The Catalyst Capital Group Inc. (“Catalyst” or the “Firm”) is a private equity investment firm founded in June 2002. Catalyst specializes in control and/or influence investments in distressed and undervalued Canadian situations.
The Catalyst team collectively possesses more than 110 years of relevant experience in restructuring, credit markets and merchant and investment banking in both the U.S. and Canada. The most senior members of the team have been working together at Catalyst since the Firm’s inception. The Catalyst team has extensive knowledge of and experience in navigating the Canadian capital markets and integrating Canadian restructurings, when necessary, with U.S. and other jurisdictions’ capital market restructuring, regulatory, and political processes. This experience combined with their on-the-ground presence has resulted in Catalyst being one of the preeminent (if not the preeminent) investors in distressed and undervalued situations globally. Catalyst believes its job is to manufacture risk-adjusted returns and, as a result, its Guiding Principles are an integral part of its culture.
Catalyst manages four funds – Catalyst Fund Limited Partnership I (“Fund I”), Catalyst Fund Limited Partnership II (“Fund II”), Catalyst Fund II Parallel Limited Partnership (“Fund II PP”) and Catalyst Fund Limited Partnership III (“Fund III”). Fund I has experience realized annual returns of 70% on invested capital through September 30, 2011. Fund II was formed in April 2006. Fund II PP was formed in June 2008 as a co-invest fund for Fund II. The combined gross annual return, since inception, for Fund II and Fund II PP is 27% as of September 30, 2011. Fund III had its final close effective March 31, 2011 having exceeded its “hard cap” of U.S. $1 billion in limited partner commitments and with a demand of in excess of $1.25 billion. As of September 30, 2011, Fund III had experienced gross annual returns, since inception, of 57%. Catalyst currently manages in excess of U.S. $2.5 billion.