L Catterton Starts India Unit With Ex-Unilever Veteran Mehta – Bloomberg

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Sanjiv Mehta
L Catterton, backed by French luxury group LVMH Moet Hennessy Louis Vuitton SE, is launching a new vehicle to invest in Indian consumer-sector companies as it increases the focus on the fastest-growing major economy in the world.
The Greenwich, Connecticut-based firm has partnered with Sanjiv Mehta, a former Unilever Plc. executive, to launch the investment unit focusing on consumer sector, the company said in an emailed statement on Thursday. Mehta had worked at the London-based consumer goods giant for almost three decades and led its businesses in South Asia for years.

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