Investors include endowments, foundations, asset managers, family offices and high net worth individuals. The Fund invests in industrial outdoor storage facilities (“IOS”) located in key East Coast markets.
New York, April 9, 2024–(BUSINESS WIRE)–Catalyst Investment Partners, a leading IOS-focused investment management firm, announced today that Catalyst IOS Fund II (“Fund II” or “Fund ”) announced that it has completed its final closing. promise. Fund II attracted interest from a wide range of national and international institutions and exceeded its $150 million fundraising goal. The fund is the second in the firm’s IOS fund series and focuses on densely populated infill industry markets with high barriers to entry.
“Investor interest in IOS is strong and growing, and we are excited to add several new institutional investors to this fund series,” said Dan Haroun, co-founder and partner at Catalyst. Ta. “We appreciate the trust and support of new and existing LPs.”
IOS properties are improved, low-build-to-coverage industrial properties that form the backbone of the supply chain. Property types include truck terminals, industrial service facilities, material and equipment loading and unloading yards, and more.
Fund II plans to grow the Catalyst IOS portfolio to more than $500 million in total asset value. This was made possible by his 20-person team at the company, which is purely dedicated to IOS. The firm’s large headcount relative to its fund size allows it to focus on small, individual transactions in supply-constrained markets with high barriers to entry and the potential for significant rent growth. Masu.
Incubation Capital (“Incucap”) served as the financing agent. Jonathan Glick and William Edge led distribution and marketing on behalf of Incucap.
About Catalyst Investment Partners
Catalyst Investment Partners is a leading IOS-focused investment manager specializing in the acquisition, management and leasing of industrial outdoor storage facilities. Founded in 2021 by Dan Haroun and Max Heiden, the company is based in New York City and owns or manages more than 50 of his IOS sites throughout the Eastern United States. His team of 20 experts at Catalyst is dedicated to IOS.
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contact address
Media contact:
dan harrown
co-founder and partner
dan@catalystios.com
203-644-8266
www.catalystios.com
