GREENWICH, Conn.— L Catterton, the largest consumer-focused private equity firm in the world, today announced that it has closed its eighth flagship buyout fund, L Catterton Partners VIII, L.P., at $2.75 billion, including commitments from Limited Partners and the General Partner of L Catterton. The substantially oversubscribed fund received strong support from existing investors as well… Read more »
Plant-based food and beverage private equity firm Powerplant Ventures today announced the closing of a $42 million fund. The fund is led by Mark Rampolla, founder of ZICO Coconut Water, Kevin Boylan and T.K. Pillan, co-founders of the Veggie Grill restaurant chain, and Dan Beldy, former Managing Director of Steamboat Ventures (the venture capital division of Disney).