Gaw Capital Partners USA announced the appointment of Ashish Gupta as Senior Vice President for Acquisitions. In a release, the Company said Gupta will be based in the soon- to-be opened New York City office and is responsible for U.S. investments for the firm, with a focus on projects located on the east coast and other select "knowledge- and innovation-based markets" such as Austin, Texas . Most recently, Gupta was a Senior Vice President at Lehman Brothers where he was responsible for overseeing the restructuring, asset management and monetization of a portfolio of debt and equity positions collateralized by approximately 30 million square feet of office space across several major US markets. Through restructurings and recapitalizations that had entailed third-party owned debt buybacks, joint venture partner buyouts, loan modifications, the arrangement of new funding facilities and change of control actions, Gupta created value in complicated and distressed situations and delivered an estimated $2.5 billion recovery to Lehman. Prior to that, Gupta completed over $17 billion in property- and entity-level acquisitions in the U.S. on behalf of a balance sheet equity product at Lehman. Gaw Capital Partners USA is the new entity of Gaw Capital Partners , a Hong Kong -based private equity real estate fund management company with a geographic focus on Greater China and the Asian real estate markets in the past. Gaw Capital Partners currently manages four real estate funds targeting the Greater China and Asia Pacific region, while Gaw Capital Partners USA provides services for separate account direct investment and private equity real estate fund management in the US and UK markets. Earlier this year, Timothy Walsh , the former Chief Investment Officer and director of New Jersey Division of Investment , New Jersey's USD$ 74 billion pension fund, also joined Gaw Capital Partners USA as President and Chief Operating Officer. Walsh will oversee US operations and increase the firm's investments in US real estate. Goodwin Gaw , Chairman and Managing Principal of Gaw Capital Partners , said, "We are happy to welcome Ashish to our growing family. He has deep transactional experience in many facets of real estate investing and lending and I am grateful for his confidence in our platform to make this important move to us." More information: http://www.gawcapital.com ((Comments on this story may be sent to firstname.lastname@example.org ))
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