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.