Teachers’ Retirement System of the State of Kentucky is investing $100m (€93m) in US data centre assets via TA Digital’s debut fund.
The pension fund disclosed in a board meeting document that it has allocated $85m from the Retirement Annuity Trust of Kentucky and $15m from the Health Insurance Trust to TA Digital Real Estate I.
TA Digital, TA Realty’s recent data centre development data and operations arm, declined a request for comment.
The manager will focus on developing both data centre campuses and edge deployments. The fund’s investment strategy targets key North American markets, with potential locations including Northern Virginia, Atlanta and Chicago.
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