According to a report, L Catterton, a private equity firm focused on consumers, is reportedly thinking of stepping up India for the next two years in a bid to accelerate investments. Not to mention, in 2019 L Catterton also raised a $1.4 billion fund to deploy in Japan, China, and India. Now once again the private equity firm that is backed by LVMH, a French Luxury brand, is looking forward to investing in India for the next two years. However, The PE firm has not made any official statement regarding its plan to accelerate investments in India but a person familiar with the development said on condition being anonymous. If you are scrounging the weblog for any details regarding L Catterton’s next two years’ plans, this article is for you. Kindly take a peek below and unfold more details.
L Catterton To Invest In India For Next Two Years
Recently, the partner and head of India at L Catterton, Anjana Sasidharan said in an interview that the PE firm L Catterton backed by a French luxury brand is currently scouting for opportunities to invest in India across consumer sub-segments. Not to mention, L Catterton is the PE firm that also invested $1.4 billion in 2019 to deploy in India, China, and Japan. However, the head of India at L Catterton, Anjana Sasidharan did not reveal or mention the investment amount but she has made it clear that the company is accelerating to raise funds for the next two years. Shift to the next section and read more details.
The PE firm, L Catterton was founded back in 1989. It has managed around $33 billion of equity capital across private equity, real estate, and credit. Nevertheless, the private equity firm L Catterton has invested in Indian companies so far such as $50 million along with co-investors in Sugar Cosmetics, $250 million along with co-investors in Reliance Jio Infocomm, and $60 million in Drools Pet Food. Anjana Sasidharan, the partner and head of India at L Chatterton said everything is going in favor of India for global investors.
Who is Anjana Sasidharan?
Anjana Sasidharan is a former consultant at McKinsey & Company. She has joined private equity firm L Catterton in its Mumbai office. She has more than a decade of experience. La Catterton has more than $22 billion of equity capital across its funds, therefore, it is one of the largest global private equity firms in the world focused on consumers. She was transferred from Sequoia Capital where she spent nearly ten years.