Canyon Catalyst Fund

The Canyon Catalyst Fund is a joint venture between the California Public Employee’s Retirement System (CalPERS) and Canyon focused on developing the next generation of real estate managers while deploying up to $1 billion of equity into urban markets throughout the West Coast. Leaders from Canyon identify and work closely with emerging managers, acting as mentors and advisors to ensure the incorporation of institutional-level, best-in-class practices.

Strategy

The Canyon Catalyst Fund identifies and partners with emerging manager candidates to achieve the following objectives:

Achieve attractive risk-adjusted returns
Access unique investment opportunities
Invest in office, retail, industrial, multifamily, student housing, self-storage, and mixed-use real estate in urban markets
Cultivate the next generation of real estate fund managers