Is the $100M Value-Add Fund an Evergreen Fund?
价值 1 亿美元的增值基金是常青基金吗？
No, the fund is not an evergreen fund. This means there will not be a perpetual contribution schedule. The fund allows 24 months of capital raising with an expected hold time on each asset of 5-7 years. The fund does have the ability to go longer based on market conditions to ensure that Smartland does not sell in a down market.
不，该基金不是长青基金。 这意味着不会有永久的贡献时间表。 该基金允许 24 个月的融资，预计每项资产的持有时间为 5-7 年。 该基金确实有能力根据市场情况延长期限，以确保 Smartland 不会在低迷市场中出售。