Form D · Other Investment Fund

Pathway Private Equity Fund XXXII, LP

Irvine, CA · CIK 0001996693

Offering snapshot reported May 11, 2026 · SEC filing

Reported sold: $25.1M
Investors reported: 3
Minimum accepted: $0
First sale: May 6, 2026

What changed?

Latest filing versus its linked predecessor, where available.

No comparable changes in the displayed metrics.

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
May 11, 2026	Initial	$25,080,000	No comparison	3	SEC filing
Oct 11, 2023	Initial	$100,320,000	No comparison	3	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1, 3C.7
Duration over one year: No
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-583549

Source: Form D, filed May 11, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

PATHWAY PRIVATE EQUITY FUND XXXII, LP

Investment adviser: PATHWAY CAPITAL MANAGEMENT, LP

Gross asset value: $103M
Beneficial owners: 3
ADV minimum commitment: $0

Reported in Form ADV on Jun 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX FUND SERVICES (SFO) LLC BURLINGAME, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor KPMG IRVINE, California, United States

Custodian BANK OF AMERICA CORPORATION CHARLOTTE, North Carolina, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC BOSTON, Massachusetts, United States Related to adviser: No

Custodian SILICON VALLEY BANK SANTA CLARA, California, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

KPMG
PCAOB 185

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Filing source

Form ADV 2116854 · Jun 30, 2026 · Schedule D 7.B.(1), fund 805-1863727635

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Pathway Private Equity Fund XXIII, LP	Apr 23, 2025	$724,368,000	3
Pathway Private Equity Fund XXV, LP	Dec 31, 2025	Yet to sell	0
Pathway Private Equity Fund XXVIII, LP	Apr 12, 2017	$150,510,000	3
Pathway Private Equity Fund XXIX, LP	Jun 11, 2021	$822,596,666	Not reported
Pathway Private Equity Fund XXXII, LP (this fund)	May 11, 2026	$25,080,000	3

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Karen Jane Jakobi	Director, Executive
Douglas Kent Le Bon	Director, Executive
N/A Ppef Management Xxxii Llc	Executive
James Herbert Reinhardt	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

18575 Jamboree Road, 7 Th Floor
Irvine, CA, 92612