Gaw Capital launches new Asia Pacific real estate fund

Gaw Capital Partners (GCP), an Asia Pacific private equity fund management company, is raising capital for its newest real estate investment vehicle, Gateway Real Estate Fund VI, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

Gateway Real Estate Fund VI is an opportunistic real estate fund that will invest in properties throughout Greater China with a focus in Japan, South Korea, Australia and Southeast Asia. The fund is seeking to raise $2 billion in total equity commitments, according to the filing.

Fund VI follows its predecessor, Gateway Real Estate Fund V, which held a $1.3 billion final close in 2017.

Since its inception in 2005, GCP has raised five commingled funds targeting the Greater China and APAC regions. The firm also manages value-add/opportunistic funds in Vietnam and the United States, a Pan-Asia hospitality fund, a U.K. creative office vehicle and also provides services for separate account direct investments globally. Gaw Capital has raised equity of $ 9.6 billion since 2005 and has $17 billion of assets under management as of first quarter 2018.