L Catterton Seeks Nearly $7.8bn for New Funds

L Catterton Seeks Nearly $7.8bn for New Funds

Consumer-focused private-equity firm L Catterton, which has backed brands like Kodiak Cakes and Birkenstock, is pitching its latest buyout fund to investors with the aim of raising $6.5bn, according to people familiar with the matter. The Greenwich, Conn.-based firm...