Gaw Capital Partners completes final close for Gateway Real Estate Fund VI

Gaw Capital Partners has completed a final close of its Gateway Real Estate Fund VI, focusing on greater China and Asia Pacific, in what was its largest capital raise to date.

The fund reached its hard cap size of $2.2 billion and also secured a sidecar co-investment commitment of up to $800 million. The investor base consisted of sovereign wealth funds, endowments, pension funds and other top-tier institutional investors who have invested in the previous Gateway China Funds, as well as new investors. Among these, 46 percent of the institutional investors came from Europe, 37 percent from Asia, and 17 percent from North America.

The Gateway Real Estate Fund VI will follow a similar opportunistic investment strategy as its predecessors in the fund series, targeting real estate assets with favorable risk-return profiles mainly in greater China, with selected exposure in Japan, Vietnam, South Korea, Singapore, Southeast Asia and Australia, according to Gaw Capital.