The Massachusetts Water Resources Authority Retirement System has committed a total of $35 million in equity to two real estate funds, according to board meeting documents.
The retirement system committed $15 million to TA Realty Core Property Fund, managed by TA Associates Realty.
The second committed was an additional $10 million to Morgan Stanley’s Prime Property Fund for a total allocation of $20 million.
Both are core, open-end real estate funds.