PATHLIGHT CAPITAL other names

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}
{{ Info.Homepage }}

Adviser Profile

As of Date:

03/27/2024

Adviser Type:

- Large advisory firm

Number of Employees:

25 4.17%

of those in investment advisory functions:

20 25.00%

Registration:

SEC, Approved, 12/14/2017

AUM:

2,793,424,174 2.62%

of that, discretionary:

2,793,424,174 2.62%

Private Fund GAV:

2,210,154,298 13.62%

Avg Account Size:

253,947,652 11.94%

SMA’s:

YES

Private Funds:

7

Contact Info

617 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
3B 2B 2B 2B 1B 778M 389M
2017 2018 2019 2020 2021 2022 2023

Recent News

Pathlight Capital appoints MD, Investor Relations
11/21/2023

Pathlight Capital, a $2.7bn private credit firm that provides asset-based loans secured on a first or second lien basis against tangible and intangible assets, has appointed Laura Hegarty as Managing Director, Investor Relations.

Hedge Week

Pathlight Capital Fund I LP
04/05/2021

When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures.

Bloomberg

Pathlight Capital Agents $17.5 Million Senior Secured FILO Term Facility For Destination XL Group, Inc.
03/30/2021

BOSTON, March 22, 2021 /PRNewswire/ -- Pathlight Capital announced it is serving as the FILO Agent on the recently funded $17.5 million first-in, last-out ("FILO") term loan facility for Destination XL Group, Inc. ("DXL" or the "Company"), the largest omni ...

Yahoo Finance

Destination XL Group Inc
03/26/2021

There is no recent news for this security. There is no recent news for this security. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...

CNBC

Pathlight Capital Agents $17.5 Million Senior Secured FILO Term Facility For Destination XL Group, Inc.
03/22/2021

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net BOSTON, March 22, 2021 /PRNewswire/ -- Pathlight Capital announced it is serving as the FILO Agent on the recently funded ...

markets.businessinsider.com

Pathlight Capital Agents $17.5 Million Senior Secured FILO Term Facility For Destination XL Group, Inc.
03/22/2021

BOSTON, March 22, 2021 /PRNewswire/ -- Pathlight Capital announced it is serving as the FILO Agent on the recently funded $17.5 million first-in, last-out ("FILO") term loan facility for ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 7 $2,210,154,298

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
CCMP CAPITAL - - 2.0b - - - - 2.0b 2.0b 4
FALFURRIAS MANAGEMENT PARTNERS LP - - 3.2b - - - - 3.2b 3.2b 5
HARBOR GROUP INTERNATIONAL, LLC - - 2.0b - - - - 2.0b 3.8b 101
RESOURCE CAPITAL FUNDS - - 2.2b - - - - 2.2b 2.3b 10
STELAC ADVISORY SERVICES LLC - - 5.3m - - - 26.1m 31.4m 3.9b 2
TCG CAPITAL MANAGEMENT - - 2.4b - - - - 2.4b 2.3b 13
G SQUARED EQUITY MANAGEMENT LP - - 3.1b - - - - 3.1b 3.1b 12
AMPERSAND CAPITAL PARTNERS - - 2.8b - - - - 2.8b 2.8b 5
STELLUS CAPITAL MANAGEMENT, LLC - - 1.4b - - - - 1.4b 2.7b 10
ABACUS WEALTH PARTNERS - - 16.9m - - - - 16.9m 3.1b 2

Private Funds



Employees




Brochure Summary

Overview

The Adviser is an investment advisory firm located in Boston, Massachusetts that commenced business in 2017. The Adviser specializes in advising on the collection of interest payments and other fees related to asset-based lending or “ABL” across a variety of industries in order to generate strong risk adjusted returns. The Adviser is principally owned and controlled by Daniel Platt. Mr. Platt is also the sole owner of the Adviser’s general partner, Pathlight GP LLC. The Adviser provides investment advisory services to affiliated pooled investment vehicles (each a “Fund” and, collectively, the “Funds”) into which certain qualified investors will make investments, as well as separate accounts for unaffiliated pooled investment vehicles (each a “Separate Account Client,” and, together with the Funds, the “Clients”). The general partner or equivalent of each Fund will be an affiliate of the Adviser (the “General Partner”). The governing documents of each Client also provide for the establishment of parallel, co-investment or other alternative investment vehicles in certain circumstances. Client investors may participate in such vehicles for the purposes of certain investments, and if formed, such vehicles would also become Clients of the Adviser. In this brochure, because it is uncertain whether such additional parallel, co-investment or alternative investment vehicles will be classified as clients of the Adviser, when we refer to a Fund or Client, we are also referring to such additional parallel, co-investment
or alternative investment vehicles, if any. The investment advisory services provided by the Adviser to each of its Clients primarily focus on investments related to the collection of interest payments and other fees related to ABL across a variety of industries in order to generate strong risk adjusted returns. The Adviser, on behalf of its Clients, intends to achieve this objective by investing primarily in first and second lien secured asset-based loans (each, a “Portfolio Investment” and collectively, the “Portfolio Investments”) to middle market companies headquartered in North America. Each Client’s portfolio is managed pursuant to an investment management agreement with the Client, a limited partnership agreement or similar governing document, any investment guidelines attached thereto, the Client’s investment policy, and/or other governing documentation that may be entered into from time to time, and any applicable regulations. While it is anticipated that each of its Clients will follow the strategy stated above, the Adviser may tailor the specific advisory services with respect to each Client to the individual investment strategy of that Client. In addition, the governing documents of Clients may, in certain limited circumstances, impose restrictions on investing in certain securities or types of securities, for example in connection with regulatory or compliance reasons. As of December 31, 2023, the Adviser manages approximately $2,793,424,174, all of which is managed on a discretionary basis.