Lighthouse Capital Partners, a firm that loans money to venture-backed start-ups, has raised $132 million for its sixth fund, reports VentureWire (sub required).

The firm, which has offices in Boston and Menlo Park, Calif, has a $350 million target for the fund, and could raise as much as $400 million. Managing Director Rick Stubblefield and Managing Director Anurag Chandra will not participate in the new fund the report said.