L Catterton Latin America IV

Summary of Anticipated Development Impacts

Expand access to growth risk capital for consumer businesses: With businesses in Latin America constrained in their access to adequate capital, LCLA IV is expected to facilitate access to growth capital for consumer‑facing businesses across Latin America, supporting business expansion and job creation. Portfolio companies are expected to expand distribution networks and customer reach across several sectors that represent major drivers of GDP and domestic demand in the region, including food and beverage, health and wellness, financial services, consumer brands and retail.

The Fund Manager has a track record in investing in companies that offer access to affordable health and financial services mainly for women

Support women’s business ownership, leadership, and decent employment: The Fund Manager has a proven track record in gender‑lens investing with 50% of its portfolio companies’ women‑owned or led and women representing over 48% of employees across the portfolio, outperforming regional norms in Latin America where women remain underrepresented in the workforce relative to men and in senior and middle management roles. The Fund Manager provides training, mentorship and leadership support to female executives and works with portfolio companies to obtain B Corp certification and implement ESG Action Plans covering diversity and inclusion.
Improve equal access to consumer goods and services for women: Demonstrating a gender responsive product and service focus, the Fund Manager’s strategy includes investments that primarily serve women consumers, who are responsible for the majority of household purchasing decisions. The Fund Manager has a track record in investing in companies that offer access to affordable health and financial services mainly for women, such as Femme and Crediclub.
2X‑Qualification: Building on the legacy of its predecessor fund, LCLA III — a 2X Flagship fund — this transaction continues LCLA’s commitment to gender equality and is 2X qualified under both the Employment criterion (44% women in the Fund Manager’s staff) and the Portfolio criterion (50% of portfolio companies committed to 2X alignment by the end of the Fund’s life).