# Ballast Point Capital

Ballast Point Capital is a Single Family Office based in Tampa, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Tampa, United States
- **Region:** North America
- **Address:** Tampa, FL, United States
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** ballastpointcapital.com
- **LinkedIn:** https://www.linkedin.com/company/ballast-point-capital

## About

Ballast Point Capital was formed in 2019 by John Theofilos. The firm manages capital generated by Theochem Laboratories, the chemical manufacturing company his father started in 1962, together with later real-estate holdings. John Theofilos serves as Principal & Founder while family members and professional staff execute day-to-day investment and operating decisions. The office deploys capital across public equities, private equity, private credit, hedge funds, derivatives and real estate. It executes direct co-investments and SPVs alongside operating partners and participates across the capital structure. Confirmed holdings include Theochem Laboratories, Psomi Hospitality Group, L’equip and Abril Barret. The firm concentrates activity in North America, with a focus on high-growth secondary and tertiary markets in the Southeast United States. The team comprises nine professionals listed on the firm website. Michael Maniscalco serves as Managing Director, Chief Financial Officer and Chief Investment Officer. Additional offices are not disclosed. August 2025: James C. Theofilos was appointed to the Board of Directors of electroCore, Inc. The family also maintains Theofilos Family Foundation Inc. and supports Shriners Hospital for Children. The family office structure allows direct ownership of operating businesses such as Theochem Laboratories alongside financial assets. This integration of manufacturing operations with investment activity creates a distinct sourcing and execution channel not available to pure financial investors.

## Sectors

- Manufacturing
- Real Estate
- Hospitality
- Luxury

## People

- John Theofilos — Principal & Founder
- Michael Maniscalco — Managing Director, Chief Financial Officer & Chief Investment Officer
- Stephanie Theofilos — General Counsel
- Speros Theofilos — Managing Director, Real Estate

## Questions

### Who runs investment decisions at Ballast Point Capital?

John Theofilos serves as Principal & Founder. Michael Maniscalco acts as Managing Director, Chief Financial Officer and Chief Investment Officer and leads asset allocation and portfolio construction.

### How does Ballast Point Capital source proprietary deal flow?

The firm sources through direct ownership of Theochem Laboratories and relationships built in manufacturing, hospitality and Southeast real estate markets. It also executes co-investments with operating partners.

### Does Ballast Point Capital participate in fund commitments or only direct deals?

The office executes direct and indirect co-investments, SPVs and secondaries. It also maintains allocations to hedge funds and private credit vehicles.

### What investment stages does Ballast Point Capital typically target?

The firm targets distressed, growth, opportunistic and value-add opportunities. It maintains flexibility across the capital structure in both public and private markets.

### Does Ballast Point Capital maintain philanthropic structures?

Yes. The family operates Theofilos Family Foundation Inc. and supports Shriners Hospital for Children along with additional religious and local organizations.

### What is Ballast Point Capital’s known posture on co-investments alongside external GPs?

The firm pursues direct and indirect co-investments with sponsors and operating partners, with flexibility to invest across equity, debt and structured positions.

## Related profiles

- [Baksh Capital](https://altss.com/profile/baksh-capital)
- [Balmoral Australia](https://altss.com/profile/balmoral-australia-oatley-family-office)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/ballast-point-capital-theofilos-family-office

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology