|By PR Newswire||
|March 3, 2014 10:55 PM EST||
SHANGHAI, March 4, 2014 /PRNewswire/ -- Hong Kong-based real estate private equity firm Gaw Capital Partners has been named Asia Firm of the Year 2013 by Private Equity Real Estate (PERE). PERE also named Gaw Capital Partners' Managing Principal and Founder, Goodwin Gaw, Asia Industry Figure of the Year 2013.
Goodwin Gaw, Managing Principal and Founder of Gaw Capital Partners, welcomed these two awards, "I'm deeply honored and thankful for these two awards from PERE; these two awards represent the recognition from both PERE and from our industry peers. We received these awards not only for our investments in China, but also because of our increasingly active investments in Europe and U.S. on behalf of our many top-tier Asian investors. I believe our success is also a testament to China's growing importance on the world stage. These awards reflect our unwavering commitment to delivering strong returns for our investors," Gaw said. "We look forward to a prosperous 'Year of the Horse' and to many 'successes' to celebrate along with our valued investors," he said.
Gaw Capital Partners has raised equity in excess of US$3.6 billion since 2005 and currently commands assets of US$ 7.5 billion under management encompassing residential developments, retail centers, hotels and commercial properties.
According to PERE, "To say 2013 was a busy 12 months for private real estate firms in Asia would be a gross understatement, which makes Gaw Capital Partners' victory in this year's awards all the more impressive." "The firm seems to have made the sky its limit in 2013," said PERE. "As Asian investors began their assault on overseas property investing, the firm became a trailblazer in advising and closing real estate deals on their behalf," the publication wrote. About Goodwin Gaw, PERE said, "Considering how busy he has been keeping himself, Goodwin Gaw likely needs no introduction in Asia's real estate markets. With more than 15 years of experience in the region, Gaw has made himself the face of one of Asia's most successful private equity real estate firms, Gaw Capital Partners."
Three distinct themes represent 2013 for Gaw Capital Partners:
- Fund Raising Success
- Significant Transaction Volume
- Becoming the Gateway for Cross-Border Investment
Fund Raising Success
Gaw Capital Partners currently manages four real estate funds targeting the Greater China and Asia Pacific region. Fund IV which was closed in 3rd quarter of 2013 reached its hard cap of USD 1 billion at a relatively difficult year for fund raising. Almost half of the equity commitments were from investors from previous Gaw Capital funds - which demonstrates the confidence and trust Gaw Capital has earned through its track record and commitment to investors. The USD 1.025 billion Fund IV is the largest greater China-focused real estate fund. Gaw Capital Partners has raised more than USD2.67 billion since 2005 for its four greater China-focused funds, making it the one of the largest independent international real estate private equity fund managers in the greater China market.
Significant Transaction Volume
Gaw Capital Partners had an extremely productive year by achieving a transaction volume (including selling and new acquisitions) of USD 3.21 billion, combining all three of its services:
- China Gateway Funds
- U.S. Fund
- Separate Account
Notable transactions in 2013 include:
- Lloyd's building in London
- Paddington Waterside House (HQ of Marks and Spencer) in London
- 333 Market Street (Wells Fargo's headquarters) in San Francisco
- Cupertino Gateway (Apple campus) in Cupertino
- 218 18 Street and 285 Madison Avenue in New York
- Cross Tower in Shanghai
- Metropolitan Plaza in Guangzhou
Becoming the Gateway for Cross-Border Investment
In addition to Gateway Funds bringing capital from the west to east, Gaw Capital Partners, in 2011, started to bring capital from the east to west - and made giant strides in 2013. In addition to Korean institutional investors, Gaw Capital Partners also entered the China institutional investor market by serving Ping An and started the first international acquisition of Chinese insurance institutes. Gaw Capital Partners closed four separate account direct investments in the US and UK in 2013 - and eight transactions since 2010 for Asian institutional investors. In order to provide better service within the context of a stronger structure, Gaw Capital Partners USA was funded and Tim Walsh was invited to lead the existing team. Walsh joined Gaw Capital US from the New Jersey Division of Investment where he served as Chief Investment Officer and director of New Jersey's USD$ 74 billion pension fund.
About Gaw Capital Partners
Gaw Capital Partners is a uniquely positioned private equity fund management company that focuses in real estate markets in greater China and other high barrier-to-entry markets globally.
Specializing in adding strategic value to under-utilized real estate through redesign and repositioning, the firm's investments span the entire spectrum of real estate sectors, including residential development, commercial offices, retail malls, serviced apartments, and hotels. Gaw Capital Partners runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality and development.
Gaw Capital Partners currently manages four real estate funds targeting the Greater China and Asia Pacific region, while Gaw Capital US provides services for separate account direct investment and private equity real estate fund management in the US and UK markets. Gaw Capital Partners has raised equity in excess of US$3.6 billion since 2005 and currently commands assets of US$ 7.5 billion under management encompassing residential developments, retails centers, hotels and commercial properties.
For Media Inquiries:
Adam J. Steinberg
Gaw Capital Partners
I recently attended and was a speaker at the 4th International Internet of @ThingsExpo at the Santa Clara Convention Center. I also had the opportunity to attend this event last year and I wrote a blog from that show talking about how the “Enterprise Impact of IoT” was a key theme of last year’s show. I was curious to see if the same theme would still resonate 365 days later and what, if any, changes I would see in the content presented.
Nov. 26, 2015 10:00 PM EST Reads: 386
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user e...
Nov. 26, 2015 09:30 PM EST Reads: 389
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 26, 2015 07:00 PM EST Reads: 330
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical...
Nov. 26, 2015 04:00 PM EST Reads: 380
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 26, 2015 03:30 PM EST Reads: 443
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Nov. 26, 2015 03:30 PM EST Reads: 524
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Nov. 26, 2015 03:15 PM EST Reads: 520
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Nov. 26, 2015 02:15 PM EST Reads: 498
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving t...
Nov. 26, 2015 01:00 PM EST Reads: 392
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Nov. 26, 2015 01:00 PM EST Reads: 290
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 26, 2015 12:00 PM EST Reads: 151
As organizations shift towards IT-as-a-service models, the need for managing & protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection & E-Discovery of your data - whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise.
Nov. 26, 2015 11:30 AM EST Reads: 121
In recent years, at least 40% of companies using cloud applications have experienced data loss. One of the best prevention against cloud data loss is backing up your cloud data. In his General Session at 17th Cloud Expo, Sam McIntyre, Partner Enablement Specialist at eFolder, presented how organizations can use eFolder Cloudfinder to automate backups of cloud application data. He also demonstrated how easy it is to search and restore cloud application data using Cloudfinder.
Nov. 26, 2015 11:00 AM EST Reads: 125
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 26, 2015 11:00 AM EST Reads: 445
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
Nov. 26, 2015 10:00 AM EST Reads: 288