(Bloomberg) -- Asia-focused investment firm PAG is considering an initial public offering in Hong Kong, according to people with knowledge of the matter, in what would be one of the biggest listings by a buyout firm in the region. PAG has been speaking with advisers about a potential listing, the people said, asking not to be identified as the information isn’t public. It could aim to raise around $2 billion if it decides to go ahead, the people said. The private equity firm could list as soon as this year depending on market conditions, the people said. No final decisions...