Bart Foster

Managing Partner
L Capital*
San Francisco | +1 650-544-5662

Bart is the Co-Founder and Managing Partner of L Capital, the private equity investment affiliate of The Lancer Group. He is an experienced private equity investor and operating partner, having led or co-led more than 25 private equity transactions and business transformations. In aggregate, he has invested more than $360 million in equity capital in the technology industry.

Prior to L Capital, Bart was the operating partner responsible for software investments at Marlin Equity Partners. Previously, he led successful investments and business transformations in partnership with leading private equity firms, including: Francisco Partners, Battery Ventures, Golden Gate Capital, Warburg Pincus, and TCV. Bart has served as chairman of five companies with annual revenue ranging from $20 million to $650 million. Bart began his career as a strategy consultant for Booz, Allen & Hamilton and worked as an executive in the technology industry for ten years including executive roles at Oracle, Informatica, and CrossWorlds Software.

Bart received a master’s degree in business administration from Harvard Business School (with distinction) and bachelor’s degrees from Stanford University in Economics and Political Science.

* L Capital is an independent business and is not managed nor owned by The Lancer Group. L Capital and its affiliated entities (including L Capital LLC, L Capital GP LLC and it affiliated investment partnerships) are managed and owned by Bart Foster, Simon Francis and their respective members and/or limited partners.

Robert Noakes