Catalyst Capital rebuts Reuters story about deals, track record
Canadian private equity firm Catalyst Capital Group has made a statement disputing a recent Reuters article that discussed the firm's investments and track record. Catalyst said it was "singularly disappointed" with Reuters and noted that the actions of reporters reflected an "intentional disregard of the facts." Catalyst said Reuters has proven to be "unobservant to the nature of private equity" and the firm's achievements in "rebuilding broken companies and making them leading players in their sector." Catalyst cited several examples, including Gateway Casinos & Entertainment Ltd, which has "already returned over $300 million to shareholders."
26 March 2018•3 mins read
