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SK Capital Partners closes Catalyst Fund II at $800m

SK Capital Partners, a private investment firm focused on the speciality materials, ingredients, and life sciences sectors, has held the final close of the SKCP Catalyst Fund II with total committed capital of $800 million. 

SK Capital Partners, a private investment firm focused on the speciality materials, ingredients, and life sciences sectors, has held the final close of the SKCP Catalyst Fund II with total committed capital of $800 million. 

The oversubscribed fund reached its hard cap of $750m with SK Capital also making an additional $50m investment.

SK Capital applies the same investment process and principles across its entire portfolio and invests capital from two parts of the SK Capital fund family: Flagship and Catalyst. The Flagship strategy currently focuses on the upper mid-sized and large companies, while the Catalyst strategy, founded in 2019, is dedicated to the lower middle market companies. Since its founding in 2007, SK Capital has raised seven funds and has over $7.8bn of assets under management across both strategies.

Catalyst Fund II focuses on buyout investments that generally require initial committed equity capital of up to $100 million. The predecessor fund, Catalyst Fund I, had aggregate commitments of approximately $415 million and has made a total of eight platform investments, two of which have already had significant realisations – the full exit of NuCera Solutions and the majority sale of Techmer PM.

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