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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Alaska Permanent Fund to free up $300mln for real estate

Posted on 31 May 2013

The Alaska Permanent Fund Corporation has earmarked approximately $300m (€233m) to invest real estate after it increased the maximum leverage allowed in its real estate portfolio from 25% to 35% and adding a 50% leverage maximum on any one property.
Mike Burns, executive director for Alaska, said: “We have seen how low the current interest rates are now, and we wanted to take advantage of this situation………………………………………..Full Article: Source


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