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.comDON'T MISS OUT! Meet new and diverse managers in private equity, venture capital and real estate at the third Emerging Manager Connect East at New York City's Harvard Club. CLICK HERE FOR DETAILS!