REAL ESTATE
One Orchard Launches with InfraMed Healthcare Real Estate Platform
Pantheon, the $84 billion global private markets investor, is the lead institutional limited partner behind the new firm's debut medical outpatient facilities platform, formed with real estate operator REDICO.
One Orchard has launched as an investment firm and holding company designed to concentrate capital into fully integrated, proprietary real asset platforms. Based in New York City, it is co-founded by David Elliott and Bradley Guz, who bring experience leading similar strategies at global institutional investment management firms. Alongside its launch, One Orchard has announced its first investment and operating platform, InfraMed Properties, a healthcare infrastructure strategy focused on acquiring and managing critical medical outpatient facilities leased to leading healthcare systems and specialty care providers across the United States. One Orchard's investment in InfraMed is supported by institutional limited partners led by Pantheon, a global private markets investor with $84 billion in assets under management.
Seeded with a 25-asset portfolio
InfraMed is seeded with a 25-asset portfolio spanning 16 states and was formed in partnership with REDICO, a vertically integrated real estate investment, development and operating company with a 60-year track record and healthcare experience. InfraMed, which has offices in Michigan and New York, is targeting more than $1 billion in assets as it builds a scaled national portfolio of medical outpatient buildings.
David Elliott, One Orchard's Co-Founder and Managing Partner, said the formation of One Orchard and InfraMed was "the culmination of our prior experiences investing over $10 billion in real assets and platforms over the last 15 years, and our strong view on the need for a more integrated approach in a new era of private markets and real assets investing." Bradley Guz, Co-Founder and Managing Partner, said: "By collapsing the operator and GP structure in focused platforms, we can more effectively control execution and provide our investors with direct, efficient structures from which to participate, including InfraMed."
Why it matters for private wealth
The launch is a notable example of an institutional private markets investor, Pantheon, anchoring a newly formed manager's debut platform rather than committing to an existing fund, reflecting continued institutional appetite for integrated operator-GP structures in specialised real asset sectors such as healthcare-leased outpatient property.