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Direct Investment  + Alternative Assets  + M&As  + Real Estate  |  February 19, 2025
Barings to Acquire Artemis Real Estate Partners 
Joe Palmisano
By: Joe Palmisano

Barings to Acquire Artemis Real Estate Partners 

Barings, a subsidiary of MassMutual, has agreed to acquire Artemis Real Estate Partners, aiming to strengthen its position in the U.S. real estate market and accelerate the platform’s long-term growth.  

Financial terms of the deal, which is expected to close in the first quarter of 2025, were not disclosed. 

Washington, DC-based Artemis manages more than $11 billion in real estate investments across multifamily, industrial, office, retail, hospitality, self-storage, senior housing, and medical office. 

“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,” said Mike Freno, chairman & CEO of Barings. 

Barings’ global real estate platform has over $50 billion in assets under management, including more than $28 billion in global real estate debt. The platform operates out of 17 offices in nine countries. 

Notable investors in Artemis funds include the Connecticut Retirement Plans and Trust Funds and the New York State Common Retirement Fund. 

Dechert LLP served as legal counsel to Barings. Berkshire Global Advisors served as financial advisor to Artemis, with Paul Hastings LLP acting as legal counsel. 

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Artemis Real Estate PartnersBarings

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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