The Ballast Rock Asset Management and Acronym Venture Capital* teams recently attended the Venture Atlanta 2024 conference.

We are pleased to announce the launch of the second close for the BR AVC Growth Fund, which is a diversified fund investing growth equity in later stage (Series B or later) venture capital portfolio companies.

The launch of the latest Sunbelt fund (SB3) will continue Ballast Rock Real Estate’s focus on workforce multifamily in the U.S. Southeast.

As we look forward to the year ahead, Danielle Miner takes the opportunity to highlight some of the notable wins for the Sunbelt Properties team in 2023.

Ballast Rock sponsored the Memminger Fun Run this year. Children, parents and staff all had a wonderful time and, most importantly, the PTO raised close to $30,000 in much needed funds from both sponsors, like Ballast Rock, and through the community's own fundraising efforts.

This year we established the Ballast Rock Foundation as the vehicle for our organization's charitable giving. The mission of the foundation is to help alleviate housing insecurity in all its forms while providing transparency to donors.

Ballast Rock Group will internally reorganize to create distinct asset management and broker-dealer divisions to support its private equity, real estate, and venture capital offerings.