HONG KONG -- Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year.
Alternative investment company seeks market cap of at least $10bn
Goldman Sachs and Morgan Stanley are sponsors of PAG's planned IPO, according to a prospectus filed with the Hong Kong Stock Exchange. © Reuters
HONG KONG -- Asia-focused alternative investment company PAG has filed for an initial public offering in Hong Kong that could raise $2 billion in one of the largest listings in the city this year.