Consumer-focused PE firm L Catterton raises $1.45b for third Asia fund

Consumer-focused PE firm L Catterton raises $1.45b for third Asia fund

L Catterton Asia managing partner Chinta Bhagat

L Catterton, the $15 billion private equity firm co-founded by luxury-goods maker LVMH Moet Hennessy Louis Vuitton SE, has closed its third Asia fund to back more retail and healthcare companies across the region.