The Teachers’ Retirement System of Kentucky (TRS) has committed $101.5 million to TA Realty’s inaugural TA Digital Real Estate fund, according to a spokesperson from the pension fund.
TA Digital Real Estate I is a closed-end data center real estate fund, with a focus on the United States. A fundraising goal has not been disclosed.
Kentucky TRS is a public pension fund with $26.9 billion in total assets under management, as of Sept. 9, 2024. As of then, it had a 7 percent real estate allocation target with $1.9 billion in total real estate assets.
