Pathway Capital Management, LP is a large advisory firm based in Irvine. It manages $55.1 billion of regulatory assets for 85 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Louisiana, and Rhode Island.
Pathway Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Pathway Capital Management, LP is $55.1 billion. The firm's AUM has grown by 124% since the beginning of its operation, and $1.53 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Pathway Capital Management, LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, pooled investment vehicles, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Pathway Capital Management is state or municipal government entities with 6 clients and $31.63 billion of assets under management. Among the 6 most similar advisory firms, Pathway Capital Management has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $55.1 billion for 85 clients. 16% of the firm’s clients are foreign persons or businesses.
Pathway Capital Management also advises several private funds. Namely, sixty five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,450,000,000.
The company employs 162 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Pathway Capital Management, LP performs its advisory services is located at 18575 Jamboree Road, Irvine, CA 92612, which is also the mailing address of the firm. An additional office of the firm is in Providence, RI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 949-622-1000 or by fax 949-622-1010. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at pathwaycapital.com.