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Asia's Leading Alternative Investment Manager
Managed by PAG
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
PAG India Credit Opportunities Fund is a SEBI-registered Category II Alternative Investment Fund registered on 4 December 2025, managed by PAG Investment Manager Private Limited (CIN: U66190DL2023PTC421723), the Indian investment management entity of PAG, one of Asia's largest alternative investment firms. PAG was founded in 2002 as Pacific Alliance Group and is headquartered in Hong Kong. The firm manages multiple asset classes including private equity, private debt, real estate, and hedge funds across Asia-Pacific, London, and New York. In 2023, Private Equity International ranked PAG as the seventh largest private equity firm in Asia by total fundraising over five years. PAG's three main strategies are Private Equity, Real Assets, and Credit & Markets; the India Credit Opportunities Fund falls under the Credit & Markets strategy. PAG Investment Manager Private Limited was incorporated in New Delhi on 20 October 2023 and is based at 210, 2nd Floor, Worldmark 2, Aerocity, NH 8, IGI Airport, New Delhi 110037. In 2019, Brookfield Asset Management acquired a significant stake in PAG, but PAG continues to operate as an independent investment manager. PAG has offices in India including an Aerocity Delhi presence and a Hyderabad office.
Mayur Shah
SEBI Contact Person, PAG India Credit Opportunities Fund
Mayur Shah is the SEBI-registered contact person for the PAG India Credit Opportunities Fund (IN/AIF2/25-26/1970), registered in December 2025. He is reachable at mshah@pag.com.
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