Gaw and Shenzhen Paladin Asset Management plan to invest up to US$1bn through a special situations fund. :
Gaw Capital Partners will enter the Chinese real estate distressed debt market through a US$1bn (€834m) joint venture with the investment arm of Country Garden Group. Gaw will partner Shenzhen Paladin Asset Management, with plans to invest up to a billion dollars through a special situations fund to buy into distressed real estate projects in China. A Gaw spokeswoman confirmed the joint venture with Shenzhen Paladin, but said there was no plan to establish a separate fund yet.