Cleary Gottlieb represented Angelo, Gordon & Co. LP (Angelo Gordon) in the fundraising of its fourth Asia-focused real estate fund, AG Asia Realty Fund IV.
The fund focuses on opportunistic and value-add office, hotel, retail, industrial, and residential real estate investments in Asia.
The fund raised aggregate capital commitments of approximately $1.3 billion from investors, which include a mix of large institutional investors, including state and private pension funds, endowments, family offices, and investment advisors.
Cleary has also represented Angelo Gordon in other fundraisings, including the predecessor fund to AG Asia Realty Fund IV.