April 12, 2017, Hong Kong<\/b> – Real estate private equity firm Gaw Capital Partners announced the final close of its fifth Greater China \/ Asia Pacific real estate fund, Gateway Real Estate Fund V, bringing total equity raised for the fund to its hard cap size of US$ 1.3 billion – Gaw Capital Partners’ largest fund to date. In addition to the US$ 1.3 billion raised, the firm secured a sidecar co-investment commitment of up to US$ 500 million.<\/p>\n
Following a similar opportunistic investment strategy as its predecessor\u00a0Gateway funds, Fund V will target real estate assets with favorable risk-return\u00a0profiles mainly in Greater China and with selected exposure in Japan, South\u00a0Korea, Southeast Asia and Australia. In addition to the primary gateway cities\u00a0of Beijing, Shanghai, Guangzhou, Hong Kong, Macau and Taipei, the fund will\u00a0also look at secondary cities in China which, demonstrate strong economic\u00a0fundamentals and long-term real estate demand, such as cities in Jiangsu\u00a0province.<\/p>\n
Christina Gaw, Managing Principal and Head of Capital Markets, commented, \u201cI am delighted to announce the closing of our biggest fund to date in the successful flagship Gateway China Funds\u00a0 series, which aims to build a\u00a0diversified portfolio of assets in Asia Pacific. The current fundraise is\u00a0testimony to our solid track record of delivering satisfying returns to our\u00a0investors, our expertise in opportunistic real estate investment in this region\u00a0and our strong team of in-house asset management capabilities.\u201d<\/p>\n
Investors in Fund V include sovereign wealth funds, endowments, pension\u00a0funds and other top-tier institutional investors who have invested in the\u00a0previous Gateway China Funds, as well as new investors to the fund. Out of the\u00a0global institutional investors for Fund V, 46% come from Asia, 34% from North\u00a0America and 20% from Europe.<\/p>\n
Kenneth Gaw, Managing Principal and President of Gaw Capital Partners,\u00a0said, \u201cFund V will capitalize on the high entry barrier and restrained\u00a0liquidity in its target markets in Asia Pacific. We believe opportunities exist\u00a0in the region to acquire large and partially or fully completed investment\u00a0grade assets from over-leveraged investors at\u00a0attractive valuations. And we are confident that our in-house operating\u00a0platforms offer a significant competitive advantage over local market\u00a0participants.\u201d<\/p>\n
The specific strategy for each target market will be developed based on\u00a0local economic, demographic and market conditions. In order to have the\u00a0flexibility to adapt its strategy to changing trends in a given target market,\u00a0Gateway Fund V is not limited to a particular real estate asset class in any\u00a0market where it is permitted to invest.<\/p>\n
Gateway Real Estate Fund V has made several investments to date out of the\u00a0commitments from its previous closings, ranging from logistics platforms in Sydney\u00a0and Melbourne; an office property to be converted into student accommodation in\u00a0Perth; a luxury residential building in Singapore; an office building in\u00a0Yokohama; a residential project in Seoul; and a network of co-working spaces\u00a0targeting Shanghai, Beijing, Hong Kong and other key cities in Asia.<\/p>\n
In addition to Gaw Capital Partners\u2019 five funds in the Gateway Fund series\u00a0targeting Asia Pacific, Gaw Capital Partners also manages opportunistic funds\u00a0in Vietnam and the US along with a\u00a0 hospitality fund targeting the Pan Asia\u00a0region. Additionally, Gaw Capital also provides services for separate account\u00a0direct investments in the global markets.<\/p>\n
Since 2005, Gaw Capital Partners has raised equity of USD$ 7.5 billion and\u00a0currently has USD$ 12 billion of assets under management.<\/p>\n","protected":false},"excerpt":{"rendered":"
April 12, 2017, Hong Kong – Real estate private equity firm Gaw Capital Partners announced the final close of its fifth Greater China \/ Asia Pacific real estate fund, Gateway Real Estate Fund V, bringing total equity raised for the fund to its hard cap size of US$ 1.3 billion – Gaw Capital Partners’ largest […]<\/p>\n","protected":false},"author":1,"featured_media":5198,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[849],"tags":[],"class_list":["post-6985","news","type-news","status-publish","format-standard","has-post-thumbnail","hentry","category-pressrelease-tc"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/news\/6985"}],"collection":[{"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/comments?post=6985"}],"version-history":[{"count":3,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/news\/6985\/revisions"}],"predecessor-version":[{"id":18134,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/news\/6985\/revisions\/18134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/media\/5198"}],"wp:attachment":[{"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/media?parent=6985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/categories?post=6985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gaw.rd2.in\/tc\/wp-json\/wp\/v2\/tags?post=6985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}