Gaw Capital Partners holds $412m final close

Gaw Capital Partners has held a final close for its third U.S. value-added real estate fund, Gaw Capital U.S. Fund III, bringing total commitments raised for this fund to its hard cap size of $412 million.

U.S. Fund III will primarily target U.S. West Coast real estate opportunities, with an emphasis on creative office and hospitality assets as well as platform investments with attractive risk-adjusted returns. The key geographical regions will include the San Francisco Bay Area, Southern California and the Pacific Northwest. Gaw Capital has approximately 30 professionals based in the United States with the majority based in Los Angeles, which is the firm’s U.S. headquarters.

“The U.S. West Coast continues to be a hive of youthful entrepreneurial spirit and innovation, creating an abundance of long-term redevelopment and repositioning opportunities in the local real estate market,” said Goodwin Gaw, chairman and managing principal of Gaw Capital Partners.