Happi Staff06.15.20
True Beauty Capital—founded earlier this year by Richard Gersten to focus investments exclusively in the beauty, wellness and personal care industry—has reportedly started a new fund to focus on small equity investments in the sector. According to reports from Yahoo Sports and WWD, True Beauty Ventures will invest up to $5 million in businesses with at least $2 million in revenue.
In addition, reports cite that Cristina Nuñez, an executive from Clark’s Botanicals, will lead the new venture.
Gersten was a partner at North Castle from 1999 to 2007.
In addition, reports cite that Cristina Nuñez, an executive from Clark’s Botanicals, will lead the new venture.
Gersten was a partner at North Castle from 1999 to 2007.