LVMH-Backed Private Equity Firm Targets $313 Million Japan Deals

L Catterton, the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE, is planning to invest around ¥50 billion ($313 million) in five Japanese consumer businesses over the next three years.

The Greenwich, Connecticut-based firm anticipates focusing on sectors from cosmetics to food, pet care and restaurants that it specializes in, Japan head Toshitaka Shimizu said in an interview. L Catterton has around ¥50 billion in deal capacity with combined equity and debt financing, he said.

Toshitaka Shimizu

Source: L Catterton Asia

Japan’s private equity market has been a standout winner in a region where dealmaking has slowed. Tapping ...