Catalyst Opportunity Funds, a double-bottom-line real estate investment platform focused on impactful investments in historically underserved U.S. markets, has held a final close for its Catalyst Opportunity Fund II with total capital commitments of $140 million. The close brings Catalyst’s total assets under management to $350 million, representing more than $1.3 billion in project costs across its portfolio.
Fund II raised capital from a base of prominent institutional investors, including JPMorganChase, UnitedHealth Group, American Express and KeyBank, as well as foundations, family offices and other mission-aligned capital partners.
Catalyst aims to expand the nation’s housing stock through ground-up development, directly addressing the estimated 5.5 million-unit shortage of new construction. By bringing new workforce and affordable housing units online, Catalyst targets the supply-demand imbalance that has exacerbated housing affordability challenges nationwid
