French billionaire Bernard Arnault’s private equity firm L Catterton has led an $800 million investment in Flexjet, the world’s second-largest private jet company. The funding will enable Flexjet to expand its luxury services and offer more exclusive experiences for its high-end clients. L Catterton, backed by Arnault, is joined by affiliates of KSL Capital Partners and the J. Safra Group in the investment round.
Source: https://www.bloomberg.com/news/articles/2025-07-21/bernard-arnault-s-firm-leads-800-million-investment-in-flexjet