Author: Aoife Ryan

Pathway is pleased to announce that it has closed on a $155 million customized fund of funds for an Asia-based institutional investor. This fund will focus on building a diversified portfolio, emphasizing primary fund investments and co-investments in both the small and middle markets globally.

The fund signifies a continuation of Pathway’s more than 30-year history of investing in the private markets, which includes more than $120 billion in commitments in over 105 customized portfolios for investors around the globe.

Pathway is pleased to announce that John Ruggieri, Mikael Sand, and Nick Siemsen have been promoted to Managing Director. As senior members of Pathway’s investment team, all three play an integral role in the firm’s investment and client-servicing activities. Mr. Ruggieri, based in the Rhode Island office, is a member of the firm’s direct equity team; Mr. Sand, based in the London office, is a member of the firm’s private credit team; and Mr. Siemsen, based in the California office, spends a majority of his time evaluating primary fund investments.

Pathway is pleased to announce that Kevin Bland has been promoted to director and has been admitted as an owner of the firm, bringing the number of owners of Pathway to 22. Kevin’s promotion represents our continued efforts to expand ownership of the firm to dedicated, experienced, and talented professionals.

Kevin has worked at Pathway for 11 years. He is based in the firm’s Irvine office and is a senior member of Pathway’s private credit team. Kevin plays a leading role in the due diligence and underwriting of direct credit opportunities, works closely with multiple investors and clients, and helps manage analyst recruitment and development for Pathway.

Pathway is pleased to announce that it has been appointed to manage a $200 million customized private equity fund of funds for a German pension plan. The fund will seek to build a portfolio of primary fund investments in a variety of investment strategies, targeting investments primarily in North America and Europe. The fund will leverage Pathway’s more than 30-year history of investing in the private markets, which includes more than $105 billion in commitments in over 100 customized portfolios for investors around the globe.