J. Michael Chu | |
|---|---|
| Born | James Michael Chu July 5, 1958 |
| Education | BA in Psychology and Economics |
| Alma mater |
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| Occupation | Private equity executive |
| Title | Global Co-CEO, L Catterton |
| Spouse | Elizabeth Kalperis Chu [1] |
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. [2] [3]
Chu graduated from Bates College in Lewiston, Maine in 1980, earning a bachelor's degree in psychology and economics with highest honours. [4] At Bates, he was a member of the board of trustees from 1995 to 2013. [5]
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. [5] He founded Catterton-Simon Partners in 1982 with Frank Vest and U.S. Secretary of the Treasury William E. Simon. [6] 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. [3] [7] 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. [8] In June 2022, L Catterton were ranked 30th in Private Equity International's 2022 PEI 300 ranking. [9] [10]
Chu is a member of the Committee of 100 (a Chinese-American leadership and philanthropic organization). [4]
In 2016, Chu and his wife made a $10 million gift to Bates College, supporting the creation of a professorship and other initiatives at the institution. [1]
Chu is married to Elizabeth Kalperis Chu [11] and they have two adult children.[ citation needed ]