<p>L Catterton VIII will invest between $60 million and $500 million in middle-market consumer companies in North America and Europe.</p> <p>L Catterton&rsquo;s previous buyout fund closed in September 2013 at $1.68 billion. No data was available on the performance of Catterton Partners VII L.P.</p> <p>According to the consumer-focused private equity firm, which was formed this year through the merging of Catterton, LVMH and Groupe Arnault, L Catterton is now managing more than $14 billion in equity capital as a result of the latest fund-closing.</p>