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Chicago & Midwest  + Healthcare  | 
Hammes Partners Raises $739M for Healthcare Property Fund

Hammes Partners Raises $739M for Healthcare Property Fund 

Milwaukee-based healthcare real estate specialist Hammes Partners has raised $739 million in capital commitments  for its third closed-end value-added fund Hammes Partners IV, L.P.

The oversubscribed Fund achieved its hard cap within seven months of its launch, receiving strong support from existing investors and consulting relationships, and substantial interest from a wide variety of new investors, Hammes said. 

Building on Hammes’ investing experience that spans two decades and drawing on its roots as an asset operator, the Fund will invest in acquisition and development opportunities in U.S. healthcare real estate, similar to prior funds, the company said.

Hammes said intends to utilize its longstanding industry relationships and expertise to take advantage of trends in healthcare real estate, including an aging population and healthcare services increasingly provided through outpatient venues.

 “We appreciate and remain highly committed to our investors, many of whom have supported us since the inception of our institutional fund platform, said Managing Principal Patrick Hammes. 

Investors in the Fund include endowments, foundations, pension funds, insurance companies, family offices, investment and wealth managers, and fund of funds.

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Patrick Hammes

About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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