Private equity firm PAG eyes cloud assets after $2bn bet

Private equity firm PAG eyes cloud assets after $2bn bet

PAG will create a new digital infrastructure company after the Asia-focused private equity firm invested in $2bn of assets in the space, betting on the rising demand for data storage from the region’s fast-growing technology industry. The business will focus on the...
$1.9bn raised for Bain Capital’s life sciences fund

$1.9bn raised for Bain Capital’s life sciences fund

Bain Capital’s life sciences arm has just finished raising $1.9bn for its third investment fund. The fund also includes $300m from current and former partners of the Boston-based private equity firm, and it has begun searching for drug, biotech, and medical device...