The continued successful fundraising for ACSIF reaffirms the institutional demand for the Fund’s impact-driven strategy to provide modern, sustainable care beds to an underserved Nordic region. The evergreen fund now has over EUR 1 billion of assets under management, and these additional equity commitments will support further strategic growth of the Fund’s portfolio.

Christoffer Abramson, Group CEO and Partner, Northern Horizon, said: “We are incredibly proud to be the only manager with 20 years of experience of investing in Nordic social infrastructure assets. The firm has maintained its leading position in the Nordic market with an experienced, small and highly specialized team focused on healthcare assets. We launched ACSIF in 2024 with around EUR 400 million in committed capital. To announce this second fundraise in Q1 2026, with total commitments of over EUR 250 million in the same quarter, reflects Northern Horizon’s ability to attract institutional capital by consistently delivering strong returns over time. The renewed investor commitments truly underscore the strength of Northern Horizon’s strategy, the ACSIF portfolio and our team.”

Paul van Kempen, Portfolio Manager Real Estate, MN, said: “The commitments to the ACSIF fund on behalf of PMT and PME fit our clients’ long-term investment approach. The strategy provides exposure to a sector supported by structural demographic trends and growing demand, through a manager with a focused Nordic platform and strong local market expertise.”

Andrew Smith, Partner and Head of Capital Raising at Northern Horizon, commented: “MN have been monitoring Northern Horizon for several years. When they decided last year to look into an investment in Europe in the Aged Care Real Estate sector they ran an overview of the European market and shortlisted Northern Horizon as a potential target with our flagship “ACSIF” Open Ended Core Fund. We are thrilled that MN chose Northern Horizon on behalf of their clients (PME and PMT) and we appreciate their two investments of EUR 100 million each in Q1, 2026. We look forward to continuing the strong performance of ACSIF for our existing and new investors.”

ACSIF delivers new, purpose-built care facilities operated by well-established private care providers or municipalities under long-term, inflation-linked, and often triple-net agreements. In doing so, the Fund and its investor base help address a growing societal challenge across the Nordics. The Fund’s asset portfolio currently comprises 83 aged care properties and other social infrastructure assets across Finland, Sweden, and Denmark.

For further information, please contact:

Christoffer Abramson, Group CEO and Partner, Northern Horizon
+46 073 0788902, christoffer.abramson@nh-cap.com

Andrew Smith, Partner and Head of Capital Raising, Northern Horizon
+46 706 999274, andrew.smith@nh-cap.com

About Northern Horizon

Northern Horizon is a Nordic-based real estate investment manager with a strategic focus on responsible real estate investments in healthcare and social infrastructure. The value proposition of Northern Horizon’s investment products is a potential for long-term capital growth and a commitment to help solve a societal challenge.

With a track record of 180+ investments into care and senior housing assets since 2007, Northern Horizon has established itself as a leader in social infrastructure in the Nordics.

About Aged Care and Social Infrastructure Fund (ACSIF)

Northern Horizon launched its fifth healthcare fund, Aged Care and Social Infrastructure Fund, in 2024. ACSIF invests in modern aged care homes and other social infrastructure assets in Sweden, Finland, Norway, and Denmark.

 

Disclaimer

Marketing Communications

This document is not a contractually binding document, or an information document required by any legislative provision, and is not sufficient to take an investment decision. This is a marketing communication for PROFESSIONAL INVESTORS only. Please refer to the legal and regulatory documentation of Northern Horizon Aged Care Social Infrastructure SCSp SICAV-RAIF before making any final investment decisions.

Investing involves risks. Real estate investments are highly illiquid and designed for professional investors pursuing a long-term investment strategy only. The value of an investment and the income associated with it can go down as well as up. Investors may not get back the full amount invested. Past performance is not a reliable indicator of future results. The views and opinions expressed herein, which are subject to change without notice, are the views and opinions of Northern Horizon at the time of publication.