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PA PSERS invests $200m in PIMCO Commercial Real Estate Debt II
Investors - JUNE 14, 2023

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PA PSERS invests $200m in PIMCO Commercial Real Estate Debt II

by Andrea Zander

The $71.9 billion Pennsylvania Public School Employees' Retirement System (PSERS) has invested $200 million to PIMCO Commercial Real Estate Debt II, a private credit fund, managed by PIMCO.

The closed-end fund will invest in mortgages, CMBS and mezzanine loans across the United States.

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