Northern Horizon has completed an additional capital raise of €140 million ($163 million) for its flagship Aged Care Social Infrastructure Fund. With the new equity from MN on behalf of PMT, a large Dutch institutional investor, and from UBS Asset Management, ACSIF surpasses €1 billion ($1.2 billion) in assets under management. The new equity will be used to finance a large acquisition of six assets in Sweden in an all-equity deal and also will support the execution of a robust pipeline in all its core markets. Northern Horizon expects to announce further acquisitions soon.
“We accelerated our fundraising efforts for ACSIF in second quarter 2025 and, over the over the subsequent three quarters, we have raised €360 million [$418 million]. We value the trust placed in us by a growing investor base that now includes eight prominent global institutional investors,” said Christoffer Abramson, group CEO and partner, Northern Horizon.
Andrew Smith, partner and head