Altamar and Healthcare Activos form JV, launch investment vehicle

Altamar Capital Partners and Iberian real estate platform Healthcare Activos have partnered to launch a new investment vehicle, Healthcare Activos Yield (HAY).

Healthcare Activos specializes in the healthcare sector, which includes nursing homes, clinics and hospitals. Altamar is an international alternative assets manager in Europe.

The Spanish real estate healthcare sector has a total investment volume of roughly €20 billion ($22 billion) and is expected to grow 3 percent annually over the next 15 years, according to Altamar.

“This joint venture with Altamar is the consolidation of a project that started three years ago and allows us to maintain our growth path, following the marked roadmap,” said Jorge Guarner, chairman of Healthcare Activos. “In addition, we both have the same long-term investment approach, which is one of the keys to success in this sector.”

The fund has been launched with 20 income-producing seed assets within its portfoli