Lake Street Capital is a leader in the secondary direct market. They are focused on acquiring venture capital, buyout and other private equity positions from existing investors (â€œSecondary Directsâ€). The Firm focuses primarily on the technology and business services industries and has acquired positions from major corporations, financial institutions, founders and other institutional investors.
Lake Street Capital (“LSC”) targets investments in late stage companies with growing businesses and strong business models. The firm has led spin-outs of entire portfolios and also provided liquidity on individual positions. Transaction sizes range from $1 million to over $50 million.
Founded in 2003, LSC is one of the largest firms focused on the Secondary Direct market. LSC currently manages two funds with over $400 million of invested capital in over 100 companies across diverse industries, locations, and stages of development. Headquartered in San Francisco, Lake Street Capital is funded by institutional investors.
|Silicon Genesis||8/07||Series A||$23M||6|
|Sequence Design||12/05||Venture Round||$5.3M||7|
|Frictionless Commerce||2/05||Venture Round||$6.2M||4|