LVMH-backed L Catterton to buy Japan investment adviser

Business dealsPrivate equity firm aims to meet more diverse demand with Financial StandardL Catterton plans to acquire a majority of Financial Standard shares by October. (Source photos by L Catterton, Nikkei)YASUHA MINAMI and SHOGO FURUTAAugust 21, 2026 02:01 JSTTOKYO -- U.S. private equity firm L Catterton will acquire major Japanese financial advisory Financial Standard to answer rising demand for advising wealthy individuals as the industry reshuffles amid higher operating costs, Nikkei has learned.