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Farah Khan
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Farah Khan

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At a glance

Full Name
Farah Khan
Title
Managing Partner
Firm
L Catterton (L Catterton Latin America)
Firm Type
Consumer-focused private equity / growth equity firm (not an angel investor)
Investment Stage
Growth equity, strategic minority and control/buyout investments in established, high-growth consumer businesses
Check Size
Not publicly disclosed (institutional PE checks; L Catterton deploys from large flagship and regional funds, well beyond angel/seed scale)
Target Company Profile
High-growth, often profitable consumer businesses — frequently women-led, women-founded, or serving women customers — with proven revenue and expansion potential
Sector Focus
Consumer: retail, DTC brands, consumer products, health/beauty/wellness services, food & beverage, consumer internet
Geographic Focus
Latin America (primarily Brazil and Mexico); earlier career focused on North America
Location
Greater New York City area (L Catterton is headquartered in Greenwich, Connecticut)

Background

Farah Khan is a Managing Partner at L Catterton, the world's largest consumer-focused private equity firm, where she has invested for more than 15 years. She began at the firm working on North American growth equity and buyout investments and now focuses on the firm's Latin America platform, partnering with high-growth consumer businesses across the region. She sits on the boards of several L Catterton Latin America portfolio companies, including OdontoCompany, Espaçolaser, and St. Marche, and previously served on the board of Femme Laboratório da Mulher.

Before L Catterton, Khan was a Vice President at Sandler Capital Management, where she focused on growth equity, leveraged buyouts, and financings of middle-market companies. Earlier she worked at Apax Partners, a global private equity firm, concentrating on growth capital and leveraged buyouts in the retail and consumer-products sectors. She started her career in the Investment Banking Division of Goldman Sachs, covering corporate finance and M&A for retail, media, and technology companies out of both New York and Menlo Park.

Khan graduated Phi Beta Kappa and summa cum laude from Mount Holyoke College (Class of 1998) with a B.A. in Economics and Mathematics, and earned an M.B.A. from the Stanford University Graduate School of Business. She has spoken publicly about mentorship and career development — describing an "expanded definition of mentoring" she calls "my personal advisory board" and noting that "finding your voice is a critical step for success." She is active with LAVCA (the Association for Private Capital Investment in Latin America), including sessions on attracting and retaining female talent, and has championed L Catterton's deliberate strategy of backing businesses that are women-led, women-founded, or that target women customers.

Investment Thesis & Focus

  • Invests in established, high-growth consumer businesses in Latin America — not early-stage/seed; these are growth-equity and control/buyout deals from institutional PE funds.
  • Sector emphasis on retail, DTC brands, consumer health/beauty/wellness services, food & beverage, and consumer internet.
  • Strong, deliberate focus on companies that are women-led, women-founded, or serve women customers — L Catterton's Latin America portfolio has aimed for a woman founder, C-suite executive, or board member across its holdings.
  • Values partnership with proven founder-operators (e.g., backing OdontoCompany alongside founder Dr. Paulo Zahr and franchising operator José Carlos Semenzato, who had earlier partnered with L Catterton on Espaçolaser).
  • On institutional partners: "IFC as an investor in our fund is a tremendous voice for us… IFC has been proactive in helping us find financing solutions for our middle-market businesses in Latin America" — signaling a focus on middle-market companies needing growth and financing support.

Notable Investments

  • Ben & Frank — Mexican DTC eyewear brand; L Catterton Latin America led an initial strategic investment in October 2021 and made an additional investment in April 2023.
  • OdontoCompany — Brazilian dental services/franchise network; received a significant investment from L Catterton Latin America (announced 2019). Khan serves on the board.
  • Espaçolaser — Brazilian laser hair-removal franchise chain; L Catterton portfolio company where Khan serves as a board member.
  • St. Marche — Brazilian premium grocery/supermarket chain; Khan serves on the board.
  • Femme Laboratório da Mulher — Brazilian women's diagnostic/health-lab business; Khan was a former board member.
  • Other L Catterton Latin America holdings (firm-level, region she covers): NotCo, Petlove, Despegar.com, Cholula, Grupo MYT, and CantuStore.

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