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Catalyst Investment Partners Closes $186.9 Million in LP Commitments for Catalyst IOS Fund II
[April 09, 2024]

Catalyst Investment Partners Closes $186.9 Million in LP Commitments for Catalyst IOS Fund II


Catalyst Investment Partners, a leading IOS-focused investment manager, announced today it has held a final close of Catalyst IOS Fund II ("Fund II" or the "Fund") oversubscribed with $186.9 million in LP commitments. Fund II received broad-based institutional interest both domestically and internationally, surpassing the $150 million fundraise target. The Fund is the second in the firm's IOS Fund Series focused on densely populated, infill industrial markets with high barriers to entry.

"Investor interest in IOS is strong and growing, and we are excited to add several new institutional investors into this fund series," said Dan Haroun, Co-Founder and Partner at Catalyst. "We are grateful to our new and existing LPs for their trust and support."

IOS properties are improved, low-buildingcoverage industrial properties that make up the backbone of the supply chain. Property types include truck terminals, industrial service facilities and material or equipment laydown yards, among others.



Fund II will grow the Catalyst IOS portfolio to over $500 million in gross asset value, made possible by the firm's 20-person team dedicated purely to IOS. The firm's sizeable headcount relative to fund size allows for a focus on smaller individual transactions in higher barrier to entry, supply constrained markets with outsized rent growth potential.

Incubation Capital ("Incucap") acted as placement agent for the fundraise. Jonathan Glick and William Edge led distribution and marketing on behalf of Incucap.


About Catalyst Investment Partners
Catalyst Investment Partners is a leading IOS-focused investment manager specializing in the acquisition, management, and leasing of industrial outdoor storage properties. Founded in 2021 by Dan Haroun and Max Heiden, the firm is based in New York City and owns or controls over 50 IOS sites across the Eastern US. Catalyst's team of 20 professionals is entirely focused on IOS.


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