– L Catterton, a global consumer-focused investment firm, raised approximately $11 billion in aggregate capital commitments in its latest fundraising cycle.
– Over $6.75 billion was raised for its Flagship Buyout strategy.
– This marks the final close of:
▪️L Catterton Partners X
▪️L Catterton Growth V
▪️L Catterton Europe V
▪️New Japan and China onshore funds
– Includes the first close of L Catterton Credit, the firm’s inaugural credit fund.
– Partners X, Growth V, and Europe V are the largest funds to date in their respective strategies.
– Strong investor support came from sovereign wealth funds, public pension funds, endowments, family offices, and high net worth individuals.
– L Catterton now manages over $37 billion in equity capital across multiple strategies:
▪️Consumer Buyout
▪️Growth
▪️Credit
▪️Commercial Real Estate
– Global CEO Scott Dahnke emphasized the firm’s strength in a challenging market environment and its 36-year track record.
– Executive Chair and Co-Founder Michael Chu highlighted the firm’s category-first, insight-driven approach and global consumer expertise.
– The firm is positioned to capitalize on future investment opportunities and provide strong operational support to portfolio companies.
