Transwestern Investment Group (TIG) today announces it has formed a strategic investment partnership with State of Michigan Retirement Systems (SMRS), collectively, the pension plans for the state of Michigan, public school and other public service employees.
The partnership will target investments in existing, highly functional, leased industrial properties in key U.S. markets and development projects in select, proven distribution submarkets. The mandate is the latest new assignment for TIG, which manages real estate investments for U.S. and international institutions.
“We are delighted to partner with SMRS and look forward to a relationship benefitting from both teams’ deep experience in industrial investments, risk management and portfolio origination,” said Laurie Dotter, president of TIG. “With an understanding of what SMRS wanted to accomplish in terms of capital deployment, return objectives and liquidity, we worked with them to create a specific program designed to meet their goals.”
Transwestern Investment Group, a registered investment advisor, is a multi-strategy real estate investment manager for U.S. and international clients in separate account, joint venture and fund formats. TIG has acquired and currently manages stable return office, industrial and retail assets under a multi-year separate account mandate with a major U.S. institutional investor. TIG has also deployed more than $600 million in equity for an institutional client in joint ventures with several multifamily developers in key U.S. urban, in-fill markets. The investment team acquires and manages core-plus properties delivering attractive yields on behalf of Latin American investors through a partnership with a highly regarded, U.S.-South American based partner. Additionally, TIG is actively investing on behalf of the initial investors in the TSP Value and Income Fund, which delivers value-add returns to investors at lower risk, with a significant portion of the return distributed from current income.
ABOUT TRANSWESTERN INVESTMENT GROUP
Transwestern Investment Group is an investment advisor serving a broad range of investors through a diversified array of discretionary and non-discretionary investment vehicles. Our client-focused, relationship driven approach ensures our priorities are our clients' investment objectives. Trust, integrity and transparency are the cornerstones of our business. Transwestern Investment Group provides tactical investment management with an integrated operating platform through the Transwestern family of companies, which includes a diversified real estate services firm with 34 U.S. offices and a development company. For more information, please visit transwesterninvest.com.