Godrej Fund Management’s $500 Million Closing of GBTC II Fund

Baker McKenzie Wong & Leow advised Godrej Fund Management on the deal. Allen & Gledhill acted for Allianz Real Estate.

Godrej Fund Management (GFM) formed and closed the $500 million GBTC II, which is GFM’s second build-to-core, office-focused fund that will invest in the development of premium office buildings across India’s key office markets.

Godrej Fund Management has put $50 million in the vehicle as sponsor.

Allianz Real Estate acquired $200 million of interests in the fund. 

GFM is the real estate private equity arm of the Godrej Group.

The Baker McKenzie Wong & Leow team was led by Principal Derek Kwan (Picture), and included Senior Associate Jens Carle.ù

The Allen & Gledhill team consisted of Partners Richard Young, Ko Xiaozheng, Jonathan Lee and Lee Bik Wei.

Involved fees earner: Ko Xiaozheng – Allen & Gledhill LLP; Bik Wei Lee – Allen & Gledhill LLP; Jonathan Lee – Allen & Gledhill LLP; Richard Young – Allen & Gledhill LLP; Jens Carle – Baker McKenzie; Derek Kwan – Baker McKenzie;

Law Firms: Allen & Gledhill LLP; Baker McKenzie;

Clients: Allianz Real Estate; Godrej Fund Managment ;