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Sovereign Wealth Funds Briefing - Categorized | Market

Alaskan Fund Ups Commitment to Single-Family Rental Purchases

Posted on 20 June 2014

The Alaska Permanent Fund Corp. entered into a limited liability company agreement with American Homes 4 Rent to form American Homes 4 Rent II LLC (to acquire, renovate and lease additional single-family residential properties in the United States.
The fund has an 80% capital interest in the new company with American Homes the remaining 20%. The two will initially fund the new firm with $50 million. The maximum term of the new company is six years at which time any unsold properties will be sold………………………………………..Full Article: Source


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