DALLAS, (Nov. 01, 2018) – Transwestern Investment Group (TIG®) today announces that Texas Municipal Retirement System (TMRS) has approved the formation of a strategic relationship with TIG involving a $250 million commitment to multiple real estate investments managed by TIG. The investments will include discretionary vehicles and separately managed accounts investing in core, core-plus and value-add strategies in major markets across the U.S. targeting industrial, multifamily, office, retail and healthcare.
“We could not be more pleased to be partnering with TMRS, which is one of the most prominent and innovative thought leaders in the investment community,” said Charles Hazen, president of TIG. “TMRS had a clear vision for the strategy, and we worked together to tailor a program with enhanced visibility, control and cost efficiency to invest across multiple real estate investment risk/return profiles through TIG’s national operator platform.”
The mandate is the latest new assignment for TIG, which manages real estate investments for U.S. and international institutions, including the State of Michigan Retirement System and State Farm Life Insurance Co.
TMRS is a statewide retirement system that provides retirement, disability and death benefits for employees of participating Texas cities.
About Transwestern Investment Group
Transwestern Investment Group (TIG®) is an investment adviser serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Our client-focused, relationship-driven approach ensures our priorities are our clients’ investment objectives. With $4.3 billion of assets under management, trust, integrity and transparency are the cornerstones of our business. TIG provides tactical investment management with an integrated operating platform through the Transwestern family of companies, which includes a diversified real estate services firm with 35 U.S. offices and a development company. For more information, visit transwesterninvest.com.