L Catterton Closes $11B Fundraising Cycle, Expanding Global Consumer Investment Strategies
L Catterton, a Connecticut-based global consumer-focused investment firm, announced the final close of its latest fundraising cycle, raising nearly $11 billion in aggregate capital commitments. This includes over $6.75 billion for its Flagship Buyout strategy through L Catterton Partners X, alongside L Catterton Growth V, L Catterton Europe V, new Japan and China onshore funds, and a first close for L Catterton Credit. These funds represent the largest in their respective strategies to date.
The fundraising drew strong support from a diverse investor base, including existing and new investors such as sovereign wealth funds, public pension funds, endowments, family offices, and high-net-worth individuals. With this close, L Catterton now manages over $37 billion in equity capital across its consumer buyout, growth, credit, and commercial real estate investment strategies.
“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.”
