×
1 678
Fashion Jobs
LEVI'S
Full-Time Sales & Merchandising Supervisor, Levi’s®, Sherway Gardens, Canada
CDI · Toronto
TJX CANADA
Loss Prevention Store Investigator -Scarborough - York - Richmond Hill
CDI · Mississauga
TJX COMPANIES
Senior IT Security Vulnerability Analyst
CDI · Mississauga
NORDSTROM
Asset Protection - Agent - One Bloor Rack
CDI · Toronto
TJX CANADA
District Manager, Gta
CDI · Mississauga
TJX CANADA
Loss Prevention, Store Investigator - Gta
CDI · Mississauga
TJX CANADA
Loss Prevention Regional Orc Investigator - Calgary
CDI · Calgary
L'OREAL GROUP
Project Coordinator - Merchandising And Education
CDI · Montréal
ESTÉE LAUDER
Associate Consultant - Clinique - Halifax, ns
CDI · Halifax Regional Municipality
TJX CANADA
Summer Term Finance Analyst cO-Op
CDI · Mississauga
ESTÉE LAUDER
Consultant - Clinique - 28 Hrs - Hudson's Bay Market Mall - Calgary, ab
CDI · Calgary
ESTÉE LAUDER
Consultant - Clinique - 28 Hrs - Hudson's Bay Market Mall - Calgary, ab
CDI · Calgary
ADIDAS
Director of Sales - Adidas Golf
CDI · Vaughan
TJX CANADA
Distribution Services Purchasing Specialist
CDI · Mississauga
TJX CANADA
Loss Prevention Store Investigator - Vancouver
CDI · Vancouver
TJX CANADA
Buyer ii
CDI · Mississauga
TJX CANADA
Loss Prevention Systems Remote Investigator
CDI · Mississauga
L'OREAL GROUP
Key Account Manager - Vancouver
CDI · Vancouver
ESTÉE LAUDER
Manager, Finance & Business Management
CDI · Toronto
ZARA
Operations Manager, Zara Halifax
CDI ·
TJX CANADA
Loss Prevention Customer Service Agent -Gta
CDI · Mississauga
ESTÉE LAUDER
Manager, Marketing - jo Malone London
CDI · Toronto
By
Reuters API
Published
Jul 16, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Louis Vuitton-backed L Catterton exploring public listing

By
Reuters API
Published
Jul 16, 2021

L Catterton, the private equity firm backed by French billionaire Bernard Arnault and luxury goods empire Louis Vuitton Moet Hennessy, is exploring options to go public, according to people familiar with the matter.


Photo: Shutterstock



L Catteron's deliberations come as the shares of publicly listed private equity firms are hovering at record highs.

Peers TPG and Bridgepoint Group are preparing for stock market debuts, while Owl Rock Capital Group and Dyal Capital Partners went public in May in a three-way merger with a special purpose acquisition company (SPAC).

L Catterton has held discussions with investment banks in recent weeks to evaluate its potential options, which could include an initial public offering or a SPAC merger, the sources said.

The sources cautioned that discussions are at an early stage and no final decision has been made.

They spoke on condition of anonymity because the deliberations are confidential.
L Catterton declined to comment.

Headquartered in Greenwich, Connecticut, L Catterton manages more than $28 billion in assets. It was created in 2016 as a joint venture between consumer-focused private equity firm Catterton, Louis Vuitton owner LVMH and Groupe Arnault, Arnault's family holding.

It has been a prolific investor and acquirer of luxury consumer businesses, such as German footwear brand Birkenstock and upscale fitness brands Equinox and Peloton Interactive Inc. It has invested in more than 200 retail businesses.

Several of its portfolio companies are currently evaluating options to go public or have gone public over the past year, including Honest Co, founded by Hollywood actress Jessica Alba.

The shares of publicly listed managers of assets such as private equity have soared in recent months, as the stock market rally boosted the value of their holdings and low interest rates allowed them to use cheap debt to juice returns on their deals.
 

© Thomson Reuters 2022 All rights reserved.