[Updated] L Catterton Asia LPs mull third fund's fate as spin-out triggers key man clause

[Updated] L Catterton Asia LPs mull third fund's fate as spin-out triggers key man clause

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Consumer-focused private equity firm L Catterton has halted new investments from its third Asia buyout fund after a spin-out formed by key executives triggered a so-called “key man clause”, DEALSTREETASIA has learnt.

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