BlueSpruce Diversified Fund LP is a hedge fund based in Chicago, Illinois. According to its most recent Form D, filed May 1, 2026, the fund has sold $11,000,000 of interests to 8 investors since its first sale in Apr 2026. The minimum investment it accepts from an outside investor is $25,000. 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. Based on its first sale date and the amount raised, HedgeMountain classifies it as an emerging manager. Related persons named in the filing include Edward Ludwig IV; Timothy Hurd; BlueSpruce Investments L.P.
- Total raised
- $11,000,000Cumulative sales reported on Form D
- Investors
- 8
- First sale
- Apr 16, 2026
- Minimum investment
- $25,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Edward Ludwig IV; Timothy Hurd; BlueSpruce Investments L.P
- Latest Form D
- May 1, 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 HedgeMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures
Size compared with every hedge fund
Raised more than 37% of the 321 hedge funds based in Illinois, and more than 22% of all 10,157 that report sales.