Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Catalyst Triples and Plans More Alts Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, February 2, 2015

Catalyst Triples and Plans More Alts

Reported by Neil Anderson, Managing Editor

Catalyst Funds [profile] just launched another liquid alternative mutual fund, and more are on the way. That expansion comes after a big growth year for the firm.

Jerry Szilagyi, CEO of the Huntington, New York-based mutual fund shop, confirms that he has another liquid alt fund in registration, launching as early as next month. That fund will involve the conversion of a long/short credit hedge fund into a mutual fund.

"We continue to look to new products, particularly on the liquid alternatives side," Szilagyi tells MFWire. "We're continuing to build out our infrastructure."

Last month Catalyst debuted its 25th mutual fund, the Catalyst MLP and Infrastructure Fund, which focuses on the general partners of master limited partnerships (MLPs). And Szilagyi is expanding his sales force, too.

The product and headcount expansions come after a big AUM growth year for Catalyst. The shop started 2014 with about $500 million in assets under management, Szilagyi says, and tripled to more than $1.5 billion before 2015 came rolling around. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use