October 22, 2024, Hong Kong – Real estate private equity firm Gaw Capital Partners is pleased to announce that the firm has been affirmed a long-term issuer rating of “A+” with a stable outlook by Japan Credit Rating Agency, Ltd (“JCR”) on 21 October 2024.
The rating reflects Gaw Capital’s presence in the Asian market, trust from its leading investors, ability to generate stable cash flow mainly from fund management fee income, and sound financial structure backed by conservative financial management.
Goodwin Gaw, our Chairman and Managing Principal, said, “We’re honored to receive the A+ rating from Japan Credit Rating Agency, Ltd. It’s gratifying to be recognized for our diversified investment strategy in terms of asset class and geographic regions. We are devoted to creating additional value for our investors by seizing the right opportunities.”
Kenneth Gaw, our President and Managing Principal, added, “The A+ rating is a recognition of the proactiveness, dedication and diligence of our professional teams. Their unwavering commitment and meticulous work have played an integral role in achieving this recognition. We will continue to strive for excellence, aiming to establish an even stronger market position in the future.”
The news release from JCR on Gaw Capital Partners is available here.
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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.


Gaw Capital Partners, through its funds under management, and its consortium partners, acquired 29 Hong Kong-based community shopping centers and associated facilities in March 2018 and March 2019.
Gaw Capital Partners officially started to operate over 29 assets and facilities near the public estates and established “People’s Place”. “People” stands for the public and the residents, whereas “Place” here is an allusion to the idiomatic Chinese term for a location of virtue and tradition, as well as a well-governed community; “Place” also connotes the solidarity of the local neighborhood. All in all, “People’s Place” stands for a place rich in sentiments and compassion, bringing strangers together in constructing a vibrant, cozy living environment. People’s Place aspires to transform obsolete commercial facilities into vibrant community hubs by creatively utilizing its space and bringing brand new experiences to residents, tenants and community stakeholders.
In partnership with experienced educators in China, Gaw Capital has invested in the development and operations of Stellart International School of Arts (SISA), an international arts education platform in China. The platform is initially seeded by a commercial site conveniently located in Sanshan New Town in Nanhai, Foshan, which has excellent connectivity nationally via the Guangzhou South Station. The site has a GFA of c.50,000 sqm in total. Operating under the SISA brand and developed by Gaw Capital Partners, the school houses up to 600 full-time high school students in its 6-storey tall academic block and 7-floor dormitory. 
