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Point Judith Closes Fund II

Point Judith Capital of Providence, R.I. has closed its second early-stage VC fund with $73 million in capital commitments from LPs like Tudor Investment Corp. In related news, Point Judith announced that Sean Marsh has joined the firm as a fulltime general partner. He previously had been listed as a Point Judith GP, but only via his role as a general partner with Point Judith affiliate Village Ventures. He will take the place of Point Judith co-founder Dave Mixer, who has transitioned into a part-time role in order to focus on a new effort called China Merchants Hidden Jade Partners.