Transwestern Investment Group to form $250m strategic relationship with Texas Municipal Retirement System

Transwestern Investment Group (TIG) has announced that Texas Municipal Retirement System (TMRS) has approved the formation of a strategic relationship with TIG involving a $250 million commitment to multiple real estate investments managed by TIG.

The investments will include discretionary vehicles and separately managed accounts investing in core, core-plus and value-add strategies in major markets across the United States targeting industrial, multifamily, office, retail and healthcare.

“TMRS had a clear vision for the strategy, and we worked together to tailor a program with enhanced visibility, control and cost efficiency to invest across multiple real estate investment risk/return profiles through TIG’s national operator platform,” said Charles Hazen, president of TIG.

The mandate is the latest new assignment for TIG, which manages real estate investments for U.S. and international institutions, including the State of Michigan Retirement System and St