Six Point sued the firm for breach of contract after it allegedly failed to pay fees in connection with a $400m fundraise for Catalyst Fund Limited Partnership III, which was closed in April 2011.
Catalyst said Six Point failed to perform under the placement agreement and sought a refund of $530,000 it had already paid, however, arbitrator Dana freyer found that Six Point was entitled to fees due under the deal.
Earlier this week Catalyst held an $812m final close for its fourth fund, beating its initial target of $500m to $750m.
Fund II and its sister co-investment vehicle had a combined gross annual return of 27 per cent at that point, while Fund III was on 57 per cent, said the firm.
Atlantic-Pacific Capital acted as the sole placement agent for the vehicle after helping to raise the third fund.
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