Fund Managers

Catalyst Capital closes Fund IV above target

The Canadian distressed-for-control investor closed on $812m.

-

Toronto-based distressed investor The Catalyst Capital Group has closed its Fund IV on $812 million, well above the firm’s $750 million target. 

Catalyst focuses on making distressed-for-control control investments in Canadian companies. Limited partners in Fund IV include the Montana Board of Investments, according to Private Equity International’s Research and Analytics division.