L Catterton closes at $641m

The firm has exceeded the target for its fourth growth fund.

Fund name: L Catterton Growth IV
Amount raised: $641 million
Target size: $625 million
Final close date: November 2020
Stage of fundraising: Final close
Predecessor fund: L Catterton Growth III ($615 million)

L Catterton has held a final close on its fourth consumer-focused growth equity fund, L Catterton Growth IV. The fund has surpassed its target amount raising $641 million, where it will look to continue to invest in North American mid-market consumer businesses.

Action Item: See L Catterton Growth IV Fund’s SEC Filing here