BOSTON, MA (September 7, 2016) — Blue Moon Capital Partners LLC (“Blue Moon”), a leading senior housing private equity investor, announced today that Christopher S. Kronenberger has joined the firm as Managing Director, Investments to lead business development and investment origination. Chris will also be involved in all aspects of the day-to-day investment activity and is a member of Blue Moon’s Investment Committee.
Chris joins Blue Moon with eight years of senior living investment experience from PGIM Real Estate (formerly Prudential Real Estate Investors) where he oversaw all of the underwriting and due diligence for new acquisitions and dispositions for their dedicated senior housing funds. Chris will work directly with Kathryn Sweeney, Managing Partner and Chief Investment Officer, investing on behalf of Blue Moon’s senior living fund, Blue Moon Senior Housing I LP (“BMSH I”). Kathy Sweeney commented “Chris has a strong background in senior living and importantly to Blue Moon, fully appreciates investing in the sector on behalf of institutional investors. We look forward to growing our business with Chris as a key member of the team.” Chris Kronenberger commented “Blue Moon is poised for growth in a sector that has the benefit of strong demographic tailwinds and is increasingly gaining the attention of institutional investors. I am excited to be a part of this growth platform.”
ABOUT BLUE MOON CAPITAL PARTNERS
Blue Moon, headquartered in Boston, Massachusetts and co-founded by Kathryn Sweeney and Susan Barlow, is focused exclusively on the senior housing sector. Blue Moon’s team has over 30 years of experience in senior housing finance and operations. Blue Moon secured a $250 million capital commitment from Scout Fund II through Hawkeye Partners, LP out of Austin, Texas to form BMSH I. BMSH I invests in development and recapitalization of new, purpose built, innovative senior housing communities in joint venture with leading senior housing developers and operators.