Clifford Chance Advises Northwind Group on US$340 Million Northwind Healthcare Debt Fund II

"Clifford Chance advised New York-based Northwind Group on the formation of Northwind Healthcare Debt Fund II, a closed-end US healthcare real estate debt fund that raised over US$340 million, surpassing a US$250 million target. Herzog acted as co-counsel on Israeli tax and regulatory matters and in negotiations with certain Israeli institutional investors."

Clifford Chance advised Northwind Group on the formation of Northwind Healthcare Debt Fund II, and Herzog acted as co-counsel on Israeli tax and regulatory matters and in negotiations with certain Israeli institutional investors. The transaction involved the establishment of Northwind Healthcare Debt Fund II, a closed-end real estate debt fund focused on healthcare properties across the United States. The fund principally originates structured loans to finance skilled nursing facilities and senior housing assets and raised in excess of US$340 million in commitments, significantly exceeding its US$250 million target. Clifford Chance advised on fund structuring and led negotiations with a diverse, global investor base. Clifford Chance represented Northwind Group with a team composed by: Michael Sabin, Partner, Funds & Investment Management (New York); Cliff Cone, Partner; Sophie Bryson, Associate; Andrew Nelson, Associate; Rebecca Pereira, Partner (advising on tax matters). Herzog acted as co-counsel advising Northwind Group and engaging with certain Israeli institutional investors on Israeli tax and regulatory matters.

Clifford Chance Advises Northwind Group on US$340 Million Northwind Healthcare Debt Fund II

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