Teachers Insurance and Annuity Association of America - College Retirement Equities Fund is a privately owned investment manager. The firm also provides retirement plans, including IRAs, education savings plans, and annuities for its clients. It provides its services to individuals in the academic, medical, cultural, and research fields, including employee, retiree, or trustee of nonprofit colleges and universities, public and private elementary and secondary schools, teaching hospitals, museums, libraries, certain other nonprofit institutions, and government entities. The firm launches equity, balanced, and fixed income mutual funds. It invests in the public equity markets and fixed income markets across the globe. The firm also invests in the direct real estate markets and real estate securities markets. It invests in the growth and value stocks of large-cap, mid-cap, and small-cap companies. The firm employs a fundamental analysis to create its portfolios. Teachers Insurance and Annuity Association of America - College Retirement Equities Fund was founded in 1918 and is based in New York City with additional offices in Cambridge, Massachusetts, Chicago, Illinois, Denver, Colorado, Houston, San Francisco, St. Louis, Missouri, California, Texas, and Charlotte, North Carolina.