AG Asia Realty Fund IV’s $1.3 Billion Fundraising

Cleary Gottlieb represented Angelo, Gordon & Co. LP (“Angelo Gordon”) in connection with 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 advisers.

Cleary has also represented Angelo Gordon in other fundraises, including the predecessor fund to AG Asia Realty Fund IV.

The Cleary funds team included partner Robert Raymond, counsel Kenneth Blazejewski, and associates Samantha Cooper Rivera, Kai Kang, and John Lomazzi. Partner Jason Factor, counsel Susanna Parker, and associate Hannah Littman advised on tax issues. Senior attorney Patrick Fuller advised on regulatory issues. Associate Ashley Powell advised on ERISA issues. Senior attorney Catherine Taddei and associates Hannah Esslemont and Clay Willett advised on AIFMD matters. Associates Clay Simmons and Adrianna ScheerCook advised on CFTC matters.

Involved fees earner: Kenneth Blazejewski – Cleary Gottlieb Steen & Hamilton; Samantha Cooper Rivera – Cleary Gottlieb Steen & Hamilton; Hannah Esslemont – Cleary Gottlieb Steen & Hamilton; Jason Factor – Cleary Gottlieb Steen & Hamilton; Patrick Fuller – Cleary Gottlieb Steen & Hamilton; Kai Kang – Cleary Gottlieb Steen & Hamilton; Hannah Littman – Cleary Gottlieb Steen & Hamilton; John Lomazzi – Cleary Gottlieb Steen & Hamilton; Susanna Parker – Cleary Gottlieb Steen & Hamilton; Ashley Powell – Cleary Gottlieb Steen & Hamilton; Robert Raymond – Cleary Gottlieb Steen & Hamilton; Clayton Simmons – Cleary Gottlieb Steen & Hamilton; Catherine Taddei – Cleary Gottlieb Steen & Hamilton; Clay Willett – Cleary Gottlieb Steen & Hamilton;

Law Firms: Cleary Gottlieb Steen & Hamilton;

Clients: Angelo, Gordon & Co., L.P.;