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Sovereign Wealth Funds Briefing - Categorized | Investment

Alaska Permanent Fund invests $418mln in UK RE via LaSalle

Posted on 07 March 2014

The Alaska Permanent Fund Corp. on Thursday expanded its relationship with LaSalle Investment Management by agreeing to give it £250 million ($418 million) to invest in U.K. real estate, the companies said Thursday.
The permanent fund, which recently hit $50 billion under management for the first time, sees opportunities across all U.K. property types between £50 million and £150 million, according to LaSalle. This will be APFC’s first series of European real estate investments………………………………………..Full Article: Source


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