Catalyst's Fund V may participate in new Callidus Capital loans
Catalyst Fund LP V, the fifth distressed-for-control fund of Canadian private equity firm Catalyst Capital Group, may participate in the funding of new loans originated by Callidus Capital Corp (TSX: CBL), a Toronto-based specialty business lending platform. The participation is in accordance with the terms of an agreement entered into in connection with Callidus' initial public offering in 2014. Catalyst Capital, which recently raised an initial US$650 million in commitments for Fund V, remained the company's majority shareholder following the public offering.
28 April 2015•6 mins read
