Transwestern Investment Group Raises $200M for Value-Add Fund

Dallas-based Transwestern Investment Group (TIG) raised $200 million for its TSP Value and Income Fund II. The commercial real estate fund seeks value-add assets that offer income flow as well as value creation. The fund’s primary focus is industrial, multifamily and healthcare and, at its final closing, 40% of the equity was already being committed to seed assets.

Fund II follows on the heels of the fully monetized TSP Value and Income Fund I, which was fully monetized in March.

“We are extremely pleased with our fundraising results, particularly the return of all our Fund I investors, as well as the addition of prominent new institutional investors,” said TIG’s Jennifer White. “The resounding success of TSP Value and Income Fund I was a key factor in generating investor interest.”

Pictured: 1430 S. Third St., St. Louis, MO. The facility is one of the Fund II’s seed assets.

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