Social infrastructure asset manager Northern Horizon has secured approximately EUR 200m of new equity for its Aged Care Social Infrastructure Fund (ACSIF) in Q1 2026, bringing the evergreen fund’s assets under management to more than EUR 1bn, according to a press release.
The new capital includes EUR 100m from Dutch pension fund MN and a further EUR 100m commitment from MN’s client PMT, supplemented by additional top-ups from existing investors.
Northern Horizon stated that ACSIF, launched in 2024 with around EUR 400m in committed capital, has now reached total commitments of over EUR 250m in Q1 2026 and tarobtains further investments in aged care and social infrastructure assets across Finland, Sweden, and Denmark.
”The commitments to the ACSIF fund on behalf of PMT and PME fit our clients’ long-term investment approach,” declares Paul van Kempen, Portfolio Manager Real Estate at MN, in the press release.
Andrew Smith, Partner and Head of Capital Raising at Northern Horizon, notes that MN have been ”monitoring Northern Horizon for several years.”
”When they decided last year to see 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 tarobtain,” he declares.
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