PATHWAY CLOSES ON US$400 MILLION CUSTOM FOF FOR ASIA-BASED INVESTOR

KUALA LUMPUR, May 28 (Bernama) -- Pathway, a private market portfolio solutions provider has closed on a US$400 million customised fund of funds for an Asia-based institutional investor. (US$1 = RM4.14)

In a statement, the company said the fund would 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 successful 30-year history of investing in private markets, which totals more than US$95 billion in commitments.

To date, Pathway has developed more than 95 customised solutions for clients across private equity, private credit, and infrastructure mandates.

Formed in 1991, Pathway creates and manages single and multi-investor programmes for institutional investors worldwide, investing in various private market strategies via primaries, secondaries, co-investments, and direct credit investments.

-- BERNAMA