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Sign in Sign up for a FREE subscriptionBlue Moon Senior Housing II fund reports $149m in capital raised
The Blue Moon Senior Housing II fund, managed by Boston-based Blue Moon Capital Partners, has raised $148.6 million against a target of $500 million, a recent SEC Form D filing shows.
Earlier this year, the fund received a $100 million commitment from the Pennsylvania State Employees’ Retirement System. The fund has 11 investors to date, according to the document.
The value-add specialty niche fund will focus on acquisitions and development of senior housing, with a 50 percent limit on development.
