Pathway Closes on $200 Million Customized Fund of Funds for Asia-Based Investor

Pathway is pleased to announce that it has closed on a $200 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 $130 billion in commitments in over 110 customized portfolios for investors around the globe.

Pathway Closes on $525 Million PE Fund for Wealth Investors

Pathway is pleased to announce that it has closed on a $525 million private equity fund for wealth investors.  The fund will focus on secondaries (both LP-led and GP-led), as well as on co-investments with an emphasis on small- and middle-market investments.  The fund is the first in a series of annual funds designed to be raised and invested over successive 1-year periods.

The fund signifies a continuation of Pathway’s more than 30-year history of investing in the private markets, which includes more than $130 billion in commitments to a variety of private market investments.

Pathway Opens Munich Office, Expanding European Presence

Pathway, a leading global private markets investment manager, is pleased to announce the opening of its new office in Munich, Germany via an affiliate, PCM Germany GmbH. Following continued interest from investors in Germany and continental Europe, this strategic expansion marks a significant milestone in Pathway’s evolution and affirms its commitment to strengthening its client-facing presence across the region.

Jérôme Simon, Vice President at Pathway, will be based in the Munich office, which will serve as a central hub for supporting institutional clients and delivering private market solutions across the region.

Pathway Hires Amanda Buckstaff and John Kornack to Consultant Relations Team

Pathway hires Amanda Buckstaff, vice president of consultant relations, and John P. Kornack, Jr., vice president of consultant relations.

Amanda held institutional business development and consultant relations roles at Voya Investment Management and Champlain Advisors prior to joining Pathway. She started her career as an analyst in the commercial bank at JPMorgan Chase. Amanda holds a BBA in finance, investment, and banking from the University of Wisconsin–Madison.

John held senior institutional consultant relations roles at Insight Investment, Manulife, and State Street Global Advisors before joining Pathway. He started his career on the institutional sales desk at Ned Davis Research. John received a BS in finance from Providence College and an MBA from Babson College’s F.W. Olin Graduate School of Business.

Amanda and John will be focusing on establishing and managing relationships with consultants in the Midwest and on the East Coast, respectively, as well as assisting with the firm’s client servicing and business development efforts.

Pathway Promotes Martin Wing to Head of Consultant Relations

Pathway is pleased to announce that Senior Vice President Martin J. Wing, CAIA, has been promoted to Head of Consultant Relations.

As a senior member of Pathway’s client servicing team, Martin plays an integral role in the firm’s business development and client-servicing activities. Martin is based in our California office and will be leading our consultant relationship function, focusing on establishing, growing, and maintaining consultant relationships across North America.

Pathway Makes Two Senior Promotions

Pathway is pleased to announce that Stefan Goettl and Bryan Nelson have been promoted to Managing Director. As senior members of Pathway’s investment team, they both play an integral role in the firm’s investment and client-servicing activities. Mr. Goettl, based in the London office, is a member of the firm’s private infrastructure team, as well as its ESG Committee. Mr. Nelson, based in the California office, is a member of the firm’s direct equity team and also serves on the firm’s Direct Equity Investment Committee.

Congratulations to Stefan and Bryan!

Pathway Closes on $155 Million Customized Fund of Funds for Asia-Based Investor September 2024

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.

2Q24 Private Market Environment Report

We are pleased to share our 2Q24 Private Market Environment report! The private equity market continued to reflect much of the lingering economic uncertainty during the first half of 2024, showing an incremental increase in deal activity but remaining far from the rebound many investors had hoped to see heading into the second half of the year. 

Check out Pathway’s Market Minisode below, covering the highlights of this quarter’s Private Market Environment report, and sign up to receive this report and future editions here: https://bit.ly/3pz2U0j

Pathway Promotes Mitch Clemente to Director and Co-head of Secondaries

Pathway is pleased to announce that Mitch Clemente has been promoted to Director and Co-head of Secondaries and has been admitted as an owner of the firm. Mr. Clemente, based in Pathway’s California office, joined the firm in 2018 as an integral member of the secondaries team. As co-head of Pathway’s secondaries program, Mitch will play a leadership role overseeing the due diligence and underwriting of secondary investment opportunities, in addition to working closely with the firm’s investors and clients.