Asset Management

Our History

Depth of experience and a history of innovation across asset classes makes TIAA-CREF one of the world’s most highly regarded asset managers. Take a look at some of our major milestones over the last 95 years.


1918

  • TIAA established as a stock life insurance company operating on a non-profit basis
  • First fixed income investment
  • TIAA Traditional launched

1920

TIAA makes it first annuity income payment: $10

1934

First mortgage investment

1947

First real estate investment

1952

CREF established; offers nation’s first variable annuity - CREF Stock Account

1970

TIAA-CREF introduces social responsibility as factor for consideration of portfolio companies as investments

1972

First international investment

1988

Additional variable annuities begin to be launched and offered to participants

1990

First TIAA-CREF socially responsible investment fund introduced – CREF Social Choice Account

1991

TIAA-CREF total assets under management top the $100 billion milestone

1995

Launch of TIAA Real Estate Account; offers individuals a vehicle for direct investment in commercial real estate

1996

First investment in alternatives

1997

  • TIAA-CREF launches the retail mutual fund family
  • First emerging markets investment
  • TIAA-CREF total assets under management top the $200 billion milestone

1998

First investment in timber

2007

First investment in agriculture

2008

TIAA-CREF opens London office

2011

TIAA-CREF opens Luxembourg office

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