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Barings to Acquire Artemis Real Estate Partners
Investment manager Barings has agreed to acquire Artemis Real Estate Partners, a real estate investment firm with $11 billion-plus of assets under management. The transaction is expected to close in the first quarter of 2025. Financial terms were not disclosed.
“We are thrilled to welcome the Artemis team to Barings, where we share a deep commitment to serving as trusted partners to investors,” said Mike Freno, chairman & CEO of Barings. “We view real estate equity investing as a key pillar of growth within our long-term strategy and believe this acquisition will meaningfully enhance our capabilities.”
Headquartered in Washington, DC, Artemis is a diversified real estate firm with investment expertise across the risk spectrum and across product types and has also established itself as one of the industry’s preeminent platforms capitalizing entrepreneurs and emerging managers.
A Dechert LLP team including Ken Young, Gregory Schernecke and Ross MacConnell along with global tax partner Joshua Milgrim and employee benefits partner Kevin Kay served as legal counsel to Barings. Berkshire Global Advisors served as financial advisor to Artemis, with Paul Hastings LLP acting as legal counsel.
Pictured: Barings headquarters in Charlotte.
- ◦Sale/Acquisition
