Pathway Makes Three Senior Promotions

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 Promotes Kevin Bland to Director

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 Secures $200 million from German Pension for Customized PE Fund of Funds

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.

Pathway Closes on $289 Million for PPEF I-11

Pathway is pleased to announce that it has held a final close on $289 million for Pathway Private Equity Fund Investors 11, LP (“PPEF I-11”), its 11th multi-investor, core-diversified private equity fund of funds. Investors include a mix of government and corporate pension plans, insurance companies, endowments, foundations, and high-net-worth individuals. PPEF I-11 will continue its predecessors’ strategy of making primary fund investments in private equity managers, as well as investments in secondary and co-investment opportunities.

PPEF I-11 will leverage Pathway’s more than 30-year history of private market investing, which includes over$85 billion committed to a variety of private market opportunities.

Pathway Hires Bruce Emken as Senior Vice President–Head of Wealth Services

Pathway is pleased to announce that Bruce Emken has joined as Senior Vice President–Head of Wealth Services in our Irvine, Calif., office.

Mr. Emken brings extensive wealth service experience that dates back more than 25 years. Prior to joining Pathway, Mr. Emken worked at Goldman Sachs Asset Management and at Blackrock in various roles, working with RIA firms to provide investment solutions and to address business issues related to growth, scale, and talent. Mr. Emken is a CFA charterholder, a CAIA charterholder, and a CIMA professional. He has been an active board member of both the CFA Society of Orange County and the CFA Society of Austin.