…. There have been various research reports in the UK and US suggesting that private equity generates higher returns than public markets, even when adjusted for risk and fees. However, those returns seem to have declined over time due to increased competition, higher entry multiples, changes in debt markets and the greater instability of major economies.

Most of us are familiar with the Pareto Principle, often referred to as the 80:20 rule. The idea, as captured in the graphic below is that a few activities are disproportionately responsible for a large majority of results. The implication, if we can identify the valuable few and take action to deliver them, is that we can achieve substantially better outcomes…

One way to define what Catalysis does with investors and companies is that we (i) help directors create executable strategies and then, (ii), make sure that the managerial and organisational underpinnings of strategy execution are in place. On the first point, we don’t identify the ‘what’ of strategy…