Ballast Point Ventures Secures $140 Million


Ballast Point Ventures has secured $140 million in limited partner commitments for its second fund, according to a regulatory filing. It has a total target of $150 million. The St. Petersburg, Fla.-based firm raised around $53 million for its debut fund in 2003, with Raymond James as its lead investor. www.ballastpointventures.com

Fundraising? Then you don’t want to miss EMERGING MANAGER CONNECT in NYC on Jan. 24. This event is packed with 100+ LPs managing more than $45 billion devoted to emerging managers combined. Details are here: http://bit.ly/2ed5fcM

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