Michael Chu (private equity investor)

James Michael Chu (born July 5,1958) is an American financial businessman. He has been the private equity manager and co-chief executive officer (CEO) of L Catterton since 1989.[1][2]

Michael Chu
BornJuly 5,1958
EducationBates College (BA)
OccupationFinancial businessman
SpouseElizabeth Kalperis

Early life

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Chu graduated from Bates College in Lewiston, Maine in 1980, earning a bachelor's degree with majors in psychology and economics. At Bates, he was a member of the board of trustees from 1995 to 2013.[3]

Career

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Chu held a variety of senior financial management positions with The First Pacific Company, a Hong Kong publicly listed investment and management company which he joined in early 1983.[3] He founded Catterton-Simon Partners in 1982 with Frank Vest and U.S. Secretary of the Treasury William E. Simon.[4] In 2015, Catterton Partners took on as minor partners Moët Hennessy Louis Vuitton (LVMH) and Groupe Arnault (the family office of Bernard Arnault, bringing together $12 billion in assets as L Catterton.[2] In May 2018, his firm was listed as the 31st largest private equity firm in the world, based on capital raised over the prior five years.[5] In June 2022, L Catterton were ranked 30th in Private Equity International's 2022 PEI 300 ranking.[6][7]

Personal life

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Chu is married to Elizabeth Kalperis Chu[8] and they have two adult children.[citation needed]

References

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  1. ^ "J. Michael Chu: Executive Profile & Biography". Businessweek. Bloomberg L.P. Retrieved August 14, 2017.
  2. ^ a b Picker, Leslie (January 5, 2016). "LVMH's Private Equity Arm to Merge With Catterton". The New York Times. Retrieved November 22, 2018.
  3. ^ a b "J. Michael Chu: Executive Profile". www.bloomberg.com. Retrieved November 20, 2018.
  4. ^ Taylor, Alexander (July 16, 1984). "Buyout Binge". Time. ISSN 0040-781X. Retrieved November 15, 2018.
  5. ^ "PEI 300 full report". Retrieved November 15, 2018.
  6. ^ "PEI 300 2022: KKR beats the crowd to claim PE’s throne". Private Equity International, June 1, 2022.
  7. ^ "PEI 300". Private Equity International, June 1, 2022.
  8. ^ "Bates announces $10 million gift from Elizabeth Kalperis Chu '80 and Michael Chu '80 to name new residence halls". News. 2016-10-28. Retrieved 2024-06-04.