Pathway Capital Management is pleased to announce that it has formed a $250 million customized co-investment fund in partnership with Oregon Public Employees’ Retirement Fund (OPERF), which is managed by the Oregon State Treasury. The new fund will make systematic investments alongside OPERF’s current portfolio of private equity managers.
The new venture expands on the more than 15-year relationship between OPERF and Pathway and also represents an extension of each entity’s decades-long record of investing in the private markets.
OPERF has committed more than $45 billion to private equity since it began investing in the asset class in 1981, and Pathway has committed more than $80 billion across a wide variety of private market strategies—including more than $1.8 billion in co-investments—since its inception in 1991.