Blue Moon Capital Partners

Kathryn A. Sweeney, co-founder, managing partner, and chief investment officer, leads investment decisions. She directs acquisitions, portfolio management, and return optimization strategies. She has been investing in senior housing since 1997 and previously managed a CalPERS senior housing separate account at AEW Capital Management.

Blue Moon sources deals by matching institutional capital with senior housing operating partners who are developing new supply. Its sourcing edge comes from the deep industry networks of its co-founders, one of whom chairs the American Seniors Housing Association and the other the National Investment Center for Seniors Housing & Care board. These governance positions provide early visibility into operator quality and market trends.

Blue Moon invests directly in senior housing properties through joint ventures with operating partners and makes direct acquisitions. The firm structures its investment programs to provide strategic capital for development of new supply, rather than acquiring assets through fund-of-funds or passive limited-partner commitments.

Blue Moon targets the full spectrum of private-pay senior housing, including independent living, assisted living, and memory care communities. Its strategy focuses on working with operators to develop the next generation of supply intended to capture the demographic wave of retiring Baby Boomers.

Susan Barlow chairs the Management and Investment Committees, and Kathryn Sweeney also sits on both. Managing directors responsible for acquisitions and asset management, Christopher Kronenberger and Taylor Rijos, are members of both committees as well. This integrates deal execution and portfolio oversight directly into the firm’s top-level governance.