PAG Appoints Srivastava as Co-Head of Asia PE to Succeed Pan

PAG, an Asia-focused alternative investment firm, elevated Nikhil Srivastava, as co-head of private equity, succeeding Lincoln Pan, who has been named chief executive officer of Jardine Matheson Holdings Ltd.

Srivastava, a PAG partner and its head of India private equity, will work alongside David Wong, the other co-head for the business and the appointment is effective immediately, according to a statement on Thursday.

Pan will take up his new role on Dec. 1, Jardine Matheson said in a separate statement.

Srivastava has played a key role in building and scaling PAG’s India private equity platform and has led ...