Artemis Real Estate Partners, a real estate investment management firm based in the Washington, D.C., metropolitan area, has held a first close at $400 million for its target $750 million commingled, fully discretionary Income & Growth Fund, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
Artemis Income & Growth Fund is a commingled core-plus fund with an emerging manager overlay, the evolution of a series of emerging manager separate accounts in which Artemis has acquired $1.7 billion of assets with 30 emerging and diverse joint venture operating partners. Like Artemis’ other vehicles, Artemis Income & Growth Fund will invest in the United States across property types with a focus on the multifamily, office, industrial, self-storage and retail sectors.
Artemis has raised nearly $4 billion of investor capita