The $1 billion Hartford (Conn.) City Municipal Employees' Retirement Fund invested as much as $8 million to TA Realty Value-Add Fund XIII, IREI has learned.
TA Realty Value-Add Fund XIII is the latest in TA Realty’s flagship series of value-add funds focused on acquiring industrial, office and multifamily assets, as well as grocery-anchored shopping centers in major U.S. markets.
The previous fund in the series, TA Realty Associates Fund XII, closed with $1.2 billion of total equity commitments in March 2020.
The pension fund could not be reached to comment on the investment at the time of publication.
