L Capital 3
L Capital 3 is a private equity fund organized in France and advised by L Catterton Europe. Its adviser reported $63,694,469 in gross assets for the fund on Form ADV, filed Jul 15, 2024. It reported 60 beneficial owners, about 85% of it owned by non-U.S. persons. The minimum investment it accepts is $5,000,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers.
- Gross assets
- $63,694,469As reported on Form ADV
- Beneficial owners
- 60
- Minimum investment
- $5,000,000
- Who can invest
- Qualified purchasersSection 3(c)(7)
- Fund type
- Private equity fund
- Domicile
- France
- Auditor
- Ernst & Young Et Autres
- Custodian
- Caceis Bank France
- Adviser
- L Catterton Europe · Paris, France · CRD 162124
- Reported on
- Jul 15, 2024Adviser's Form ADV
From SEC filings, not verified. This information is republished from the adviser's Form ADV (Schedule D, Section 7.B.(1)) in the SEC's public Form ADV data, which currently runs through filings made by Dec 26, 2024. Figures are as of the adviser's filing and may have changed since. It is not an offer, solicitation or recommendation, AltMountain has not reviewed the fund, and gross assets are not performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about L Capital 3
What is the minimum investment for L Capital 3?
According to its adviser's Form ADV filed Jul 15, 2024, the minimum investment L Capital 3 accepts is $5,000,000.
Who can invest in L Capital 3?
L Capital 3 is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7).
How large is L Capital 3?
Its adviser reported $63,694,469 in gross assets on Form ADV filed Jul 15, 2024. Gross assets include borrowed money and are not the same as net assets or performance.
Who manages L Capital 3?
L Capital 3 is advised by L Catterton Europe, based in Paris, France.
Who are L Capital 3's service providers?
Its Form ADV lists Ernst & Young Et Autres as auditor.