Virginia Ret irement System, Richmond, with $31.3 billion in assets, today hired Koll Bren Fund V to run $50 million in a commingled real estate pool and TA Associates to run $50 million in a real estate separate account, said spokesman Bill Su llivan.
The system also will invest $50 million in a private equity fund offered bv NatWest Equity Partners and agreed to give an additional $50 million to the First Reserve Fund VIII, also a private equity fund. Money for the new investments came from cash flow.
