ECA Blue Spring LLC is a private investment fund based in Raleigh, North Carolina. According to its most recent Form D, filed Sep 28, 2026, it has sold $1,800,372 of interests to 34 investors since its first sale in Sep 2023. The filing does not set a minimum investment. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Michael Garland.
- Total raised
- $1,800,372Cumulative sales reported on Form D
- Investors
- 34
- First sale
- Sep 18, 2023
- Minimum investment
- None set
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Michael Garland
- Latest Form D
- Sep 28, 2026
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
Questions about ECA Blue Spring LLC
What is the minimum investment for ECA Blue Spring LLC?
ECA Blue Spring LLC's latest Form D, filed Sep 28, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in ECA Blue Spring LLC?
ECA Blue Spring LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has ECA Blue Spring LLC raised?
ECA Blue Spring LLC reports $1,800,372 sold from 34 investors on its Form D filed Sep 28, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is ECA Blue Spring LLC based?
ECA Blue Spring LLC is based in Raleigh, North Carolina.
When did ECA Blue Spring LLC launch?
ECA Blue Spring LLC reports its first sale in Sep 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 34% of the 243 private investment funds based in North Carolina, and more than 19% of all 10,212 that report sales.