Fort Point Capital Partners

Fort Point Capital Partners

Fort Point Capital Partners operates from San Francisco as a specialized manager in the private credit ecosystem. The firm's primary vehicle is a fund-of-funds structure targeting venture debt, a strategy that lends to venture-backed companies typically too early or unprofitable for traditional bank financing. By aggregating commitments across multiple underlying venture debt managers, Fort Point spreads default risk and sector concentration. Its acquisition of Cypress Point Capital Management, a registered investment advisor, expanded its platform to include wealth and asset management services alongside the institutional fund-of-funds business. The firm focuses exclusively on the venture debt segment within private credit. Venture debt managers provide loans to startups backed by venture capital firms, often secured against intellectual property or receivables. The underlying portfolios span diversified industries — enterprise software, life sciences, hardware, and consumer technology — reflecting the broad deployment of the venture funds that sponsor the borrowers. Fort Point does not disclose its current manager roster, but typical venture debt shops in this space include names like Hercules Capital, TriplePoint, and Western Technology Investment. The firm sources capital from institutional allocators seeking yield-oriented venture exposure uncorrelated to public equity drawdowns. Fort Point's scale remains opaque — the firm does not publish assets under management or total deployment figures. Its structure as a fund-of-funds means it does not hold portfolio company positions directly and is therefore absent from cap tables and deal announcements. No team size or principal names are publicly available. The registered investment advisor status inherited through the Cypress Point acquisition allows the firm to manage separate accounts and provide advisory services alongside its pooled fund-of-funds vehicles. Structurally, Fort Point's hybrid model sets it apart: a private credit fund-of-funds manager attached to a registered wealth advisory practice. Most venture debt allocators are either pure fund-of-funds shops or direct lenders — rarely both layered under the same roof. This dual capability could allow the firm to serve family offices and high-net-worth individuals through the RIA channel while running commingled institutional vehicles on the fund-of-funds side, though the firm has not publicly articulated this cross-selling architecture.