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Alliant Strategic Preservation Fund

United States of America

Last updated 12 May 2020, by Impactyield.

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Alliant Strategic Preservation Fund is a real estate private equity venture focused on the acquisition, rehabilitation, and preservation of “at-risk” multifamily affordable housing apartments throughout North America.

Real estate investors have increasingly viewed affordable housing properties with expiring public subsidies as attractive targets for repositioning to market-rate properties serving higher-income households. The Fund’s strategy helps ensure these properties remain affordable by replacing these public subsidies with private capital seeking cash-on-cash returns in the form of current income and capital appreciation thus preserving the long-term affordability of these critical assets for low- and moderate income individuals and families.

The Fund’s investments create an impact on these residential communities by bring new resources to properties where affordable rents are not being supported by new affordable housing subsidies. By making investments in physical upgrades, community services and environmental efficiencies the Fund seeks to enhance the tenant’s quality of life while preserving the affordability of a vital national resource.


Asset class

,

Fund style


Financial description

The Fund targets a 14% - 17% IRR with quarterly distributions of net investment income and capital appreciation.

10 years

of track record

2014

the year funded

250,000,000 USD

AUM

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Asset manager

Key performance indicators

Fund overview

Asset manager: Alliant Strategic Investments

Product track record: Fund has 10 years of track record

Target IRR: 15%

Committed Capital: 20,000,000 USD (US Dollar)

Target return category: Risk-adjusted market-rate of return

Fund domicile:

Product status:

Style/Stage:

Inception year: 2014

Vintage year: 2014

Target region: , , ,

Target close date: 01/06/2016

Product term: 5-7 years

Assets under management: 250,000,000 USD (US Dollar)

Investment size: Min: 10,000,000; Max: 50,000,000; Avg: 15,000,000

Co-investment policy:

Currency of investments:

Currency for fund / product figures:

Fund investments to date: 4

Fund investments to date exited or repaid: 0

Management fee: 1.5%

Carried interest: 8%

Hurdle rate: 8%

GIIN Investors' Council Investment: No

Limited Partners / Investors: n.a.

Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors

Contact

E-mail: n.a.

Website: http://www.alliantcompany.com

Phone number: 8184495823.00

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Impact Performance

n.a.

Impact thesis

The Fund seeks to acquire, preserve and rehabilitate affordable multifamily rental projects at-risk of conversion to market rate properties upon expiration of their public subsidies.

Impact Management

n.a.

Financial benchmark

Term Description:

Keywords