Neuberger Berman led a $125m Series C round in Savage X Fenty.

Neuberger Berman led a $125m Series C round in Savage X Fenty, with participation from L Catterton, Avenir, Sunley House Capital, Advent International, Marcy Venture Partners, LionTree, ACME Capital, Abu Dhabi Growth Fund and Multiply Group. The latest funding will support the fashion company’s foray into brick-and-mortar retail, plans to expand overseas and the launch of new product lines. The Series C announcement coincides with the highly anticipated opening of Savage X Fenty’s first boutique at the Fashion Show Mall on the Las Vegas Strip.