May 22, 2020
The International Finance Corporation (IFC) has announced a $26 million investment in a private equity fund run by US investment management firm L Catterton.
The fund, called L Catterton Latin America III, or LCLA III, will invest in consumer companies and women-owned businesses in Latin America with a focus on Brazil, Colombia and Mexico, IFC said in a press release on Thursday.
LCLA III has already made its first investment in a dental company in Brazil that provides services to lower middle c
Multilateral lender gives $25 mln for L Catterton to provide capital for mid-sized businesses in Brazil, Colombia and Mexico