L Catterton Raises $11 Billion for Global Consumer Investments

Whats Happening:

L Catterton, a global consumer-focused investment firm, has successfully raised approximately $11 billion in aggregate capital commitments across various fund strategies. This includes over $6.75 billion for its Flagship Buyout strategy, marking the final close of several funds and a first close of L Catterton Credit. The fundraising cycle received strong support from both existing and new investors, expanding the fund's equity capital under management to more than $37 billion.

Key Moves:

• L Catterton raises $11 billion in aggregate capital commitments

• Over $6.75 billion secured for Flagship Buyout strategy

• Successful closings across multiple fund strategies, including a new credit fund

By The Numbers:

• Approximately $11 billion raised in total capital commitments

• Over $6.75 billion secured for Flagship Buyout strategy

• More than $37 billion of equity capital now under management

Key Quotes:

• "We are grateful to our investors for their conviction and support as we build on the strong momentum across our global platform," said Scott Dahnke, Global CEO of L Catterton.

• "Today our firm is regarded as the partner of choice for leading branded consumer businesses of all sizes, across the globe."

• "Our insight-driven, category-first approach allows us to identify and invest behind what consumers truly care about in a rapidly evolving market," said Michael Chu, Executive Chair and Co-Founder of L Catterton.

Bottom Line:

L Catterton's successful $11 billion fundraise, including $6.75 billion for its Flagship Buyout strategy, demonstrates strong investor confidence in its consumer-focused investment approach. With over $37 billion now under management, the fund is well-positioned to capitalize on global consumer investment opportunities and provide strategic support to its portfolio companies.

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