Ballast Equity Partners

Ballast Equity Partners is a Providence-based investment firm specializing in secondary transactions within the venture capital and growth equity markets. Founded in 2022, the firm provides tailored liquidity solutions for stakeholders in privately held, venture-backed companies and venture capital funds. Their services are designed to support founders, early employees, and investors seeking liquidity options without requiring a full company exit.

The firm offers flexible investment structures, including the purchase of limited partner interests in funds, direct secondary stakes in companies, and customized liquidity programs. Ballast’s investment approach is both sector-agnostic (excluding biotechnology) and stage-agnostic, with transaction sizes typically ranging from $500,000 to $5 million for company interests and $1 million to $20 million for fund interests. Importantly, Ballast operates as a passive investor, refraining from board participation or active management, which allows them to be a discreet and accommodating partner.

In late 2023, Ballast Equity Partners announced a first close of $78 million for its debut fund, aiming for a $100 million target. Finalyy, it raised US$93 million in May 2025. With backing from notable institutional investors like the State of Wisconsin Investment Board, Ballast is well-capitalized to meet the liquidity demands of the evolving venture ecosystem. Led by seasoned professionals with expertise in venture investing and fund underwriting, the firm stands out as a reliable, responsive player in secondary market transactions.