Pathway Capital Management was acquired yesterday by Clearlake Capital Group.
The Irvine-based private market solutions provider aims to bolster Clearlake’s credit origination capabilities and broaden distribution. Headquartered in Santa Monica, Clearlake is a global investment firm and intends to keep Pathway operating as an existing brand within its private markets platform. Pathway executives will continue to lead the company.
“We are excited to begin this next chapter with Clearlake,” Pathway leaders James Chambliss, Richard Mazer and Alex Casbolt said in a joint statement. “Clearlake’s scale and shared commitment to client servicing will further strengthen our ability to deliver differentiated private markets solutions to investors globally, while continuing to operate under the Pathway brand our clients know and trust.”
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