Pathway Capital Management, LP
Pathway Capital Management, LP is a global private markets investment manager headquartered in Irvine, California. Founded in 1991, the firm specializes in building and managing portfolios of private market investments—including private equity and private credit—for institutional investors such as pension funds, government entities, endowments, foundations, financial institutions, and high-net-worth investors. As of 2025, Pathway has over 240 employees and is a registered investment adviser regulated by the SEC, with additional subsidiaries regulated in the UK, Canada, and Hong Kong. Pathway serves clients globally and has invested over $120 billion in private assets since inception, with most clients being long-term relationships spanning more than 15 years.
Investment Strategy
Pathway Capital Management focuses exclusively on private market investments, primarily private equity (buyout, venture, growth, credit, and secondaries). The firm constructs custom portfolios for institutional clients, emphasizing diversification across geographies, strategies, and investment vehicles, including primary fund commitments, co-investments, and secondary purchases. Pathway pursues long-term capital appreciation with rigorous manager due diligence, selective partnering, and disciplined risk management. Their strategy leverages deep industry expertise and relationships, targeting opportunities in North America, Europe, and Asia-Pacific.
Top Holdings
Equity Positions (10)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
R RBRK | RUBRIK, INC. | 63.11% | $57.6M | 643,199 | $89.59 | $89.59 | +$57.6M |
T TOST | TOAST, INC. | 11.96% | $10.9M | 246,582 | $44.29 | $44.29 | +$10.9M |
T TTAN | SERVICETITAN, INC. | 7.51% | $6.9M | 64,019 | $107.18 | $107.18 | +$6.9M |
B BRZE | BRAZE, INC. | 5.27% | $4.8M | 171,289 | $28.10 | $28.10 | +$4.8M |
C CXM | SPRINKLR, INC. | 5.06% | $4.6M | 546,223 | $8.46 | $8.46 | +$4.6M |