PAG joins $500m investment in Hong Kong’s Kingston Financial
PAG Asia Capital's absolute returns business has joined a consortium that plans to invest HK$3.87 billion ($500 million) in Hong Kong-based investment firm Kingston Financial.
The consortium also includes hedge fund Quantum Enhance Fund, Dalian Wanda Group, and Chow Tai Fook Nominee, which is controlled by Hong Kong billionaire Cheng Yu Tung. Kingston, which provides a wide...
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