Our corporate
history
Founded in Denmark in 2001, we have created value for investors for more than 20 years. Click below to explore the highlights and key events of our 20+ year corporate journey.
2024
Aged Care Fund IV fully invested
We announced the successful deployment of the investment capacity of EUR 648 million for our fourth Nordic healthcare fund.
2023
3rd largest real estate deal in Denmark
Northern Horizon’s acquisition of a care home portfolio from NREP made the biggest deals list in Denmark in 2023, published by Børsen Ejendomme.
2022
Aged Care Fund IV closed with record-breaking capital commitments
Aged Care Fund IV closed at EUR 324m of capital commitments which makes ACIV the largest fund in the firm’s age care series.
2021
Reaching EUR 1billion in asset management
In 2021, total assets under management reached EUR 1billion.
2020
Launching the forth healthcare fund
Aged Care Fund IV was launched in 2020. Like its predecessors, the fund’s strategy is to acquire modern aged care assets across the Nordics. The seed acquisition was a care facility combined with senior housing in Denmark.
2020
Successful portfolio exit
Laurus was successfully exited in 2020 with the sale of portfolio of 49 commercial properties in the Baltics and a large development site in Gdansk.
2018
Care home acquisition #100
Care home acquisition #100 confirms Northern Horizon’s role as a front runner in Nordic care.
2016
Nordic care investments continue
Nordic Aged Care was launched in 2016 and it is Northern Horizon’s third specialized care home fund. The fund has raised EUR 300 million of equity and is fully committed with a portfolio of 63 aged care homes located in Finland and Sweden.
2016
The listing of Baltic Horizon Fund
In 2016, Baltic Horizon became the first public real estate fund listed on Nasdaq Tallinn exchange. Today, Baltic Horizon Fund is listed on the Tallinn and the Stockholm stock exchanges.
2015
The launch of joint venture fund Laurus
In 2015, Laurus – a joint venture between Partners Group and Northern Horizon - was established to manage value add real estate investments in the Baltics and Poland.
2013
Investing into Finnish care homes
Healthcare II was our second healthcare fund investing into care homes in Finland. The fund was launched in 2013 backed by leading Finnish institutional investors and high net worth individuals reaching a EUR 50 million equity base. The fund was sold in February 2018 at a value of EUR 141 million, delivering a net IRR of approximately 29% and an equity multiple of 1.7x to the investors.
2010
Pursuing Baltic opportunities
In 2010, we launched the Baltic Opportunity Fund with the aim to take advantage of a potential post-crisis recovery of Baltic property markets. Baltic Opportunity Fund since merged with Baltic Horizon Fund with Baltic Horizon Fund as the remaining entity.
2010
Niche investment strategies
After the global financial crisis, which was a challenging period for the sector, the focus was again on growth but with a niche investment strategy and a name change to Northern Horizon to reflect the ambition to become a regional leader in the Nordics and in the Baltics.
2007
Healthcare asset pioneering
We launched Healthcare I at the end of 2007 with the intent to invest into care homes in Finland. Healthcare I was a pioneer fund in its asset class in the Nordics. The total equity of the fund was EUR 60 million with an investment capacity of EUR 120 million. The full portfolio was sold in February 2016 for EUR 155 million to Finnish-based eQ.
2003
Launching a second fund
In 2003, a second fund was introduced with a strong in-flow of Nordic institutional players. In 2004, the fund made its first investment over EUR 25m with the acquisition of the Europa shopping center in Vilnius which is still in the asset portfolio today.
The following years, the company expanded rapidly and with a strong focus on innovation. Value of assets under management grew to more than EUR 750 million.
2001
The startup years
The company started up in a Danish basement in 2001 with an ambitious strategy to become a leader in the Baltics.
The first fund was launched in 2001 with an equity base of EUR 15m and EUR 30m in assets.
2024
Aged Care Fund IV fully invested
We announced the successful deployment of the investment capacity of EUR 648 million for our fourth Nordic healthcare fund.
2023
3rd largest real estate deal in Denmark
Northern Horizon’s acquisition of a care home portfolio from NREP made the biggest deals list in Denmark in 2023, published by Børsen Ejendomme.
2022
Aged Care Fund IV closed with record-breaking capital commitments
Aged Care Fund IV closed at EUR 324m of capital commitments which makes ACIV the largest fund in the firm’s age care series.
2021
Reaching EUR 1billion in asset management
In 2021, total assets under management reached EUR 1billion.
2020
Launching the forth healthcare fund
Aged Care Fund IV was launched in 2020. Like its predecessors, the fund’s strategy is to acquire modern aged care assets across the Nordics. The seed acquisition was a care facility combined with senior housing in Denmark.
2020
Successful portfolio exit
Laurus was successfully exited in 2020 with the sale of portfolio of 49 commercial properties in the Baltics and a large development site in Gdansk.
2018
Care home acquisition #100
Care home acquisition #100 confirms Northern Horizon’s role as a front runner in Nordic care.
2016
Nordic care investments continue
Nordic Aged Care was launched in 2016 and it is Northern Horizon’s third specialized care home fund. The fund has raised EUR 300 million of equity and is fully committed with a portfolio of 63 aged care homes located in Finland and Sweden.
2016
The listing of Baltic Horizon Fund
In 2016, Baltic Horizon became the first public real estate fund listed on Nasdaq Tallinn exchange. Today, Baltic Horizon Fund is listed on the Tallinn and the Stockholm stock exchanges.
2015
The launch of joint venture fund Laurus
In 2015, Laurus – a joint venture between Partners Group and Northern Horizon - was established to manage value add real estate investments in the Baltics and Poland.
2013
Investing into Finnish care homes
Healthcare II was our second healthcare fund investing into care homes in Finland. The fund was launched in 2013 backed by leading Finnish institutional investors and high net worth individuals reaching a EUR 50 million equity base. The fund was sold in February 2018 at a value of EUR 141 million, delivering a net IRR of approximately 29% and an equity multiple of 1.7x to the investors.
2010
Pursuing Baltic opportunities
In 2010, we launched the Baltic Opportunity Fund with the aim to take advantage of a potential post-crisis recovery of Baltic property markets. Baltic Opportunity Fund since merged with Baltic Horizon Fund with Baltic Horizon Fund as the remaining entity.
2010
Niche investment strategies
After the global financial crisis, which was a challenging period for the sector, the focus was again on growth but with a niche investment strategy and a name change to Northern Horizon to reflect the ambition to become a regional leader in the Nordics and in the Baltics.
2007
Healthcare asset pioneering
We launched Healthcare I at the end of 2007 with the intent to invest into care homes in Finland. Healthcare I was a pioneer fund in its asset class in the Nordics. The total equity of the fund was EUR 60 million with an investment capacity of EUR 120 million. The full portfolio was sold in February 2016 for EUR 155 million to Finnish-based eQ.
2003
Launching a second fund
In 2003, a second fund was introduced with a strong in-flow of Nordic institutional players. In 2004, the fund made its first investment over EUR 25m with the acquisition of the Europa shopping center in Vilnius which is still in the asset portfolio today.
The following years, the company expanded rapidly and with a strong focus on innovation. Value of assets under management grew to more than EUR 750 million.
2001
The startup years
The company started up in a Danish basement in 2001 with an ambitious strategy to become a leader in the Baltics.
The first fund was launched in 2001 with an equity base of EUR 15m and EUR 30m in assets.