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L Catterton’s India-Focussed Consumer Fund Marks First Close At $200 Mn
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The private equity company dedicated to the consumer sector and supported by LVMH is targeting an expanding Indian market.
L Catterton’s India-Focussed Consumer Fund Marks First Close At $200 Mn
L Catterton’s India-focussed consumer fund has reportedly marked its first close at $200 Mn (about INR 1,760 Cr). The investment vehicle, L Catterton India Fund (Fund I or the Fund), was launched by L Catterton Asia and former Hindustan Unilever Ltd executive Sanjiv Mehta last year to invest in mid-market consumer businesses in India. The private equity fund has a target of raising $400 Mn, with an additional greenshoe option of $200 Mn, ET re…
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