By  on April 16, 2012

Whoever said “where there’s smoke, there’s fire” knew nothing of the private equity market.


LVMH Moët Hennessy Louis Vuitton–backed investment vehicle L Capital Management, which specializes in midmarket fashion and lifestyle brands, is a case in point. Barely a week goes by without the firm being linked in the press or by rumor mills to this or that company.

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