Clearlake Capital Group, a global investment firm managing integrated platforms spanning private equity, liquid and private credit, and other related strategies, completed its acquisition of Pathway Capital Management, a global provider of private market solutions for institutional and wealth markets. The strategic acquisition significantly expands Clearlake’s private markets platform, adding complementary capabilities and reinforcing its position as a leading diversified alternative asset manager.
The combination will bolster Clearlake’s private credit origination capabilities, broaden distribution across institutional and private wealth channels, and enhance the firm’s ability to meet growing demand for bespoke private markets strategies. The combined platform represents over $185 billion in assets under management with more than 500 global employees. Pathway will continue to operate under its existing brand as part of Clearlake’s broader private markets platform and Pathway’s team will continue to be led by James Chambliss, Richard Mazer and Alex Casbolt.
“This combination marks an important milestone in Clearlake’s continued development as a leading global alternatives platform,” José E. Feliciano and Behdad Eghbali, co-founders and managing partners at Clearlake, said. “By bringing together complementary capabilities, deep private markets expertise, and shared cultural values, we are enhancing our ability to serve investors worldwide with broader, more tailored solutions across an increasingly dynamic market landscape. We are thrilled to welcome the Pathway team to Clearlake.”
Chambliss, Mazer and Casbolt collectively said, “We are excited to begin this next chapter with Clearlake. 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.”
