L Capital Asia
L Catterton's Asia team to spin-out, raise growth fund
The bulk of the L Capital Asia team that merged with Catterton in 2016 to form L Catterton, a global consumer-focused private equity firm, is spinning out to raise a $750 million Asia growth fund.
L Catterton-owned Seafolly makes South America bolt-on
L Catterton Asia, the Asia arm of global consumer-focused GP L Catterton, has purchased Colombian beachwear brand Maaji in a bolt-on acquisition for its Australian swimwear brand Seafolly.
VIDEO: Michael Chu & Ravi Thakran, L Catterton
Michael Chu, global co-CEO at L Catterton, and Ravi Thakran, managing partner and chairman of L Catterton Asia, discuss the merger of Catterton and L Capital
China O2O retail: It’s good to touch
The rise of e-commerce in China has placed traditional retailers under pressure, but private equity investors are still finding opportunities with concepts that integrate online and offline
Portfolio: L Capital Asia and Seafolly
Beachwear maker Seafolly was already a leader in Australia when L Capital Asia acquired it in 2014. Now the founding family and the GP plan to build it into a global lifestyle brand
Cross-border consumer: The Korean wave
Driven by the popularity of music, TV dramas and beauty products, Korea’s cultural cachet has never been stronger. PE and strategic investors want to monetize the phenomenon, for as long as it lasts
Louis Vuitton's Australia CEO joins L Capital as country head
L Capital Asia – a private equity arm of French luxury goods giant LVMH – has appointed Louis Vuitton Australia CEO Philip Corne as its executive chairman in Australia.
Deal Focus: L Capital taps Korea’s cultural clout
Clio Cosmetics hopes to leverage Korea's entertainment appeal throughout Asia
L Capital Asia takes minority stake in Korea cosmetics player
L Capital Asia – the private equity arm of luxury goods giant LVMH – has acquired a minority stake in Clio Cosmetics, a South Korea-based color cosmetics manufacturer, for an undisclosed sum.
PE-backed Jones the Grocer folds in Australia again
The Australian operation of Jones the Grocer, a gourmet food retailer backed by L Capital Asia, has entered voluntary administration for the second time in two years.
Tencent invests in Korea's PE-backed YG Entertainment
China’s Tencent Holdings and Beijing Weiying Times Technology – an online ticketing platform in which Tencent is an investor – have committed approximately $85 million to YG Entertainment, a Korean record label and talent manager backed by L Capital...
L Capital supports acquisition of global rights to Jones the Grocer
L Capital Asia has taken a significant minority stake in a company that has acquired the global rights to Jones the Grocer, a gourmet food retailer that originated in Australia.
Q&A: L Capital Asia's Ravi Thakran
Following the announcement of L Capital's merger with Catterton, Ravi Thakran, managing partner and chairman of L Capital Asia, discusses the implications of the deal and shares his views on the investment climate
L Capital to merge with US-based Catterton
L Capital, a private equity firm sponsored by luxury goods giant LVMH, will merge with consumer-focused GP Catterton to form L Catterton.
Actor Hugh Jackman invests in L Capital-owned RM Williams
Australian actor Hugh Jackman has invested in bootmaker R.M. Williams, alongside majority shareholder L Capital Asia.
L Capital Asia exits India's PVR
L Capital Asia has fully exited its remaining stake in Indian cinema chain operator PVR Cinemas for INR4.8 billion ($76 million).
SCPE commits $52m to L Capital-owned Crystal Jade
Standard Chartered Private Equity (SCPE) has committed $52 million to Crystal Jade Group Holdings, a food and beverage conglomerate owned by L Capital Asia.
L Capital-owned Ku De Ta to re-brand as Ce La Vi
Ku Dé Ta Group, the Singapore luxury restaurant and club chain controlled by L Capital Asia, has has re-branded as Ce La Vi after losing a legal battle over naming rights.
L Capital faces legal action over Jones the Grocer
L Capital Asia is being sued in Singapore's high court over its decision appoint administrators to gourmet food retailer Jones the Grocer by the company's former CEO John Manos.
L Capital-backed 2XU targets IPO in Australia or US
Australian sports apparel brand 2XU - which is 40%-owned by L Capital Asia, a PE firm backed by luxury goods conglomerate LVMH - is looking to go public in either Australia or New York with an IPO that could value the business north of A$600 million ($468...
L Capital Asia exits India's PVR Leisure via share buyback
L Capital Asia has exited its stake in PVR Leisure, a unit of India multiplex operator PVR, via a share buyback arrangement with the parent.
L Capital Asia backs Saudi Arabia gourmet confectioner
L Capital Asia - a PE firm sponsored by luxury goods conglomerate LVMH - has secured its first Middle East investment with the acquisition of a minority stake in Bateel, a luxury confectioner based in Saudi Arabia.
L Capital Asia invests $100m in China mall operator Sasseur
L Capital Asia, a PE firm sponsored by luxury goods conglomerate LVMH, has invested more than $100 million in a second round of funding for Sasseur Group, a Chinese outlet shopping mall developer.
L Capital Asia targets India e-commerce
L Capital Asia, a PE firm sponsored by French luxury goods conglomerate LVMH Group, could invest up to $150 million in India this year as it targets opportunities in the country's fast growing e-commerce sector.