused investment managers, offering funds across Private Equity, Real Estate, and Absolute Return strategies.