Catalyst Capital has closed its first dedicated European real estate fund, the Catalyst European Property Fund, with EUR228.5 million in assets under management. Peter Kasch, managing partner in London, said the move is due to the current global economic conditions. “Our efforts are now concentrating on identifying acquisition opportunities where we can add value during a recovery period in the markets, particularly in established prime markets.”
Despite the current turbulent global economic environment, Catalyst has seen substantial support from institutional investors in both Europe and North America, said Kasch.
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