Form D · Other Investment Fund

Lateral Capital V, LP

Sarasota, FL · CIK 0001771121

Offering snapshot reported Apr 10, 2020 · SEC filing

Reported sold: $6.98M
Investors reported: 36
Minimum accepted: $0
First sale: Mar 16, 2019

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$200,000 → $6,980,000
Reported investors2 → 36

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Apr 10, 2020	Amendment	$6,980,000	$6,780,000vs Mar 27, 2019	36	SEC filing
Mar 27, 2019	Initial	$200,000	No comparison	2	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-335822

Source: Form D, filed Apr 10, 2020. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

LATERAL CAPITAL V, L.P.

Investment adviser: LATERAL CAPITAL ADVISORS, LLC

Gross asset value: $7.14M
Beneficial owners: 35
ADV minimum commitment: $50K

Reported in Form ADV on Mar 29, 2024. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Custodian MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED CINCINNATI, Ohio, United States Related to adviser: No

Provider details

Annual audit: No
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: No
External marketing: No

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEC 8-7221

Filing source

Form ADV 1858066 · Mar 29, 2024 · Schedule D 7.B.(1), fund 805-5068994394

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Lateral Capital IV, L.P.	Jan 20, 2017	$500,000	2
Lateral Capital V, LP (this fund)	Apr 10, 2020	$6,980,000	36
Lateral Capital VI, LP	Feb 17, 2022	$7,950,000	42

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Timothy J. Kost	Executive, Promoter
N/A Lateral Capital Advisors, Llc	Executive, Promoter
N/A Lateral Capital V General Partner, Llc	Executive, Promoter
John N. Lilly	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1500 State Street Suite 201
Sarasota, FL, 34236