Bright Spruce Fund, LP is a private investment fund based in Boston, Massachusetts. According to its most recent Form D, filed Jun 25, 2015, it has sold $104,965,030 of interests to 19 investors since its first sale in Jul 2014. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include General Partner Bright Spruce GP LLC; Investment Manager Spruceview Capital Partners LLC.
- Total raised
- $104,965,030Cumulative sales reported on Form D
- Investors
- 19
- First sale
- Jul 1, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- General Partner Bright Spruce GP LLC; Investment Manager Spruceview Capital Partners LLC
- Latest Form D
- Jun 25, 2015
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jun 25, 2015 | Amendment | $104,965,030 | 19 | SEC.gov ↗ |
| Jul 9, 2014 | First notice | $103,920,000 | 15 | SEC.gov ↗ |
2 Form D filings in the SEC's electronic records (2008 onward), the earliest on Jul 9, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about Bright Spruce Fund, LP
What is the minimum investment for Bright Spruce Fund, LP?
Bright Spruce Fund, LP's latest Form D, filed Jun 25, 2015, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Bright Spruce Fund, LP?
Bright Spruce Fund, LP is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Bright Spruce Fund, LP raised?
Bright Spruce Fund, LP reports $104,965,030 sold from 19 investors on its Form D filed Jun 25, 2015. This is cumulative sales since the offering began, not current assets or performance.
Where is Bright Spruce Fund, LP based?
Bright Spruce Fund, LP is based in Boston, Massachusetts.
When did Bright Spruce Fund, LP launch?
Bright Spruce Fund, LP reports its first sale in Jul 2014.
Size compared with every private investment fund
Raised more than 67% of the 538 private investment funds based in Massachusetts, and more than 72% of all 10,333 that report sales.
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