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CalSTRS commits $175m to TriGate

by Zoë Wolff

The $180.4 billion California State Teachers’ Retirement System has committed $175 million to TriGate Capital, according to a recently released fourth quarter 2015 transaction report. The pension fund committed $75 million to TriGate Property Partners III with an additional $200 million for co-investment. TriGate Property Partners III will invest in office, industrial and retail properties in non-gateway U.S. markets. The opportunistic fund launched in August 2015 and is seeking to raise $350 million. The San Francisco Employees’ Retirement System recently invested in the fund. CalSTRS previously

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