FINANCIAL_SERVICESONGOING

Pathway Capital Added to Watch List Amid Clearlake Sale

Pathway Capital Management continues as ARMB's private equity manager for about $2B in assets, with the board placing the firm on a watch list following its acquisition by Clearlake Capital.

Document date · March 16, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract amount
Manages about $2 billion for ARMB (consolidated exposure)
Contract type
FINANCIAL_SERVICES
Contract term
Ongoing, with change in ownership to Clearlake Capital as of Dec 2025
Renewal
Under watch list review following ownership change as of December 2025; Board to monitor for any governance or management changes.
Document type
AgendaPacket
Source document
Alaska Retirement Management Board Board of Trustees Meeting March 18-19, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Department of Revenue | State of Alaska?

Pathway Capital Management was awarded this financial services contract by Department of Revenue | State of Alaska, as recorded on March 16, 2026. The contract value is Manages about $2 billion for ARMB (consolidated exposure).

How much is the Pathway Capital Management contract with Department of Revenue | State of Alaska worth?

The Pathway Capital Management contract with Department of Revenue | State of Alaska is valued at Manages about $2 billion for ARMB (consolidated exposure), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Alaska Retirement Management Board Board of Trustees Meeting March 18-19, 2026 (AgendaPacket), dated March 16, 2026 from Department of Revenue | State of Alaska. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pathway Capital Management hold?

Pathway Capital Management may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Pathway Capital Management's profile

What is Department of Revenue | State of Alaska currently buying?

Explore Department of Revenue | State of Alaska's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Department of Revenue | State of Alaska's profile