Ajay Pathak

Ajay Pathak

PartnerCo-Chair, London Office
Ajay Pathak
+44 (0)20 7447 4855

 Ajay Pathak is a partner in Goodwin’s Private Equity group. Mr. Pathak’s practice focuses on the establishment, management and regulation of private equity funds, venture funds, credit funds, infrastructure funds, hedge funds, and other alternative investment funds. He has established a number of funds, managed accounts, and other bespoke investment structures, including open-ended and hybrid structures, across a range of asset classes.

He also advises on secondaries, GP stake sales, spin-outs, establishment of new asset management businesses, seeding arrangements, joint ventures, partnership matters, co-investment arrangements, and incentive schemes.


Recent representative transactions include advising:

  • Abingworth on the establishment of Abingworth Bioventures Fund 8 and Abingworth Clinical Co-Development Fund 2
  • Abingworth on its acquisition by The Carlye Group 
  • Cordet Capital Partners on the formation of Cordet Direct Lending Fund II
  • Macquarie Infrastructure and Real Assets (MIRA) on the establishment of Macquarie Green Investment Group Renewable Energy Fund 2 (MGREF2) 
  • UBS on the establishment of several of its STRIPE products
  • Epidarex Capital Partners on the establishment of Epidarex Capital III 
  • ETF Partners on the establishment of Environmental Technologies Fund II
  • Sofinnova on the establishment of Synergy Fund I 
  • Amber Infrastructure on the establishment of a separately managed account and other investment vehicles focused on infrastructure opportunities
  • Capital Z Partners on the establishment of Capital Z (Fidelis) LP and Capital Z (Riverside) LP
  • LGT Private Debt on various of its credit fund products
  • Low Carbon Management on the establishment of VLC Renewables Fund
  • Triton Investment Management on the establishment of Triton Value Fund
  • Aberdeen Standard in connection with a GP-led secondary transaction relating to certain legacy funds
  • UBS on the establishment of a $500 million oncology impact fund*
  • U.K. Green Investment Bank on the establishment of its U.K. Offshore Wind Fund *
  • British Business Bank in connection with the establishment of the Accelerated Digital Ventures platform*

* Denotes experience prior to joining Goodwin.

Professional Experience

Mr. Pathak was seconded to Pershing Securities Ltd (affiliate of BNY Mellon) where he was responsible for managing the European in-house legal function, London, 2003-2005.



Legal Practice Course1996

College of Law London



  • Solicitor of the Senior Courts of England and Wales

Recognition & Awards

Mr. Pathak has been ranked as a leader by major U.K. legal directories, including as a Leading Individual in Private Funds by Legal 500, with clients describing him as a “standout star” and someone whose “commerciality is second to none” and who is “pragmatic and strikes the right balance between technical excellence and finding the right fit for the client”. Ajay has also been recognized by IFLR1000 and whoswholegal.co in their 2022 Legal Marketplace Analysis.


Mr. Pathak’s recent publications include:

  • Co-author, “Private Equity Comment: Sustainable Finance Disclosure Regulation, ELTIFs, and ESG issues relating to ERISA”

Mr. Pathak’s recent speaking engagements include:

  • Speaker, “Complexity Premium in GP-Led Secondaries,” SuperReturn International, June 2022
  • Panelist, “Annual Funds Sector Updates – Infrastructure,” Goodwin Webinar, June 2021 and July 2022
  • Panelist, “Private Credit – Emerging Trends in Fundraising,’ – Private Equity,” Goodwin Webinar, April 2021 
  • Panelist, “Goodwin Fundraising Workshop: What You Need to Know,” Goodwin Webinar, December 2020
  • Panelist, “The Importance of Anchor Investors in Venture Funds,” Allocate, November 2020