Asset manager raises EUR 100m for new Nordic care homes

Northern Horizon's new fund has reached its first close at EUR 100m and targets real estate investments in the Nordic elderly care home segment, where long contracts provide strong and stable cash flows, says the international fund manager.

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International asset manager Northern Horizon has achieved the first close of its new fund, NACF IV, attracting EUR 100m in capital commitments, AMWatch's Danish sister media EjendomsWatch writes.

"We are delighted to have held such a strong first close, especially given the Covid-19 pandemic, and are grateful for the continued support we have received from existing investors," writes Northern Horizon Fund Manager Riikka Moreau in a press statement.

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