is a single family office serving the Dekker family


Cat Trail takes strategic positions in publicly traded securities, makes strategic placements with unique fund managers, manages a portfolio of real assets, and takes positions in small growth companies.

Investing in both debt and equity, Cat Trail establishes active, on-going relationships with those with whom it invests. Investment partners are carefully selected based on their ability to achieve differentiation and generate true “alpha”.


Cat Trail maintains a portfolio of internally managed funds.

Fund Allocations

Cat Trail partners with many leading firms in the finance industry, including real estate, private equity, secondary, venture capital, and hedge funds.

Private Equity & Credit

Cat Trail invests in direct placements, participates in syndicated rounds, and also takes limited partner positions in funds or businesses demonstrating above average return potential. Participation includes both debt and equity placements, or often some combination therein.


David Dekker
Managing Partner
Russell Dekker
Andrew Budinoff


Cat Trail is an investment company serving the Dekker family.

Cat Trail was founded by David Dekker after Marcel Dekker, Inc. was acquired at the end of 2003. Marcel Dekker, Inc. (Dekker) was a scientific/technological/medical (STM) publishing company founded by David and Russell’s father, Marcel Dekker, in 1964. Prior, Marcel worked in marketing and sales for the publishing firm, Interscience, which was founded by Marcel’s father, Maurits Dekker, and Eric Proskauer in 1947. Interscience merged with John Wiley & Sons in 1963, becoming Wiley-Interscience.

Like Interscience before it, Marcel Dekker, Inc. prospered, transforming into a mid-sized global STM publisher. In 1997, Marcel Dekker retained his Chairman title but vacated the Presidency, passing the company’s leadership to his two sons, Russell Dekker as Chief Publishing Officer and David Dekker as Chief Operating Officer.

At the time, technology and the internet were posing both opportunities and challenges for traditional publishers. With new leadership, the company embraced the digital challenges by building a strong web presence, a new brand image, pioneering in-house content management, and directly publishing material in real time to the web and syndication partners. Crossroads Media, a separate company owned by David and Russell Dekker, also purchased Achorn Graphics (Achorn) in 1998, a typesetter which had developed a unique technology to render STM content on the web. Achorn became well-regarded doing all production work for Dekker as well as for other STM publishers such as Elsevier, Kluwer, Springer, Wiley, and McGraw-Hill. Achorn was sold in 2001 to SPI Graphics, a company financed by Tommy Lee Partners.

In 2003, Dekker’s Board of Directors agreed to sell Dekker to the Taylor & Francis Group, plc (T&F). Dekker’s American base and digital activism made it an especially good fit with the more English and print-centric T&F. Russell and David worked for T&F, honoring their required employment contracts, but left soon after to establish new ventures. Now well established and with better resources, Cat Trail has become a full service investment boutique for the Dekker family.


mailing address



(203) 226-3152
(212) 207-3714

Cat Trail Office:

The Dekker Foundation: