Asia Pragati Strategic Investment Fund — PAG | wisefolio

Asia Pragati Strategic Investment Fund

Asia's leading alternative investment manager.

Managed by PAG

IN/AIF2/18-19/0542Cat II

Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.

Overview

About

Asia Pragati Strategic Investment Fund (SEBI Reg. IN/AIF2/18-19/0542; LEI: 2549001T7AXL7O3YM312) is a Category II AIF managed by PAG Investment Manager Private Limited, the India entity of PAG — one of Asia's largest independent alternative investment managers with $55B+ AUM across private equity, real estate credit, and absolute return strategies. The fund is domiciled at Unit No. 210, 2nd Floor, Worldmark 2, Aerocity, New Delhi 110037. PAG opened its India office in April 2019 under Nikhil Srivastava, who joined as Partner and Co-Head of Private Equity to lead India-focused investments. The fund's mandate is growth and buyout private equity across India, focusing on sectors including consumer, financial services, healthcare, and technology.

Investment Philosophy

PAG's India investment philosophy is anchored in three principles: disciplined capital deployment, active operational value creation, and long-term partnership with management teams. The India team targets control and significant minority investments in market-leading businesses where PAG can bring both capital and the operational and strategic expertise of its pan-Asia network. As part of a $55B+ platform with deep roots across Asia, PAG offers India portfolio companies access to regional distribution, talent, and growth pathways that pure domestic investors cannot provide.

Team— 2

Nikhil Srivastava

Partner & Co-Head of Private Equity, PAG India

Joined PAG in April 2019 to establish PAG's India office. Partner and Co-Head of Private Equity, responsible for India-focused investments. Previously spent almost a decade at KKR, evaluating and investing across India, Singapore, and the United States. Earlier at Goldman Sachs and Inphi Corporation, California. B.E. (Electrical & Electronics), BITS Pilani (University Gold Medalist); M.S. (Electrical Engineering), Stanford University; MBA, Harvard Business School.

Sumit Nadgir

Managing Director, PAG India

Managing Director at PAG India. Previously CEO of HiCare Services Pvt. Ltd. and Managing Director at True North. Career includes leadership roles at India Value Fund Advisors (IVFA), Bain & Company, and Kirloskar Oil Engines Ltd. B.E., College of Engineering Pune (COEP); MBA, IIM Calcutta.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF2/18-19/0542

VintageMay 2018 · 8 yrs old

Valid ToPerpetual

AddressUnit No. 210, 2nd Floor, Worldmark 2, Asset Area No. 8, Hospitality District, Delhi Aerocity, Near Indira Gandhi International Airport, IGI Airport, South West Delhi, New Delhi, New Delhi, National Capital Territory Of Delhi, 110037

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Disclaimer

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