L Catterton, the consumer-focused private equity (PE) firm, will be raising $1.25 billion for its third Asia-focused fund, as per a filing with the US Securities and Exchange Commission on June 2.
In January 2016, Singapore-based PE fund L Capital Asia merged with American consumer-focused PE firm Catterton to form L Catterton. It currently manages over $14 billion in capital. Since 1989, L Catterton’s funds have made over 150 investments in leading consumer brands across all segments of the consumer industry, according to its website.