TL/DR –
Artemis Real Estate Partners has raised $1.4bn for its latest US healthcare property strategy, according to an SEC filing. This includes $1.2bn for the Artemis Real Estate Partners Healthcare Fund III and $200m raised by the manager in co-investment capital. The fund, which aims to raise a total of $1.5bn, will invest in medical office space, senior housing, and debt.
Artemis Secures $1.4bn for US Healthcare Property Strategy
Artemis Real Estate Partners has raised $1.4bn for its latest US healthcare real estate investment strategy, according to recent SEC filings. The sum includes $1.2bn for Artemis Real Estate Partners Healthcare Fund III, plus further co-investment capital of $200m.
Fund III aims to raise $1.5bn in capital, directing investments toward medical offices, senior housing and debt.
Key Contributors to Artemis Real Estate Partners Healthcare Fund III
Significant contributors to the fund include the California State Teachers Retirement System with $300m, Connecticut Retirement Plans and Trust Funds contributing $150m initially, with an option to increase by $50m, San Francisco Employees Retirement System at $60m, and the Illinois Municipal Retirement Fund with $50m.
Investment Process Commences for Artemis Healthcare Fund III
Artemis has initiated the investment process for the healthcare-focused commingled fund, as per sources tracking the fundraising. For the latest updates on real estate investments, check out the current edition of IPE Real Assets magazine.
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