Pathway is pleased to announce that in late December it held a final close for Pathway Secondaries Fund, LP (“PSF”), on $100 million from a single institutional investor. PSF will focus on identifying and investing in secondary interests of funds managed by high-quality private market managers across a range of strategies, regions, and vintage years. The fund represents an extension of Pathway’s successful 13-year track record of purchasing secondary interests in buyout, special situation, debt-related, and venture capital funds around the globe. The fundraising capped an active 2016 for Pathway, during which the firm committed $3.9 billion to private market primaries and secondaries and $350 million to 12 co-investments.
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Pathway Closes on $100 Million for Secondary Fund