The Catalyst Capital Group

GDA Luma is the brainchild of Gabriel de Alba, who for more than 25 years has been a control/influence investor in complex, distressed and special situations deals, including as a partner with Catalyst Capital.

Montreal-based live entertainment company Cirque du Soleil has closed a sale transaction with its lenders, led by Canadian private equity firm Catalyst Capital Group, and emerged from creditor protection.

Canadian private equity firm Catalyst Capital Group has been awarded the 2017 "Cross Border Turnaround of the Year Award" from the Global M&A Network. The award, which recognizes multi-jurisdictional restructuring events valued above US$5 billion, went to Catalyst for its role in last year's restructuring /canada/2016/11/3418593/ of Pacific Exploration & Production Corp, a Toronto producer of natural gas and crude oil in Latin America. Catalyst was also nominated for the 2017 "Global Private Equity Turnaround Firm of the Year Award". The winner will be announced in a ceremony in New York on April 4th.

Pacific Exploration & Production Corp has closed a US$500 million debtor-in-possession (DIP) financing with Canadian private equity firm Catalyst Capital Group and certain holders of the company's unsecured notes. Additionally, Pacific Exploration entered into a US$115.5 million letter of credit facility with supporting bank lenders and creditors. The DIP financing and letter of credit facility are key features of a comprehensive restructuring deal /2016/04/pacific-exploration-in-restructuring-deal-with-catalyst-capital-reuters/ struck by Pacific Exploration with debt-holders, including Catalyst, in April. Based in Toronto, Pacific Exploration is an explorer and producer of natural gas and crude oil in Latin America.

Proxy advisory firm Institutional Shareholder Services (ISS) has reaffirmed its previously announced recommendation /canada/2016/02/23/corus-investor-catalyst-capital-opposes-deal-with-shaw-reuters/ of the $2.65 billion acquisition of Shaw Media Inc by Corus Entertainment Inc (TSX: CJR.B), Corus announced. Investors in Corus, a Toronto-based media and content company, will vote on the deal on March 9. Corus said ISS has urged that shareholders reject the dissident proxy released by Catalyst Capital Group. Catalyst, a Canadian private equity firm and Corus minority shareholder, opposes the Shaw Media deal, arguing that Corus will overpay for the asset /canada/2016/02/25/corus-to-significantly-overpay-for-shaw-media-catalyst-capital/

Canadian media and content company Corus Entertainment Inc (TSX: CJR.B) said that claims by Catalyst Capital Group about the proposed $2.65 billion acquisition of Shaw Media Inc are "misleading". Catalyst is reported to have said /canada/2016/02/23/corus-investor-catalyst-capital-opposes-deal-with-shaw-reuters/ that the family controlling both Corus and Shaw Communications Inc, the seller of Shaw Media, stands to gain at least $50 million from the deal. Corus also criticized Catalyst's calculation of Shaw Media's fair market value, which suggested that Corus was overpaying for the asset. Catalyst, a Toronto-based private equity firm, is a minority investor in Corus.

Canadian private equity firm Catalyst Capital Group plans to invest a minimum of $10 million in the education of insolvency and corporate restructuring professionals. It has committed an initial $2.5 million to the law school of London, Ontario-based Western University to develop a program covering both students and professionals. Newton Glassman, founder and managing partner of Catalyst, said the firm believes it is “part of our responsibility to support the education of all stakeholders in this critical area of Canada’s credit markets.”

Canadian private equity firm Catalyst Capital Group has expressed concern about the restructuring process recently entered into by Toronto's Mobilicity, a.k.a. Data & Audio-Visual Enterprises Wireless Inc. Catalyst, which holds Mobilicity bonds, noted that proposed plans might impair the company's ability to grow and serve customers, as well as the company's ability to be successfully sold. Catalyst said it would actively support restructuring that respected stakeholder rights and that led "to a successful and viable major mobile player."

Vancouver gaming company Gateway Casinos & Entertainment Ltd has been selected by the Ontario Lottery and Gaming Corp (OLG) as the service provider for gaming operations in Ontario's northern and southwestern regions. As a result, Gateway will add eleven Ontario properties to its portfolio, joining existing properties in British Columbia and Alberta. Gateway said the deal marks the latest step in its evolution since 2010, when Canadian private equity firm Catalyst Capital Group took it under management to restructure the company. With the Ontario expansion, Gateway's total properties will total 29.

A Mississippi bankruptcy judge has chosen Catalyst as the prevailing buyer of Advantage Rent A Car.

The Canadian distressed-for-control investor closed on $812m. Catalyst’s previous fund hit its $1bn hard-cap in 2011.

Catalyst Fund Limited Partnership IV has reached a final close with $812 million of capital commitments, significantly above the fund's target range of $500 million to $750 million. Atlantic-Pacific Capital served as the exclusive global placement agent for the fund.