Bullpen sets target of $50 mln for second fund

Bullpen Capital has set a $50 million target for its second fund, according to a filing with the Securities and Exchange Commission. The filing is dated Friday and says that the fund – Bullpen Capital II – has so far not had a first close.

An initial 2012 filing for the fund lists the target at $35 million. Bullpen’s first fund was $10 million, according to Thomson Reuters (peHUB publisher).

Friday’s filing can be found here. The 2012 filing is here.