China P.E. Firm Raises US$1B For Real-Estate Fund

Oct 31 2013 | 9:32am ET

Hong Kong private-equity firm Gaw Capital Partners has raised its largest-ever fund.

The firm garnered just over US$1 billion in commitments for its Gateway Real Estate Fund IV, which focuses on China and Taiwan, especially what it calls "gateway primary cities" like Beijing, Guangzhou, Hong Kong, Macau, Shanghai and Taipei.

"The success of our fundraising efforts is a vote of great confidence in our successful track record of returns for our investors and in our unique investment strategy," Chairman Goodwin Gaw said.

The fund's investors are relatively evenly divided between Asia, North America and Europe, with a slight bias towards the former.

At least 80% of the new fund will be invested in Greater China, while the balance will be invested elsewhere in Asia. The fund plans to hold its investments for between four and seven years.

Gaw manages at total of US$7.1 billion. Its first fund, raised in 2005, returned more than 27% to investors.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note