trending Market Intelligence /marketintelligence/en/news-insights/trending/GvMCkfTACkgpsWxHyXWqyg2 content esgSubNav
In This List

Octopus Healthcare raises £134M for care home fund


S&P Capital IQ Pro | Powering Your Edge


S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights


Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud

Octopus Healthcare raises £134M for care home fund

U.K. and Ireland-focused healthcare facilities investor Octopus Healthcare raised a further £133.5 million for its Octopus Healthcare Fund, taking the vehicle's total equity to £320 million.

The new commitments in the latest fundraising came from new and existing institutional investors, according to a release. The fund was launched in August 2017.

Separately, the fund agreed to acquire a portfolio of six care homes for about £110 million, and forward fund the development of another elderly care home in the U.K. The development is in the Midlands and will be leased to a national operator.

Health and social care provider Care UK Ltd. leases the six care homes being acquired. Those properties are in Banbury, Cheltenham, Horsham, Norwich, Ware and Witney, U.K.