GFH scquires Big Sky Asset Management

GFH scquires Big Sky Asset Management

- Builds on its thematic focus on attractive and defensive markets

Manama: GFH Financial Group (“GFH” of the “Group”) today announced it has completed the acquisition of a majority stake in Big Sky Asset Management (“Big Sky”), a US-based real estate asset manager focused on the attractive and defensive healthcare segment.

This transaction further expands GFH’s presence in the US and builds on its thematic focus on attractive and defensive markets. It follows the earlier acquisition in May 2022 of US-based SQ Asset Management, a leading specialist in student housing in prime US states and cities.

With the acquisitions of Big Sky, GFH has established a strong foothold in the growing, defensive healthcare market, making the Group one of the early pioneers in the region to penetrate this segment. Big Sky brings more than 20 years of experience in investing and managing healthcare assets in the US, with more than US$2 billion in cumulative transaction value and 130 in medical facilities.

“We are looking forward to this partnership with an established and well positioned expert such as Big Sky, and believe it gives GFH a unique approach to the market by bringing together our regional expertise with Big Sky’s extensive know-how in the US