Pathway Capital Management, LP, is one of the most experienced and largest providers of private market portfolio solutions in the world, with an average of more than 20 years of private market experience among its investment partners and more than $48 billion of assets under management, which includes more than $20 billion in commitments from its more than 45 funds of funds. Formed in 1991, Pathway creates and manages single- and multi-investor private market programs for institutional investors worldwide. Since the inception of the firm, Pathway’s investment professionals have participated in the development of more than 85 private market portfolios, committing more than $75 billion to more than 570 private market investments across a wide variety of private market strategies through various market cycles. Pathway manages capital on behalf of some of the largest corporate and public pension plans, government entities, and financial institutions around the globe.
Independent and Solely Focused on the Private Markets
Pathway is independent, 100% partner owned by its 18 most senior professionals, and focused solely on investing with what it believes to be high-quality private market managers, in primary, secondary, and co-investment opportunities, on behalf of its investors. Having the private markets as its only line of business allows Pathway to be devoted to the development of high-quality private market portfolios and to the delivery of exceptional returns and service to its investors.
Deep and Stable Team
Pathway has more than 135 individuals, including more than 45 investment professionals, and importantly, is one of the most stable private market firms in the industry. This depth and stability results in exceptional service for its investors.
Long-Term Relationships with Leading Private Market Managers
Pathway’s senior investment professionals have established long-term relationships with leading private market managers and a reputation in the industry that Pathway believes provide continued access to high-quality investments. As a result, the firm has consistently created successful private market programs for investors and has remained a leader among private market fund managers.
Pathway operates from offices in California, Rhode Island, London, and Hong Kong, and has a strategic alliance with Tokio Marine Asset Management Co. Ltd. (TMAM), an asset management firm based in Tokyo. TMAM is a subsidiary of Tokio Marine and Nichido Fire Insurance Co, Ltd., one of the oldest and largest property and casualty insurers in Japan.
Pathway is registered as an investment adviser with the SEC in the United States and as a portfolio manager and exempt market dealer in the Canadian jurisdictions of Ontario, Quebec, and Saskatchewan. Pathway’s wholly owned UK subsidiary is regulated in the UK by the Financial Conduct Authority. Pathway’s wholly owned Hong Kong subsidiary is regulated in Hong Kong by the Securities and Futures Commission.