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Direct Investment  + Alternative Assets  + M&As  + Real Estate  | 
Barings to Acquire Artemis Real Estate Partners 

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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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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