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Heat the olive oil over medium heat in a large skillet. Add the pancetta and cook until browned, stirring frequently.
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Remove the pancetta to a paper towel lined plate, but don't drain the skillet.
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Add the shallot and garlic and cook over medium heat until fragrant and golden, about 2 mins. Add the asparagus and cook until bright green and barely tender, about 4 mins more. Add the white wine and cook until reduced by half.
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Stir in the mascarpone, lemon zest and juice, cheese, and about 1 cup reserved pasta water. Season with salt and pepper and cook until slightly thickened and bubbly.
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Reduce heat to low. Mix in the cooked pasta, parsley, cooked pancetta, and adjust seasoning. Add additional pasta water to thin if desired.
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To serve, spoon into bowls and top with toasted bread crumbs.
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Toasted Bread Crumbs: Heat olive oil in a small saute pan over med/high heat. Add the breadcrumbs, parmesan and parsley and stir well to coat. Cook for 3-5 mins, stirring frequently, until golden brown and toasted.