Grow across markets and channels
- Identify distributors, retailers and strategic customers
- Support market entry, local set-up and recruitment
- Open doors in China through our local team
ProofJuliette has a Gun: Tmall in China, Sephora in the US.
Consumer Care

01Cathay at a glance
Group figures as of 30 September 2025. 80+ covers Cathay portfolio companies across all sectors; Cathay's role varies by transaction.
02What we bring
ProofJuliette has a Gun: Tmall in China, Sephora in the US.
ProofMoose Knuckles: CFO, CTO, Head of Retail and Head of China hired; direct sales up 300%+.
ProofHavea: 6 bolt-ons in 5 years across five countries.
Corporate ecosystem
L'Oréal-Cathay Future Beauty Fund (RMB 1bn) and close ties across Europe and China.



03Track record
Current investmentNiche fragrance, France. Tmall launch in the top 3 of high-end fragrance; growth with Sephora in the US. Held today.
Natural consumer health, France. Six bolt-ons and expansion across European markets. Exited.
Current investmentSun care and cosmetics, China. Cathay led the RMB 200m+ Series A of the China business. Held today.
Current investmentOuterwear brand. CFO, CTO, Head of Retail and Head of China hired with Cathay's support.






Selected current and former investments. Consumer track record from the Cathay deck (September 2025); company figures from company and press releases, results during our holding. Cathay's role varies by transaction. Past performance is not indicative of future results.
04The team

Vice President · Cathay Capital Private Equity
Paris
PhD in onco-haematology; 7 years in life-sciences and consumer strategy. Science-driven beauty technologies: biopolymers, microneedling, exosomes, microfluidics; beauty and medical-aesthetics work across brands and CDMOs.
Worked with: Vivacy, Novuma, PRX, Skintech, HTL, HI5, Lifecore.

Co-Founder & Managing Partner
Paris
30+ years of private equity, including 15+ at Cathay Capital. Digital consumer and consumer care across growth, buyout and international expansion; formerly at Siparex.

Investment Director
Paris
8 years at Cathay across consumer, beauty, consumer health and pet care. Board member of Juliette has a Gun and Avelia; previously M&A at Canaccord Genuity.

Associate
Paris
At Cathay since 2022 in consumer and tech, growth and buyout. Board observer at Juliette has a Gun, Wedia and Shiro Games; previously Citi investment banking and M&A in Shanghai.
We back European consumer brands and open the US and China to them.
05What we look for
Open to other consumer businesses with a clear growth plan.
06Contact
allan.beke@cathay.fr