Who We Are
Launched in 2003, Lateral Capital is the Early Stage investment business of former Pillsbury Company CEO and long-time Procter & Gamble executive, John Lilly. The first two Lateral Capital funds were all “personal money,” invested in parallel with other interested investors, including Tom Moore and Steve Gold. Lateral Capital III is a partnership with former P&G colleague Jeff Ansell. Lateral Capital IV is structured as a Limited Partnership with 15 senior business executives and Tim Kost as both LP and Managing Director.
For Lateral Capital V, now underway, the objective is to further broaden the base of accredited Limited Partners, to a total of 25-40 LPs and our first institutional investors. For the first time in Lateral Capital V, we will also offer a special program to encourage CEOs in past and present Lateral invested companies to be LPs in the Fund.