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Deals Rumor Mill: PAG Asia, Mylan, SpaceX

By Benjamin Horney (April 13, 2018, 5:17 PM EDT) -- Hong Kong-headquartered private equity shop PAG Asia Capital is hoping to raise up to $6 billion for a new Asia-focused fund, according to a Friday report from Reuters. According to the report, PAG has begun gauging investor interest, but the fundraising plans have yet to be formalized. The report said that a spokesperson for PAG said the information is not correct, though there was no further detail disclosed. The firm's previous Asia-focused fund closed in 2016, at $3.6 billion. A publication called AVJC reported earlier on Friday that PAG intends to set a target of $4.5 billion for its next fund....

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