Barings, an investment management company, has announced its acquisition of Artemis Real Estate Partners. With over $11 billion in assets under management, Artemis is a leading real estate investment firm. The transaction is expected to be completed in the first quarter of 2025 and the financial details have not been disclosed.
Mike Freno, chairman & CEO of Barings expressed his excitement about welcoming the Artemis team to their company. He stated that both companies share a strong commitment to being trusted partners for investors. Freno also highlighted that real estate equity investing is a crucial part of their long-term strategy and believes this acquisition will significantly enhance their capabilities.
Headquartered in Washington D.C., Artemis offers diversified real estate services with expertise across different risk levels and product types. They are known for being one of the top platforms supporting entrepreneurs and emerging managers within the industry.
The legal counsel for Barings was provided by Dechert LLP’s Ken Young, Gregory Schernecke, Ross MacConnell along with global tax partner Joshua Milgrim and employee benefits partner Kevin Kaye. Berkshire Global Advisors acted as financial advisor for Artemis while Paul Hastings LLP served as legal counsel.
The picture shows Barings’ headquarters located in Charlotte.