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Former StriVectin exec to lead new fund that will invest in early-stage beauty businesses.
March 19, 2024
By: Lianna Albrizio
Associate Editor
Private equity firm L Catterton is reportedly tweaking its beauty strategy. The firm—which has invested in The Honest Company, Oddity and Nutrafol, to name a few—recently launched Elevate Beauty, a unit developed within its growth fund dedicated to investing in early-stage beauty businesses. L Catterton’s growth fund is reportedly investing between roughly $15 million to $125 million per deal, according to reports. Past-president of L Catterton-backed skincare brand...
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