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Laxman Pai, Opalesque Asia: Hong Kong real estate private equity fund management firm Gaw Capital Partners has announced the final close of its seventh Asia Pacific real estate fund, Gateway Real Estate Fund VII, bringing the total equity raised for the fund to $3 billion.
According to a media release from the private equity fund, similar to its predecessors in the same fund series, the vehicle will invest in office, retail, hospitality, industrial, Internet data centers, life science properties, as well as private credit and thematic platforms across the Asia-Pacific region, including Greater China, Japan, South Korea, Southeast Asia, and India.
Christina Gaw, Managing Principal, Global Head of Capital Markets, and Co-chair of Alternative Investments at Gaw Capital Partners, said, "We are delighted to have successfully closed Gateway Real Estate Fund VII, especially considering the challenges brought on by the pandemic and rapid rates rise post-pandemic. This achievement is a testament to Gaw Capital's dedicated team in adapting to changing market conditions and the ongoing support and confidence of our investors. Leveraging our team's expertise and insights, we look forward to creating long-term value for our investors."
Investors in Fund VII include sovereign wealth funds, endowments, pension funds, and other top-tier institutional investors who have invested in the previous APAC Gateway funds, as well as new investors to the fund.
Christina added, "A...................... To view our full article Click here
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