Gaw Capital Partners completes fundraising for IDC Platform close to $1.3b

Gaw Capital Partners has closed its internet data center (IDC) platform, which targets investment in a portfolio of projects in partnership with IDC developers and operators in China, bringing the total equity raised approximately $1.3 billion.

Humbert Pang, managing principal and head of China at Gaw Capital Partners, said, “Gaw Capital Partners is extremely pleased to be teaming up with industry leaders and outstanding operating teams to invest in IDC projects. We have seen good results thanks to our operating partners’ strong execution capabilities. Amid the backdrop of pandemic and the rapid adoption of 5G in China, there is a strong demand for data processing services due to the increasing use of data because of the social distancing measures. With most social and economic activities migrating online, data centers in promising locations along the densely populated region of China are emerging as valuable assets that produce stable rental income.”

Christina G