Key Takeaways
- • Venture Dallas relocates its 2026 Annual Conference to Old Parkland campus on October 22, positioning the venue as an emerging finance hub for venture capital activity in Dallas.
- • Old Parkland has attracted multiple institutional investors including Perot Jain (4,200-square-foot office expansion) and Balerion Space Ventures, signaling the site's establishment as a preferred location for VC operations in the region.
- • Perot Jain, founded by Ross Perot Jr. and Anurag Jain, reported 43% funding growth reaching approximately $2 billion in 2025 (up from $1.4 billion in 2024) alongside 3% deal volume growth to 218 transactions, demonstrating strong momentum in Dallas venture activity.
- • Balerion Space Ventures, a four-year-old space-focused investment firm, is completing fundraising on a $200 million fund while establishing Dallas leadership infrastructure at Old Parkland.
- • Old Parkland's campus expansion features 250,000 square feet across three low-rise office buildings on 2.5 acres with targeted completion in early 2026, providing institutional-grade amenities and exclusive tenancy positioning.
Summary
Perot Jain, the venture capital firm founded in 2014 by Ross Perot Jr. and Anurag Jain, has opened a 4,200-square-foot office at Old Parkland East. The firm's recent expansion coincides with substantial growth metrics: funding increased 43% year-over-year from $1.4 billion in 2024 to approximately $2 billion in 2025, while deal volume rose 3% from 215 to 218 transactions. These figures underscore the firm's expanding role in regional venture activity and suggest confidence in Dallas as an investment center.
Balerion Space Ventures, a four-year-old space-focused investment firm, has also relocated to Old Parkland as it approaches closure on a $200 million fund and builds out its Dallas leadership team. The firm's move to the historic site was partially driven by Old Parkland's emergence as a specialized finance hub, indicating that venue and ecosystem considerations influence institutional site selection decisions.
Old Parkland itself represents a substantial real estate development initiative, featuring 250,000 square feet across three low-rise office buildings situated on a 2.5-acre site, with completion targeted for early 2026. The campus is being designed and built by Beck and offers world-class amenities, stunning architectural finishes, and exclusive tenancy positioning that appeals to institutional-grade occupants. The convergence of major venture firms at this single campus location, coupled with Venture Dallas' decision to host its annual conference there, indicates Old Parkland is becoming a strategic node for venture capital clustering and deal flow in the Dallas metropolitan region.
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