PagsGroup

PagsGroup is a Boston-based single-family office founded in 2013 by Stephen Pagliuca, Bain Capital's co-chairman and senior advisor, along with his wife Judy Pagliuca. It operates as a growth-capital investment vehicle deploying the family's own capital rather than raising external funds. The office allocates across venture capital, private equity, and direct investments, with confirmed focus areas spanning healthcare, life sciences, technology, and sports-related opportunities, primarily across North America. Notable investments include Liquid AI (an MIT AI spinoff), Akouos, Compa, True Footage, Memcyco, and Night Media, sourced largely through Pagliuca's Bain Capital network and sports ownership relationships, including the Boston Celtics and Atalanta BC. PagsGroup's investment approach centers on relationship-driven deal sourcing and direct capital deployment rather than institutional fund structures. Its criteria favor opportunities within Pagliuca's core sectors and network, blending venture-stage bets with growth and direct investments.