MAY 2015GrowthCap has released its second annual Top 25 Growth Equity Firms ranking. The list highlights the top private capital investors focused on the growth equity segment and was based on a combination of fund performance, consistency of returns, capital raised, investment strategy and partner experience. Returns data were collected through direct confirmation from funds as well as third-party independent research and focused on funds raised within the last 10 years. See the full rankings here.
CATALYST INVESTORSAverage Net IRR: 20% – 25%
Catalyst Investors started their first fund in 2000 with many of their partners having previously worked at Toronto Dominion (TD). Catalyst was an early pioneer in the growth equity space in that their style of investing has, by and large, remained constant even though growth equity as an asset class was only recently defined. Catalyst is now investing out of its fourth fund which closed in 2015 and focuses on minority as well as majority growth-oriented opportunities in business and consumer services (digital media, eCommerce, healthcare IT, and education technology), cloud computing (SaaS and business intelligence), and communications infrastructure (wireless towers, wireless spectrum, and data centers).