Texas Municipal Retirement System Commits $200 Million to Form New Strategic Relationship with Ascentris
October 1, 2021 – Texas Municipal Retirement System (“TMRS”) disclosed that it has made a $200 million commitment to Denver-based real estate private equity firm, Ascentris. The commitment was made to a newly formed partnership targeting the value-add property markets across the United States.
About Ascentris
Ascentris is a real estate private equity firm based in Denver, Colorado. With over $2.1 billion in assets under management, Ascentris manages a series of discretionary institutional vehicles targeting both transitional and generational value-add investments across the major property types and geographic regions within the United States. Since 2003, Ascentris’ management team has relied on an investment philosophy and organizational structure that results in its investors getting to opportunities ahead of the market while receiving an unmatched level of service, transparency and accountability. Ascentris is a privately held and management-owned SEC registered investment adviser that maintains an unwavering commitment to put its investors’ needs first