PAI is one of the oldest and largest private equity firms in continental Europe—headquartered in Paris—with established local teams in Germany, Spain, Italy, the UK, Luxembourg, Scandinavia, and the US. PAI is solely owned by its partners and manages dedicated leveraged buyout funds. Their assets under management amount to a value of €17.4 billion. Their track record includes €20+ billion in realized cash proceeds and 88 buyout transactions. PAI is particularly focused on transactions in the range of €500-3,000 million enterprise value.