Atlantic‐Pacific Capital was the placement agent for The Catalyst Capital Group on its latest fundraise, the Catalyst Fund Limited Partnership V, with just over $1.5 billion (C$2.0 billion) in capital commitments. The new fund closed above the targeted amount of $1.25 billion in October 2015.
Atlantic-Pacific Capital is one of the larger placement agents serving the alternative investment space. Since its founding in 1995, the firm has had more than 90 capital raising assignments totaling more than $60 billion for private equity, real estate, real assets, natural resources and infrastructure fund placements. Atlantic-Pacific has eight offices located in New York, Greenwich, Chicago, San Francisco, Nashville, San Clemente, London, and Hong Kong (www.apcap.com).
Brendan Edmonds and Alex Leykikh, both partners at Atlantic-Pacific Capital, led the fundraising team. “Catalyst’s sustainable competitive advantages in Canada and its history of generating superior risk-adjusted returns were well received by institutional investors globally,” said Mr. Edmonds.
“We are extremely pleased with Atlantic-Pacific’s professionalism and dedication to helping us efficiently achieve our capital raising goal,” said Gabriel de Alba, Managing Director and Partner of Catalyst.
Catalyst is Canada’s second-largest private equity firm (second to Onex) and specializes in control and influence investments in distressed and under-valued Canadian situations. The firm was founded in 2002 and has now raised five funds (and two parallel funds) with over US$4.3 billion in capital commitments. Catalyst is headquartered in Toronto (www.catcapital.com).
“Fund V took less than six months of active marketing, was oversubscribed like all our prior funds and highlights the performance of the Catalyst team” said Newton Glassman, Managing Partner of Catalyst. Since inception in 2002, Catalyst has generated strong returns with 92% of its capital deployed in senior secured debt and has not experienced a loss in principal since 2006.
Catalyst Closes Oversubscribed Fund V
© 2015 PEPD • Private Equity’s Leading News Magazine • 11-30-15