Jason Howard, an alternatives industry veteran known for advising and investing in General Partners (GPs), has launched New Catalyst Strategic Partners (New Catalyst), an independent alternative investment firm that will provide seed and growth capital to emerging, developing and diverse firms led by experienced investors.
The New Catalyst platform is slated to offer GPs a range of solutions including: seeding new private market firms; acceleration capital for existing private market firms; co-sponsoring company acquisitions; providing catalytic growth capital for launching new investment strategies, scaling investment teams and other structured investments.
New Catalyst was founded with support from, and in strategic partnership with Apollo, including a cornerstone capital commitment and operational support to help create value for the firm and its investments.
Howard 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.
In addition to Howard, the New Catalyst founding team includes Managing Director Demetrius Sidberry, former Managing Director at Hamilton Lane, and Senior Advisor and Operating Partner Scott Darby, whose experience includes senior operating roles with TPG and Vista Equity Partners.