Click here for printer friendly page
Debut mid-market fund for US joint venture Catalyst/Hall18/02/2003. Source: AltAssets. 
 US mezzanine funds The Catalyst Group, based in Houston, and Hall Brothers Holdings, of Oklahoma City, have joined forces to raise a new mid-market fund named Catalyst/Hall, with $150m.
‘We are actively pursuing targeted investments in middle market companies with solid, established business franchises, owned and operated with outstanding management teams, exploiting defendable market niches,' said Rick Herrman, managing partner at Catalyst/Hall.
Catalyst/Hall's fund will target a range of industries, and will provide mezzanine debt in the range of $1m to $5m, with equity investments ranging from $2m to $7m.
Investors into the new fund include high net worth families, institutions and principals of the partnership itself, the firm said in a statement.
The firms said the joint venture would help them expand their geographic reach. Companies considered will be those based in the south-west and mid-west regions of the US.
Copyright © 2003 AltAssets
|
