U.S.-based assisted living and home health care investment firm Canexxia Equity Partners has inaugurated its first $312 million assets backed private equity (PE) fund.
The new fund, Canexxia Senior Housing Fund I LP, will focus on senior housing properties providing private pay independent living, assisted living and home health care services to senior citizens across the United States.
Canexxia will invest approximately $900 million into senior housing assets over the next 18 months.
To date, Canexxia has infused more than $318 million into real estate assets in the U.S. via its earlier vehicles.