Exhibit 21.1
SUBSIDIARIES OF PAGAYA TECHNOLOGIES LTD.
Name of Subsidiary | Jurisdiction of Organization | |
| Pagaya Auto Loans Manager Ltd. | Cayman Islands | |
| Pagaya Auto Loans Manager, LP | Cayman Islands | |
| Pagaya Auto Loans Fund, LP | Cayman Islands | |
| Pagaya Auto Loans Sub Ltd. | Cayman Islands | |
| Pagaya Auto Loan Trust | U.S. (Delaware) | |
| Pagaya Auto Loan Trust II | U.S. (Delaware) | |
| Pagaya Structured Holdings II LLC | Cayman Islands | |
| Pagaya Structured Holdings III LLC | Cayman Islands | |
| Pagaya US Holding Company LLC | U.S. (Delaware) | |
| Pagaya Investments US LLC | U.S. (Delaware) | |
| Pagaya RE Management GP LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 1 LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 2 LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 3 LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 IL Feeder 2 Ltd. | Israel | |
| Pagaya Smartresi F1 Feeder 3 Holdings LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 3 RH LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 2 Holdings LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Feeder 2 BL LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 REIT Holdings, LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 REIT LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund, LP | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Equity Owner II LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Property Owner II LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Equity Owner LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Property Owner LLC | U.S. (Delaware) | |
| PATH 2021-1 REIT LLC | U.S. (Delaware) | |
| Pagaya SFR Depositor LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Equity Owner III LLC | U.S. (Delaware) | |
| Pagaya Smartresi F1 Fund Property Owner III LLC | U.S. (Delaware) | |
| Pagaya Structured Holdings III LLC | Cayman Islands | |
| Pagaya Opportunity Manager Ltd. | Cayman Islands | |
| Pagaya Opportunity Offshore Feeder Fund I, LP | Cayman Islands | |
| Pagaya Opportunity Master Fund Ltd. | Cayman Islands | |
| Pagaya Funding Trust | U.S. (Delaware) | |
| Pagaya Funding Trust II | U.S. (Delaware) |
Name of Subsidiary | Jurisdiction of Organization | |
| Pagaya Funding Trust III | U.S. (Delaware) | |
| Pagaya Structured Holdings LLC | Cayman Islands | |
| Pagaya Credit Opportunity Ltd | Cayman Islands | |
| Pagaya Opportunity Onshore Feeder Fund 1, LP | U.S. (Delaware) | |
| Pagaya Credit Opportunity LLC | U.S. (Delaware) | |
| Pagaya Credit Opportunity Trust | U.S. (Delaware) | |
| Pagaya Securities Holdings LLC | U.S. (Delaware) | |
| Pagaya Securities Holdings Trust | U.S. (Delaware) | |
| PREF 2019 LLC | U.S. (Delaware) | |
| Pagaya Technologies US LLC | U.S. (Delaware) | |
| Pagaya Motor Receivables Trust | U.S. (Delaware) | |
| Pagaya Acquisition Trust | U.S. (Delaware) | |
| Pagaya Acquisition Trust II | U.S. (Delaware) | |
| Pagaya Acquisition Trust III | U.S. (Delaware) | |
| Asset Acquisition Capital LLC | U.S. (Delaware) | |
| Citrus Tree Finance LLC | U.S. (Delaware) | |
| Pagaya US Holdings LLC | U.S. (Delaware) | |
| PAPA Owner LLC | U.S. (Delaware) | |
| Park Avenue Property Advisors LLC | U.S. (Delaware) | |
| TISCo 1, LLC | U.S. (Delaware) | |
| TISCO 2, LLC | U.S. (Delaware) | |
| Tangent Insurance Services LLC | U.S. (Delaware) | |
| Tangent Captive Insurance IC | U.S. (Delaware) | |
| PLG 1 LLC | U.S. (Delaware) | |
| PLGA LP | U.S. (Delaware) | |
| PLG 2 LLC | U.S. (Delaware) | |
| Rigel Merger Sub Inc. | Cayman Islands |
