L Catterton aims to raise 2 billion yuan for first yuan-denominated fund

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BEIJING/HONG KONG : Private equity firm L Catterton on Monday said it aims to raise 2 billion yuan ($275.44 million) for its first yuan-denominated fund. The fund, for which the first closing has completed, will focus on investing in early-stage projects in the consumer sector for its first phase.

BEIJING/HONG KONG : Private equity firm L Catterton on Monday said it aims to raise 2 billion yuan for its first yuan-denominated fund. The fund, for which the first closing has completed, will focus on investing in early-stage projects in the consumer sector for its first phase.

 

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