2025 LC Academy Program

With approximately $35 billion of assets under management across nine fund strategies and 17 offices globally, L Catterton is the largest consumer-focused private equity firm in the world. Leveraging deep category insight, operational excellence, and a broad network of strategic relationships, L Catterton’s team of nearly 200 investment and operating professionals parters with management teams to drive differentiated value creation across its portfolio. Since 1989, the firm has made over 250 investments, such as Ainsworth, Bartaco, Birkenstock, Cholula, Equinox, Jio, Kodiak, Kopari, Ole & Steen, Peloton, Pinarello, Restoration Hardware, Rhone, The Honest Company, Tonal, Tula, and Zarbee’s.

L Catterton is characterized by:

• A 35-year history of consumer growth investing in distinctive companies within attractive and targeted consumer categories of interest.
• Consistent and attractive risk-adjusted investment returns across all economic cycles.
• Highly differentiated deal sourcing capabilities, with a majority of the firm’s investments completed on a proprietary basis.
• Unmatched global reach and capabilities across geographies.
• An active approach to portfolio value-creation driven by an operating-centric ethos and supported by a dedicated team of operating professionals alongside a well-developed ecosystem of external resources

L Catterton’s fund strategies include:

• Flagship Buyout: Investments of $250-500mm+ in North American and Global consumer growth companies and iconic brands.
• Growth: Investments of $10-125mm in North American and European early-to-late stage consumer growth companies.
• Impact: Investments in early-to-late stage impact-oriented consumer growth companies.
• Latin America: Investments of $40-75mm+ in Latin American middle-market consumer growth companies.
• Europe: Investments of €30-80mm in Western European middle-market consumer growth companies.
• Asia: Investments of $25-150mm in Asian consumer growth companies.
• RMB: Investments of ¥30-100mm in Chinese high-growth consumer companies.
• Real Estate: Investments in global mixed-use projects anchored by luxury retail.
• Private Credit: Investments primarily in senior secured debt of private equity-backed, middle market consumer companies.

PROGRAM OVERVIEW & RESPONSIBILITIES

The Program aims to provide undergraduate seniors with an opportunity to further their understanding of consumer investing and the Private Equity industry overall through a week-long, on-site experience.

Program components and responsibilities include:

• Exposure to fundamental investing concepts and skills while deepening your understanding of the consumer industry, the various L Catterton investment strategies, and our categorical investment approach
• Connecting with both senior and junior employees to learn more about their roles, experiences, and diverse backgrounds
• Shadowing Investment Associates to gain exposure to deal processes and portfolio company work
• Working together with your fellow LC Academy participants on a group project to apply what you’ve learned

QUALIFICATIONS

• The LC Academy was created to help under-represented groups in financial services consider a career in Private Equity and is open to those who have accepted an offer to join an investment bank or a consulting firm as a full-time Analyst commencing Summer 2025
• Expected graduation date between December 2024 and June 2025
• Self-starter with a willingness to learn
• Outstanding communication skills
• Exceptional integrity, professionalism, and character
• Demonstrated interest in consumer industry is a plus
• Minimum overall GPA of 3.5
• Available to attend the full Program in-person at our headquarters in Greenwich, CT the week of January 6, 2025. Travel accommodations may be provided where necessary.
• Application including resume and personal statement (200-300 words) addressing one of the following two prompts to be submitted in a combined PDF through the L Catterton Website by Sunday, October 6th: What you hope to have accomplished by the end of the Program or Tell us about a formative experience and the impact it had on you.

Program participants will be eligible to receive a $1,500 grant and a $500 charitable donation in their name to a nonprofit organization of their choosing upon successful completion of the Program.