HomeUSAJason Howard Launches New Catalyst Strategic Partners

Jason Howard Launches New Catalyst Strategic Partners

New Catalyst Strategic Partners

Jason Howard launched New Catalyst Strategic Partners, a Los Angeles, CA-based independent alternative investment firm that provides seed and growth capital to emerging, developing and diverse firms led by experienced investors.

New Catalyst was founded with support from and in strategic partnership with Apollo (NYSE: APO), including a cornerstone capital commitment and operational support to help create value for the firm and its investments.

The New Catalyst platform offers Next Generation GPs with a range of solutions, including:

  1. Seeding new private market firms;
  2. Acceleration capital for existing private market firms;
  3. Co-sponsoring company acquisitions; and,
  4. Providing catalytic growth capital for launching new investment strategies, scaling investment teams and other structured investments.

New Catalyst seeks to acquire economic interests and minority ownership in Next Generation private markets firms, providing them with the flexible, strategic capital and value creation resources they need to grow and succeed. The firm intends to source investment opportunities across its vast manager network and provide its partner firms with day-one capital and support that is often difficult for Next Generation GPs to access. It is committed to catalyzing growth throughout a GP’s development, including providing fundraising support, working capital, deal capital, portfolio management best practices and value creation resources.

Jason Howard has extensive experience sourcing, investing in and advising Next Generation GPs to help them launch and scale their businesses. He previously spent nearly 14 years at GCM Grosvenor and Credit Suisse focused on investing in Next Generation firms, most recently as Managing Director and Co-Head of GCM Grosvenor’s multi-billion-dollar Private Equity Diverse Manager investment platform. He has served as one of the earliest investors in many Next Generation funds and provided such founder GPs with strategic advice and momentum-building investor validation that proved instrumental to their success.

In addition to Mr. Howard, the founding team includes Managing Director Demetrius Sidberry, former Managing Director and Direct Equity Investment Committee Member at Hamilton Lane; and Senior Advisor and Operating Partner Scott Darby, who brings more than 20 years of business building experience, including senior operating roles with TPG and Vista Equity Partners.

Apollo is a founding supporter of New Catalyst and will continue to be a strategic partner to the firm going forward. Apollo and its managed vehicles have committed significant capital to support New Catalyst’s growth, in addition to providing New Catalyst and its portfolio with strategic support and resources. New Catalyst is an independent firm with control over investment and operational decisions, and Apollo has alignment through a minority economic interest in the firm.

VCWire

09/01/2024