Artemis Retains Its Culture Amid the Transition
Artemis, headquartered in Washington, D.C., operates across the risk spectrum, from low-risk ventures to high-yield opportunities. Despite the acquisition, co-founder and co-CEO Deborah Harmon assured investors that the firm’s core values would remain intact.
“We are deeply grateful to our investors for the past 15 years and look forward to continuing our partnership as a force multiplier for performance and purpose,” Harmon said.
Barings already manages a massive $421 billion in assets, including $50 billion within its real estate platform spanning North America, Europe, and Asia. The Artemis acquisition will further cement its status as a dominant player in the industry.
Legal Powerhouses Steering the Deal
The deal is being orchestrated by top-tier legal counsel. Dechert LLP is advising Barings with a team that includes corporate partners Ken Young, Gregory Schernecke, and Ross MacConnell, alongside tax and benefits experts. Artemis is represented by Paul Hastings LLP, with M&A partner Timothy Fesenmyer and a corporate team leading the negotiations.
Berkshire Global Advisors is serving as the financial advisor to Artemis.
