Bullpen Capital has raised additional capital for its third fund, bringing total commitments to $83.6 million, according to a filing with the SEC.
The firm in December had announced the oversubscribed fund raised $75 million. The fund is a substantial step up from the Bullpen’s $31 million second fund from 2013 and allows the firm to put more money to work in its post-seed deals.
The fund has drawn first-time backers Venture Investment Associates and Oberlin College, along with return investor Greenspring Associates.
The filing can be found here.DON'T MISS IT! Now in its 10th year, PartnerConnect Midwest is bringing you 300 attendees, over 400 private ExecConnect meetings between LPs and GPs, and three insightful tracks including Buyouts Funds, Buyouts Deals and Co-Investments. REGISTER TODAY!