Gaw Capital Partners has completed the final close of its first commingled growth equity fund, Gaw Growth Equity Fund I, with $332 million in equity commitments.
This brings the total equity raised for the fund, plus co-investments, to more than $430 million.
Gaw Growth Equity Fund I invests in high-growth and highly scalable proptech and real estate–related operating companies with a Pan-Asia geographical focus.
Gaw Growth Equity Fund I was backed by sovereign wealth funds, endowments and other top-tier institutional investors who have invested in the prior flagship Gateway Funds, as well as new investors in the vehicle.
“It is a great time to start a proptech fund as real estate owners globally are starting to become more engaged in the technological adoption during the pandemic,” said Humbert Pang, managing principal and co-chair of alternative investments at Gaw Capital Partners.
