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Friday, September 18, 2026The Morning Brief →Sign in
asset manager

PAG Real Estate

In PWD coverage since September 18, 2026 · 1 story
1Deals on our tracker
Deal recordFull tracker →
Sep 17, 26Fund launchCalSTRScoverage
PWD coverage
allocators

CalSTRS's $5bn half is a bet on the debt layer

Three of the six itemized commitments buy debt rather than property, and the PAG mandate puts corporate balance sheets alongside buildings as collateral.
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