Henderson launches $200 million U.S. student housing fund

Henderson Global Investors has launched Henderson Student Housing Fund, a $200 million U.S.-focused student housing fund. The firm aims to end the fundraising period on Dec. 31, 2013. The core-plus fund targets investors located in the United States and internationally.

Henderson will acquire and operate assets both directly and through joint ventures. For direct investments, third-party specialist campus property manager Greystar will be used for onsite management. Joint venture investments will be made in partnership with best-in-class student housing owner/operator Pierce Education Properties, which will be responsible for the day-to-day management of those properties.

Henderson Global Investors, wholly owned by Henderson Group, manages assets worth £65.6 billion ($100