AVCJ Awards 2021: Special Achievement: Weijian Shan
Weijian Shan, CEO of PAG, discusses rising valuations, the implications of China’s regulatory crackdown, heightened sensitivity around social responsibility, and escalating fund sizes
Q: How do you get comfortable with the notion that 20x is the new 15x in terms of EBITDA multiples? A: I don’t think we’ve ever invested at 15x, let alone 20x. For very stable, growing, high cash...
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