Hong Kong, 26 July 2024 – Real estate private equity firm Gaw Capital Partners announced today that the firm, through a fund under its management or separate account investments, has established a strategic partnership with Ray White Capital (“R.W. Capital”), a leading alternative investment firm based in Australia, to invest in and manage private credit opportunities across Australia and New Zealand. This collaboration marks a significant milestone for both firms as they join hands to capitalize on the region’s growing and attractive private credit market.

With this partnership, Gaw Capital Partners will leverage its extensive expertise and global network to pursue lucrative private credit opportunities in the Australian and New Zealand markets. R. W. Capital, known for its deep local market knowledge and track record of delivering strong returns to investors, will be responsible for originating and managing investments for the partnership, as well as providing tactical guidance.

The partnership has already invested A$188 million in senior secured credit deals, with a healthy pipeline of upcoming investments.

Christina Gaw, Managing Principal, Global Head of Capital Markets and Co-chair of Alternative Investments at Gaw Capital Partners, said, “We are excited to partner with R.W. Capital to expand our presence and investment capabilities in Australia and New Zealand. This strategic alliance allows us to combine our complementary strengths and unlock the untapped potential of private credit opportunities in these vibrant markets. As we embark on this partnership, we look forward to further exploring more exciting opportunities and delivering risk-adjusted returns for our investors.”

Dan White, Founder of R.W. Capital and Managing Director of the Ray White Group, said, “The strategic alliance with Gaw Capital Partners is an excellent growth opportunity that demonstrates our ability to attract institutional capital for a sector we have over 20 years of experience in. The partnership with Gaw further strengthens our ability to close on attractive deals in a quick timeframe and provide comprehensive solutions for borrowers and investors.”

Matthew Budden, Head of International Markets at R.W. Capital, said “The alliance will allow us to play off each other’s strengths and work with Gaw Capital Partners to grow our presence in the Australian private credit landscape”.

The alliance further represents Gaw Capital Partners’ ongoing commitment to expanding its alternative investment strategies and global footprint. With a strong focus on identifying emerging trends and opportunities, the firm continues to enhance its ability to generate sustainable returns for its investors.

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About Gaw Capital Partners

Gaw Capital Partners is a uniquely positioned private equity fund management company focusing on real estate markets in Asia Pacific and other high barrier-to-entry markets globally.

Specializing in adding strategic value to under-utilized real estate through redesign and repositioning, Gaw Capital runs an integrated business model with its own in-house asset management operating platforms in commercial, hospitality, property development, logistics, IDC and Education. 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.

Gaw Capital has raised seven commingled funds targeting the APAC region since 2005. The firm also manages value-add/opportunistic funds in the US, a Pan-Asia hospitality fund, a European hospitality fund, a Growth Equity Fund and it also provides services for credit investments and separate account direct investments globally.

Gaw Capital has raised equity of US$22.7 billion since 2005 with assets of US$35.4 billion under management as of Q1 2024.

 

About R.W. Capital

R.W. Capital was formed in 2001 to manage the White Family Office. Due to overwhelmingly strong investment performance, R.W. Capital received significant unsolicited interest from third-party investors to invest alongside the family and as a result in 2015 Dan White took the decision to form into a GP (investment manager).

To date, the group has invested more than A$5 billion in real estate private credit and equity investments across Australia and New Zealand in multiple sectors including logistics, residential, retail, hospitality and aged care. In 2023, R.W. Capital launched its inaugural closed-ended credit fund, the RWC Real Estate Credit Fund I, which is on track to achieve a gross IRR of 19% p.a. over a 2-3 year time horizon.

R.W. Capital today has approximately A$900 million of AUM.

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