Indiana Public Retirement System slates $100m for Asana Partners, TA Realty funds

The Indiana Public Retirement System (INPRS) has committed $50 million each to the Asana Partners Fund III and TA Realty Core Property Fund.

In March, Asana Partners Fund III, a value-added vehicle managed by Asana Partners, closed with $1.5 billion of equity commitments, reaching its hard cap. The fund is focused on acquiring and repositioning mixed-use assets in high-quality urban and near-urban neighborhoods in the United States.

TA Realty Core Property Fund, an open-end core real estate fund managed by TA Realty, opened to investors in 2018. TA Realty’s core open-end strategy aims to construct and operate a diversified portfolio of institutional-quality, core real estate holdings in major U.S. metropolitan areas, with an emphasis on steady income generation.

INPRS has previously committed $50 million to Asana Partners in 2019 and $60 million to TA Realty Associates; as well