Michael Chu (private equity investor)

Last updated
J. Michael Chu
Born
James Michael Chu

(1958-07-05) July 5, 1958 (age 67)
EducationBA in Psychology and Economics
Alma mater
OccupationPrivate equity executive
TitleGlobal Co-CEO, L Catterton
SpouseElizabeth 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]

Contents

Early life

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]

Career

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]

Personal life

Chu is married to Elizabeth Kalperis Chu [11] and they have two adult children.[ citation needed ]

References

  1. 1 2 "Bates College Receives $10 Million Gift from Elizabeth Kalperis Chu '80 and J. Michael Chu '80". Bates College. 11 July 2016. Retrieved 17 December 2025.
  2. "J. Michael Chu: Executive Profile & Biography". Businessweek. Bloomberg L.P. Retrieved August 14, 2017.
  3. 1 2 Picker, Leslie (January 5, 2016). "LVMH's Private Equity Arm to Merge With Catterton". The New York Times. Retrieved November 22, 2018.
  4. 1 2 "L Catterton Asia Acquisition Corp. (Form 424B4)". U.S. Securities and Exchange Commission. Retrieved 17 December 2025.
  5. 1 2 "J. Michael Chu: Executive Profile". www.bloomberg.com. Retrieved November 20, 2018.
  6. Taylor, Alexander (July 16, 1984). "Buyout Binge". Time. ISSN   0040-781X . Retrieved November 15, 2018.
  7. Hirsch, Lauren (5 January 2016). "LVMH, Catterton and Groupe Arnault partner for investments". Reuters. Retrieved 17 December 2025.
  8. "PEI 300 full report" . Retrieved November 15, 2018.
  9. "PEI 300 2022: KKR beats the crowd to claim PE’s throne". Private Equity International, June 1, 2022.
  10. "PEI 300". Private Equity International, June 1, 2022.
  11. "Bates announces $10 million gift from Elizabeth Kalperis Chu '80 and Michael Chu '80 to name new residence halls". News. 2016-10-28. Retrieved 2024-06-04.