Pathlight Capital Raises $1.9 Billion Boosting Assets Under Management Beyond $3.4 Billion

Boston-based Pathlight Capital has secured $1.9 billion in combined commitments for its fourth fund and the second tranche of its evergreen vehicle. This fundraising effort increases the firm's assets under management to over $3.4 billion. The investor base for these funds comprises institutional investors such as insurance companies, endowments, foundations, and pension funds, with all previous investors returning for the new fund cycle.