PAG Asia Capital’s Third Asia Buyout Fund $6 Billion Fundraising

Kirkland & Ellis represented PAG Asia Capital in the raising of its third flagship private equity buyout fund with a focus on investment across major markets in Asia.

PAG Asia Capital is the private equity arm of PAG, one of Asia’s largest independent alternative investment fund managers. The fund closed at its hard cap of US$6 billion, with commitments from leading institutional investors from the Americas, Europe and Asia.

The Kirkland team was led by investment funds partners Carol Liu (Picture) and Justin Dolling and included investment funds partners Jennifer Feng, Josh Westerholm and Michael Chu, regulatory partner Sarah Thompson, tax partner Marguerite Lombardo, and employee benefits partner Elizabeth Dyer.

Involved fees earner: Michael Chu – Kirkland & Ellis; Justin Dolling – Kirkland & Ellis; Elizabeth Dyer – Kirkland & Ellis; Jennifer Feng – Kirkland & Ellis; Carol Liu – Kirkland & Ellis; Marguerite Lombardo – Kirkland & Ellis; Sarah Thompson – Kirkland & Ellis; Josh Westerholm – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: PAG Asia Capital;