Northern Horizon, an independent asset manager with a strategic focus on aged care and senior housing in the Nordics, has converted its third healthcare fund into an open-ended fund.
With the launch of the evergreen fund, Northern Horizon Aged Care Social Infrastructure SICAV-RAIF, Northern Horizon is addressing the shortage of modern care homes in the Nordics as the population of the Nordic countries continues to age rapidly.
Aligned with SFDR Article 8, The Aged Care Social Infrastructure Fund invests in aged-care homes and other social-infrastructure properties in Sweden, Finland, Norway and Denmark.
The Aged Care Social Infrastructure Fund is the fifth healthcare fund managed by Northern Horizon. The fourth fund recently reached the end of its investment phase. The fifth fund is backed by equity commitments from follow-on investors and welcomes new equity capital from clients of The Townsend Group, as well as a new cornerstone investor, UBS Asset Managementâ