Catalyst Investors has raised $377 million for its oversubscribed fourth fund, beating its $350 million target. According to the firm, Catalyst Investors IV will make investments between $10 and $60 million, focusing on growth sectors that range from business and consumer services to cloud computing and communications infrastructure.
NEW YORK, APRIL 29, 2015 – On March 31st, Catalyst Investors held the final close of its fourth fund, Catalyst Investors IV, with $377 million in capital commitments. Fund IV was oversubscribed, exceeding its $350 million target. Catalyst partners with high-growth, technology-enabled businesses, a strategy which the firm has pursued consistently since inception in 1999.
“We’re very grateful to our limited partners – both returning and new – for their support through this fundraise. We exceeded our target amount and concluded the process very quickly, which has allowed us to continue our focus on identifying and supporting the most promising growth companies,” said Brian Rich, Co-founder and Managing Partner at Catalyst.
Fund IV will make growth equity investments between $10 and $60 million in companies with proven business models, attractive unit economics, and significant market opportunity. The fund will focus on growth sectors such as business and consumer services (digital media, eCommerce, healthcare IT, and education technology), cloud computing (SaaS and business intelligence), and communications infrastructure (wireless towers, wireless spectrum, and data centers). Fund IV has already completed its first investment in the communications infrastructure space.
About Catalyst Investors
Catalyst Investors is a New York City-based growth equity firm focused on technology-enabled services including cloud computing, wireless infrastructure, and digital media. Founded in 1999 and investing its fourth fund, Catalyst draws on its deep sector expertise and extensive network of industry leaders to work in partnership with management to create long-term value. The firm makes both minority and majority investments of up to $60 million in rapidly growing companies. For more information, please visit www.catalyst.com.