Julie Donegan
Real Estate Investment Director, CalSTRS
Julie Donegan is the Real Estate Investment Director of the California State Teachers’ Retirement System, the largest educator-only pension fund in the world. Donegan is the first female Real Estate Investment Director in CalSTRS history. She provides real estate investment expertise to CalSTRS staff and the Teachers’ Retirement Board; executes the board’s Real Estate Investment Policy; shares expertise on Real Estate Portfolio management strategies; represents CalSTRS on advisory boards, industry governance councils, roundtables and industry-wide forums; and is a member of CalSTRS’ senior leadership team. Donegan joined CalSTRS as a Real Estate Portfolio manager in 2019, most recently focusing on residential assets while serving as interim director of Real Estate. As a portfolio manager, Donegan oversaw Fairfield, CalSTRS’ largest real estate operating partner; played a lead role in a key affordable housing investment in California; and participated on internal net zero and diversity, equity and inclusion teams. Donegan was named director of Real Estate in August 2023. She previously worked 15 years in the private sector,most recently as a senior vice president for Franklin Templeton in Sacramento. She has been consistently active in the real estate industry with notable organisations, such as the Pension Real Estate Association, Urban Land Institute and Commercial Real Estate Women. Donegan holds a bachelor’s degree in business management from the University of Phoenix’s Sacramento campus and a professional advancement certificate in Oracle database management from California State University, Sacramento.
