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TSC Fund – Eurocare IV

TSC FUND - EUROCARE IV

Closed-end Core plus healthcare real estate.

Launched in 2021, TSC Fund - Eurocare IV (“Eurocare IV”) is the fourth healthcare-focused fund managed by Threestones Capital Management.
The fund’s investment strategy targets the structural undersupply of care infrastructure driven by Europe’s ageing population, while capitalising on a highly fragmented long-term care market that is undergoing consolidation and institutionalisation, creating attractive opportunities for both real estate investors and operating partners.
Eurocare IV reached its final close in 2024 and successfully completed its investment phase in 2025. The fund’s portfolio comprises 38 care homes, assisted living and specialist care assets across Germany, Italy, and Spain, leased to high-quality tenants under long-term, inflation-linked contracts.
18+

Properties Managed

2800

Residents

320+

Talented Staff

3 +

Years of Operation

Key facts.

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Fund name: TSC Fund Eurocare IV

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Fund structure: Luxembourg Closed-end SIF

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Vintage year: 2021

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Fund term: 6 years (+1+1)

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Fund status: Holding period

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Asset class: Healthcare Real Estate

Luxembourg Park on Route D'Esch
EUROCARE IV

Valuations.

38

Number of assets

75

Germany allocation (%)

13

Spain allocation (%)

206459

Net Floor Area (M²)

4202

Beds & Apartments

INVESTISSEMENT SOCIALEMENT RESPONSABLE

Sustainably orientated.

Threestones Capital has obtained the French SRI label (label ISR) for its “TSC Fund – Eurocare IV” sub-fund.

ISR Logo
INVESTISSEMENT SOCIALEMENT RESPONSABLE

Sustainably orientated.

Threestones Capital has obtained the French SRI label (label ISR) for its “TSC Fund – Eurocare IV” sub-fund.

ISR Logo
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