LOS ANGELES / LONDON - Media OutReach Newswire - 3 November 2025 - Gaw Capital Partners, a leading multi-asset investment management firm, is issuing corrected information regarding the media coverage published on 31 October 2025 in PERE, titled "Gaw Capital shutters US, Europe institutional businesses".
Correct Information are as follows:
- Gaw Capital US will continue to invest in the US as an investment manager/operator focusing on its tech centric home markets on the west coast. The recent acquisitions of 2 lender assisted, deep discounted offices in Bellefield Office Park in Bellevue, a fifteen-building office campus embedded in a nature-park setting near Bellevue CBD, and North Park, San Francisco, a unique office campus in the heart of Jackson Square, San Francisco, demonstrate our nimbleness and ability to track markets where we have expertise in deal sourcing and operational skill sets on the ground.
- Gaw Capital UK is still actively managing Lloyd's Building, Harbour Exchange, Gilray House, Clerkenwell House in London under our separate accounts, and the hotel assets including Intercontinental Hotel, Porto and Hotel Infante Sagres, Porto. With the acquisition of the majority stake C2 Capital in Portugal in 2024, we are shifting our focus to Southern Europe and actively exploring investment opportunities in that region.
- There is a very minimal reduction in our headcounts in our US and UK offices. Gaw Capital focuses on ensuring all investor capital raised for the US institutional fund series and our assets under our separate accounts in UK and European Hospitality Fund exit in orderly and profitable manner.
Gaw Capital Partners is committed to transparency and accuracy in all communications and regrets any confusion or inconvenience the initial reporting may have caused our investors, business partners, stakeholders and the public. We have been in contact with PERE to request a correction to the headline of the article and it has already been revised to "Gaw Capital to wind down US, Europe institutional businesses".
Hashtag: #GawCapitalPartners
The issuer is solely responsible for the content of this announcement.
About Gaw Capital Partners
Based in Asia, Gaw Capital Partners is a multi-asset investment management firm focusing on real estate, growth equity, private credit and infrastructure markets globally.
Since its inception in 2005, the firm has raised seven commingled funds targeting Asia Pacific, alongside value-add /opportunistic funds in the U.S., a Pan-Asia Hospitality Fund, a European Hospitality Fund, a Growth Equity Fund and a Credit Fund. It also manages credit strategies and separate account direct investments globally.
Gaw Capital has consistently generated high yields by revitalizing underperforming assets, enhancing value through creative financing solutions and leveraging deep expertise in capital allocation.
Since 2005, the firm has managed US$35.8 billion in assets and raised US$24.4 billion in equity as of Q2 2025.
** The press release content is from Media OutReach Newswire. Bastille Post is not involved in its creation. **
HONG KONG SAR - Media OutReach Newswire - 20 May 2026 - Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced that it has entered into a strategic cooperation and joint venture framework agreement with Huanxi Media Group Limited ("Huanxi Media", stock code: 1003.HK), a prominent player in film and television entertainment.
By combining Phancy's comprehensive full-stack AI capabilities with Huanxi Media's extensive film and television data, intellectual property (IP) assets, and production expertise, the two companies aim to drive the entertainment industry's shift from digitalization to true intelligence.
Under the framework agreement, the parties plan to set up a joint venture as the collaboration platform. They will pursue in-depth cooperation across several key areas, including data collaboration, development of large models and Agents for film and television, exploration of AI applications in new entertainment scenarios, AI-powered joint production and content creation, IP derivative development, and broader resources collaboration.
In addition, the two parties have signed a framework agreement for large model API services. Huanxi Media intends to adopt Phancy's advanced large model and API services, with a targeted cumulative service value of no less than US$200 million through Token consumption over the next three years. The substantial long-term commitment highlights strong market confidence in the reliability and commercial strength of Phancy's AI Platform, and is expected to provide the Company with stable, recurring revenue streams.
Dr. Dai Wenyuan, Founder and CEO of Phancy, said: "The entertainment sector is one of the most valuable and promising application scenarios for AI. This in-depth strategic partnership with Huanxi Media represents a strong alliance between our two companies and our shared vision to build a new industry ecosystem. As a leader in full-stack AI infrastructure and technical services, we at Phancy will fully leverage our core strengths in large model development, Agentic AI, heterogeneous computing power scheduling, and our Token ecosystem to empower the entire value chain of the entertainment industry. Moving forward, we will work closely with Huanxi Media, combining our respective technological advantages and industry resources to unlock new growth potential in the AI-powered entertainment sector."
Strategic Significance of the Partnership
Phancy's full-stack AI capabilities have taken a major step forward, moving from general platform services into deep vertical integration within the entertainment ecosystem. By embedding its self-developed AI technologies into Huanxi Media's rich data, production environments, and IP assets, Phancy can integrate cutting-edge tools directly into content creation and daily operations, turning advanced technology into real business impact.
The film and television industry is going through a fundamental transformation. From assisted creation to intelligent production, and from virtual actors to interactive film and gaming experiences, AI is reshaping the entire content production process. The two parties will collaborate on frontier areas such as co-productions, digital human actor development, AI-generated realistic dramas, and interactive film-game projects. This partnership will move AI beyond a supporting tool and make it a core driver of content creation. Leveraging Phancy's strengths in domestic computing power adaptation and integrated hardware-software solutions, the collaboration will significantly reduce the barriers and costs of using AI in the entertainment industry and speed up its adoption in actual productions.
This strategic alliance is an important move for Phancy as it expands its presence in real-world AI applications and deepens its industry impact. It is also expected to set a new benchmark for intelligent transformation in the entertainment sector. The two companies will continue to explore innovative ways to integrate AI with entertainment, create high-quality intelligent content, and help drive the industry into a new stage of high-quality intelligent development.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
About Phancy Group
Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Our offerings include SageAIOS, HAMi vGPU and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. We provide a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting our vision of building a large-scale and efficient "Token Factory."
Guided by the mission of "AI for Everyone" and positioned as the "Navigator of AI," Phancy Group is committed to becoming a global leader in Artificial General Intelligence.
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