Pathway Capital Management raises $190m

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Pathway Capital Management has raised $190 million for its Pathway Private Equity Fund Investors 9, according to a SEC filing. The Irvine-headquartered firm began fundraising in 2016 with a $300 million target.

Its previous fund raised $400 million in 2016.

Investors that committed to Pathway Private Equity Fund Investors 9 include the Marin County Employees' Retirement Association (MCERA).

The fund will target private equity fund opportunities in a diverse number of sectors globally.