The San Francisco Employees’ Retirement System (SFERS) has committed $100 million to TA Realty Value-Add Fund XIV.
This closed-end, value-add fund focuses on acquiring industrial, office and multifamily assets, as well as grocery-anchored shopping centers in major markets across the United States. A fundraising goal has not been disclosed. The Teachers’ Retirement System of Louisiana committed $125 million to this fund earlier in 2026.
The fund’s predecessor, TA Realty Value-Add Fund XIII, closed with $1.8 billion in equity.
SFERS, a public pension fund, had $40 billion in total assets under management, as of April 30. As of June 30, it had $5.3 billion in total real estate assets with a 12 percent real estate allocation target.
