L Catterton Asia raises SPAC for consumer deals
L Catterton Asia has raised $250 million for a special purpose acquisition company (SPAC) that will focus on high-growth consumer technology assets within the region.
The sponsor entity for L Catterton Asia Acquisition Corp. is a portfolio company of the firm’s third pan-regional fund, which closed at the end of 2019 with $1.45 billion in commitments. The SPAC’s...
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