IFC mulls $20m equity investment in L Catterton’s Latin America fund

IFC mulls $20m equity investment in L Catterton’s Latin America fund

Cityscape of Rio de Janeiro, Brazil.

The International Finance Corporation (IFC), a member of the World Bank Group, is proposing a $20-million equity investment in the third Latin America-focused fund of L Catterton, the $15-billion private equity firm co-founded by luxury-goods maker LVMH Moet Hennessy Louis Vuitton SE.