Michael Chu | |
---|---|
Born | July 5,1958 |
Education | Bates College (BA) |
Occupation | Financial businessman |
Spouse | Elizabeth Kalperis |
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]
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]
Chu held various 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]
Chu is married to Elizabeth Kalperis Chu [8] and they have two adult children.[ citation needed ]