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...
JFK Airport set for $9.5bn Carlyle-backed redo

JFK Airport set for $9.5bn Carlyle-backed redo

New York Governor Kathy Hochul announced a $9.6bn revamp of John F. Kennedy International Airport on Monday as part of the transformation of one of New York’s busiest airports. The terminal will be 2.1 million square feet on the current footprint of terminals 1, 2,...