L Catterton raises $277m across two funds for RMB platform

L Catterton raises $277m across two funds for RMB platform

FILE PHOTO: Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo

American private equity firm L Catterton has secured commitments worth around 2 billion yuan ($277.3 million) across two funds for its RMB platform, DealStreetAsia has learnt.

Edited by: Joymitra Rai