L Catterton Asia’s third fund exceeds target, raises over $1.28b so far

A file photo of Ravi Thakran, managing partner, L Capital Asia, who said that the company has been unable to identify any compelling opportunities in India. Photo: Mint

L Catterton Asia, the regional arm of US-headquartered global private equity firm L Catterton, has so far raised over $1.28 billion for its third Asia buyout fund, exceeding an initial target of $1.25 billion set last year, according to an SEC filing.

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