PATHWAY CAPITAL MANAGEMENT, LP
PATHWAY CAPITAL MANAGEMENT, LP is a Series C+, buyout, secondary, debt and other fund in global investing in Developer Tools, private-equity, private-credit, venture-capital, buyouts, subordinated-debt, distressed-debt, special-situations, direct-lending, mezzanine and specialty-lending.
- Stages
- Series C+, buyout, secondary, debt, other
- Sectors
- Developer Tools, private-equity, private-credit, venture-capital, buyouts, subordinated-debt, distressed-debt, special-situations, direct-lending, mezzanine, specialty-lending
- Invests in
- global
- Actively investing
- Yes
- Founded
- 1991
- Assets under management
- $97.8B
Check size not disclosed
Thesis
Pathway Capital Management, founded in 1991 and headquartered in Irvine, California, is a private markets firm managing portfolios for institutional and high-net-worth investors globally. They employ an opportunistic approach, prioritizing manager quality and constructing high-conviction portfolios with adequate diversification. Pathway's services include advising on primary and secondary fund investments, direct equity, and direct credit. Their investment strategies span venture capital, buyouts, subordinated debt, private credit, distressed debt, special situations, and infrastructure, with a focus on direct lending, mezzanine, distressed debt, and specialty lending. The firm has a global geographic scope, with portfolios exposed to over 75 countries, and offices in California, Rhode Island, London, Munich, Hong Kong, and a presence in Tokyo. As of December 31, 2025, their AUM was $97.8 billion. In November 2025, Clearlake Capital agreed to acquire Pathway for approximately $1 billion, creating a combined platform exceeding $185 billion in AUM.
Common questions
Does PATHWAY CAPITAL MANAGEMENT, LP invest at the Series C+ stage?
Yes. PATHWAY CAPITAL MANAGEMENT, LP lists Series C+, buyout, secondary, debt and other among the stages it invests in.
Where does PATHWAY CAPITAL MANAGEMENT, LP invest?
PATHWAY CAPITAL MANAGEMENT, LP invests in global.