Catalyst Capital co-founder Peter Kasch is to retire in September.
The 64-year-old founded Catalyst jointly with Julian Newiss in 2000 through a buyout of the European division of Greenwich Group International.
Kasch plans to work with non-profit organisations in the South East that support affordable housing, and to make for-profit seed investments in the developing world which have a socially positive impact.
Kasch’s retirement coincides with the launch of Catalyst’s second European property fund, Catalyst European Property Fund II.
“At 64, it is time for a shift of direction. I decided not to commit myself to the new fund, which could be nine years, and instead will renew old interests long sidelined,” said Kasch.
sophia.furber@estatesgazette.com
