SJ Berwin Reps French PE Firm On $525M Fund Closing

Law360, New York (March 2, 2012, 1:59 PM EST) -- French private equity firm L Capital Management SA has closed its third fund with capital commitments of more than $525 million, exceeding the firm's goal of $462 million in commitments, L Capital announced Friday.

The fund, L Capital 3 FCPR, will invest in midmarket European lifestyle-branded companies and select retail firms, L Capital said. The fund will look to invest in between 10 and 15 companies with enterprise values of up to $525 million.

The exact date of the fund closing was not announced. Officials at...
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