Ventas to launch perpetual life vehicle targeting life science, healthcare

Ventas has sponsored and formed the Ventas Life Science and Healthcare Real Estate Fund, a perpetual life vehicle that will focus on investments in core and core-plus life science, medical office and senior housing real estate.

The fund is expected to launch during the first quarter of 2020 with more than $700 million in assets under management and third-party equity commitments of approximately $650 million.

“This Ventas-sponsored Fund is a natural opportunity to capitalize on our position as a trusted industry expert and innovator, and extend our track record of delivering outstanding returns to our public shareholders — including a compound total annual return of 22 percent over the last two decades,” said Debra Cafaro, Ventas chairman and CEO. “Accessing private institutional capital through a Ventas-sponsored Fund will further diversify our capital sources, enable us to invest across market cycles with a stable cost of capital, provide a vehicle for growth