The Private Equity team advised Left Lane Capital in connection with the formation of its second fund, Left Lane Capital Partners II LP (Fund II), with $1.4 billion in commitments, exceeding its initial target of $1 billion. Within two years, Left Lane has raised over $2 billion of committed capital to invest in high-growth, high-retention internet and consumer technology businesses around the world. Fund II represents more than double the amount raised for Fund I, which had $630 million in commitments, exceeding its original target of $500 million.
Left Lane Capital is a leading New York-based global venture capital firm investing in high-growth internet and consumer technology companies. Left Lane's mission is to partner with extraordinary entrepreneurs creating category-defining businesses fundamental to the human condition and spirit. Previous investments include GoStudent, Masterworks, M1 Finance, FightCamp, Wayflyer, Blank Street, and more. Left Lane's team works across its Brooklyn-based headquarters and London.
The Goodwin team was led by Eric Goldstein and Ilan Nissan and included Bill Weiss, Matthew Dunay, and Benjamin Anderson.
For additional details on the closing, please read the press release.