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(Reuters) - L Catterton, the private equity firm backed by French billionaire Bernard Arnault and luxury goods empire Louis Vuitton Moet Hennessy, is exploring options to go public, according to people familiar with the matter.
FILE PHOTO: Bernard Arnault, Chief Executive Officer of LVMH Moet Hennessy Louis Vuitton SE, attends the company s shareholders meeting in Paris, France, April 18, 2019. REUTERS/Benoit Tessier/File Photo
L Catteron’s deliberations come as the shares of publicly listed private equity firms are hovering at record highs.
Peers TPG and Bridgepoint Group are preparing for stock market debuts, while Owl Rock Capital Group and Dyal Capital Partners went public in May in a three-way merger with a special purpose acquisition company (SPAC).
EXCLUSIVE Louis Vuitton-backed L Catterton explores public listing -sources
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