L Catterton related stories
All articles and analysis
Tengram closes debut fund above targetThe Connecticut-based firm launched its debut fund in 2011 and came in just under its $175m hard-cap. Tengram has invested roughly 20% of the fund to date.
- L Capital nears $800m first close
The firm's second Asia fund is near a first close and is expected to reach its $950m hard cap before the end of September.
- Catterton raises $2.1bn for oversubscribed funds
The firm’s seventh buyout fund closed on its $1.6bn hard-cap after initially targeting $1.2bn. Catterton’s second growth fund hit its $400m hard-cap after three months in market.
- Tower Three targets $400m for Fund II
The turnaround firm’s major investment was a buyout alongside Catterton Partners in Restoration Hardware. The business filed to go public last year.
- Catterton launches seventh fund targeting $1.2bn
The Connecticut-based consumer specialist is in market with its seventh buyout fund, targeting $300m more than its predecessor fund that closed in 2006.
- Holiday season round-up: North American Deals
The North American market was the setting for a late surge in deal activity, with a number of firms agreeing buyouts as the year drew to a close.
- Sun Capital NY dealmaker departs
Dave Blechman has left to join upstart firm Tower Three. Sun’s Steve Liff will continue to lead the New York office.
- Aldus founder arrested as NY probe widens
New York’s Attorney General Andrew Cuomo has indicted Saul Meyer for allegedly making illegal payments to Henry Morris in exchange for business with the $122bn New York State Common Retirement Fund. Cuomo said he will soon pursue other 'manifestations' of corruption in the US public pension investment market.
- Colony JV increases stake in French supermarket
Blue Capital, the company jointly owned by Colony Capital and Groupe Arnault, has again increased its stake in French supermarket retailer Carrefour. Blue Capital now holds 12.9 percent of Carrefour. In May, Colony also increased its stake in Europe’s largest hotel owner, Accor.
- Hicks- and Investcorp-backed company files bankruptcy
Greatwide Logistics Services, purchased last year for $730m, has filed for Chapter 11. The company is saddled with $600m in debt and its first lien lenders including Centerbridge and DE Shaw intend to buy the company early next year.