Global private markets investment manager Pathway Capital Management has opened an office in Munich, Germany, via an affiliate, PCM Germany GmbH as part of plans to expand its European presence.
Jérôme Simon, vice president at Pathway, will be based in the new Munich office, which will act as “a central hub” for supporting institutional clients and delivering private market solutions across the region, Pathway said.
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Pathway cited “continued interest” from investors in Germany and continental Europe as it announced the office opening, which is part of its commitment to strengthening its “client-facing presence” in the region.
The investment manager, which has more than $96bn in assets under management, operates from offices in the US, Europe and Asia.
Founded in 1991, the firm creates and manages single- and multi-investor programs for institutional investors, investing across private equity, private credit, and infrastructure through primary, secondary and direct investments.
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Pathway recently promoted Bryan Nelson and Stefan Goettl to directors and announced they had become owners, bringing the total number of owners in the firm to 23.
Managing directors Valerie Ruddick and Matt Lugar were both named as co-heads of Pathway’s primary investing practice.
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