PAG elevates Nikhil Srivastava to co-head of private equity

Alternative investment firm PAG has appointed Nikhil Srivastava as Co-Head of its Private Equity business - a move that elevates the current India head to a broader regional leadership role as the firm undergoes a leadership transition.Srivastava, who joined the Hong Kong-based firm in 2019 and currently leads the India private equity franchise, will work alongside David Wong in overseeing PAG’s private equity operations. He also joins the firm’s Management Committee with immediate effect.The leadership reshuffle comes as long-time partner and Co-Head of Private Equity, Lincoln Pan, prepares to exit the firm to become Chief Executive Officer of Jardine Matheson Holdings.