Gaw Capital () is a real estate private equity fund management firm headquartered in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

. In 2022, the firm was ranked by PERE (under

Private Equity International ''Private Equity International'' (PEI) is a global insight, analysis and data provider for the private equity industry, with a core focus on the relationship between investors and fund managers: the LP- GP nexus. Launched in December 2001, the t ...

) as the 11th largest Private Equity Real Estate firm based on total fundraising over the most recent five-year period.

Background

Gaw Capital was founded in 2005 by Goodwin Gaw and his brother Kenneth Gaw. Their father was Anthony Gaw, the founder of Pioneer Global Group, a listed Hong Kong real estate development company. The firm's investments span the entire spectrum of real estate sectors, including residential development, offices, retail malls, serviced apartments, hotels, logistics warehouses and IDC projects. In recent years the firm has also invested in

Property technology Property technology (also known as by the portmanteaus proptech, PropTech, prop-tech and also known as real estate technology) is used to refer to the application of information technology and platform economics to the real estate industry. Prope ...

companies such as Beike, SensorFlow and Ziroom. Gaw Capital is headquartered in Hong Kong with offices in

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

Shanghai Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the ...

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

Seoul Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities b ...

Tokyo Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

and

Seattle Seattle ( ) is the most populous city in the U.S. state of Washington and in the Pacific Northwest region of North America. With a population of 780,995 in 2024, it is the 18th-most populous city in the United States. The city is the cou ...

. Previous investments have included

Ambassador East The Ambassador Gold Coast, known for many decades as the Ambassador East, is a historic hotel in Chicago, established in 1926. In their heyday, both the hotel and its iconic restaurant, The Pump Room, were frequented by celebrities. It formerly ...

Cityplaza Cityplaza ( zh, 太古城中心, j=taai3 gu2 sing4 zung1 sam1) located in Taikoo Shing, Quarry Bay, Eastern District, Hong Kong, Eastern District. One of the largest shopping mall on Hong Kong Island directly accessible from Tai Koo MTR S ...

Columbia Center The Columbia Center or Columbia Tower, formerly named the Bank of America Tower and Columbia Seafirst Center, is a skyscraper in downtown Seattle, Washington (state), Washington, United States. The 76-story structure is the tallest building in ...

InterContinental Hong Kong Regent Hong Kong is a five-star hotel located at 18 Salisbury Road, Kowloon, Hong Kong. The hotel is positioned directly on the waterfront, has 497 rooms and is considered a flagship property of Regent Hotels & Resorts and a landmark property ...

Lloyd's building The Lloyd's building (sometimes known as the Inside-Out Building) is the home of the insurance institution Lloyd's of London. It is located on the former site of East India House in Lime Street, London, Lime Street, in London's main financial d ...

Novotel Nathan Road Kowloon Hong Kong Novotel Hong Kong Nathan Road Kowloon () is a 4-star hotel in Kowloon, Hong Kong. Formerly known as the Majestic Hotel, the hotel reopened in April 2008, following a HK$188 million (approx US$24 million) refurbishment programme, upgraded to 4-st ...

Paddington Waterside Paddington Waterside is a developed area around Paddington Station in London. The Paddington Special Policy Area covers a region almost the size of Soho, creating about of space between 1998 and 2018. Coordinated by the Paddington Waterside P ...

Ovation Hollywood Ovation Hollywood (formerly Hollywood & Highland) is a shopping center and entertainment complex at the intersection of Hollywood Boulevard and Highland Avenue in the Hollywood neighborhood of Los Angeles, California, United States. The shopp ...

, People's Place and The Standard High Line hotel.

Funds

Controversies

Email fraud

In December 2017, Gaw Capital transferred HK$39 million ($5 million) from a client's bank account to the bank account of a fraudster. The fraudster posed as a client and sent instructions to the firm for the withdrawal of funds. The firm discovered what had happened after the actual client contacted it. A spokesperson for Gaw Capital stated the bank account in question was frozen and most of the funds transferred were retrieved.

Lawsuit over The Standard High Line hotel

In November 2017, Gaw Capital acquired The Standard High Line hotel in New York for $323 million. In November 2021,

Wells Fargo Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide. It is a systemically important fi ...

and

Apollo Global Management Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capita ...

sued Gaw Capital in attempt to foreclose the hotel after the firm failed to make payments on a $170 million loan since May 2020. Gaw Capital stated that the fault lied with Apollo Global Management who refused to accept the firm's settlement offer and put financial greed above all the other parties.

References

External links

* https://www.gawcapital.com/ (Company Website) {{DEFAULTSORT:Gaw Capital 2005 establishments in Hong Kong Companies of Hong Kong Financial services companies established in 2005 Investment companies of Hong Kong Private equity firms of Asia-Pacific