Please join us as we examine the impact of a slowing market on the private equity industry: how GPs and LPs are still finding creative ways to both put capital to work and generate liquidity, as well as a forward look on when distribution activity may pick up again.
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.
Martin Wing Appointed to Co-Head of CAIA Southwest
We are delighted to announce that Martin Wing, Senior Vice President of Consultant Relations, has been appointed as the Chapter Co-Head of CAIA Southwest! Martin has been an active member of the chapter, previously serving on the Executive Committee. The CAIA Southwest chapter offers unique educational opportunities to the local investment community, including its annual ALTSLA gathering and the Summer at the Parks networking series.
Pathway is a proud supporter of the CAIA Association’s mission to improve investment and societal outcomes of capital allocation through professional education, transparency, and thought leadership across the alternatives industry.
Pathway Hires Jérôme Simon as an Associate in our European Division
We’re delighted to welcome Jérôme Simon to the Pathway team as our newest Associate in our European division!
Jérôme joins us with a wealth of experience in business development within the investment management sector. Prior to joining Pathway, he played a pivotal role in servicing Swiss institutional clients at Partners Group in Zug, Switzerland. Before that, he had experience as a structuring professional at GenTwo Financial Products in Zurich.
His experience cultivating strong relationships with top investors in the alternatives space, and his dedication to delivering tailored solutions perfectly align with our mission here at Pathway.
Jérôme holds a master’s degree in finance from IE Business School, Madrid, and we’re confident that his expertise will greatly contribute to our ongoing success in the EMEA region.
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 Stefanie Hochman to Chief Compliance Officer
Pathway is pleased to announce that Stefanie Hochman has been promoted to Chief Compliance Officer, assuming leadership of the six-person compliance team. Ms. Hochman joined Pathway in 2005 and worked in fund accounting for three years before joining the compliance team.
Pathway Makes Senior-Level Promotions
We are pleased to announce that Pathway has expanded the Management Committee to include Alex Casbolt, Vincent Dee, Derrek Ransford, Valerie Ruddick, and Wayne Smith. We have also expanded our direct equity investment committee to include Jason Jenkins, Bryan Nelson, and John Ruggieri and our direct credit investment committee to include Kevin Bland. Additionally, the chairs for our four investment committees are now as follows:
Primaries: Valerie Ruddick and Matt Lugar
Secondaries: Pete Veravanich
Direct Equities: Derrek Ransford and Canyon Lew
Direct Credits: Vincent Dee and Wayne Smith
These experienced investment professionals have demonstrated exceptional commitment, making valuable contributions to the firm during their long tenure at Pathway.
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 $185 Million Customized Fund of Funds for Asia-Based Investor
Pathway is pleased to announce that it has closed on a $185 million customized fund of funds for an Asia-based institutional investor. The fund will seek to build a diversified portfolio of primary fund investments and co-investments in both the small and middle markets globally.
The fund represents a continuation of 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.