12.06.2014 - Alaska Permanent Fund plans more housing, infrastructure
Alaska Permanent Fund Corporation is planning to invest $400m (€296m) in infrastructure and $160m in single-family homes in the US. The pension fund has launched its third joint venture with American Homes 4 Rent, providing 80% of the $200m capital to invest in rented accommodation. The Permanent Fund provided $400m and $200m for two previous partnerships in 2012. Michael Burns, executive director for the pension fund, said: “We have been pleased with the results we have had with American Homes up to this point...............................................Full Article: Source
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