Form D · Hedge Fund

BLUE HERON PARTNERS L P

Brookhaven, GA · CIK 0001284451

Offering snapshot reported Dec 5, 2025 · SEC filing

Reported sold: $51.2M
Investors reported: 98
Minimum accepted: $250K
First sale: Mar 12, 2004

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$50,574,784 → $51,195,741
Reported investors96 → 98

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Dec 5, 2025	Amendment	$51,195,741	$620,957vs Feb 14, 2025	98	SEC filing
Feb 14, 2025	Amendment	$50,574,784	$0vs Feb 14, 2024	96	SEC filing
Feb 14, 2024	Amendment	$50,574,784	-$1vs Apr 24, 2023	96	SEC filing
Apr 24, 2023	Amendment	$50,574,785	$1,101,409vs May 31, 2022	96	SEC filing
May 31, 2022	Amendment	$49,473,376	$700,000vs May 18, 2021	95	SEC filing
May 18, 2021	Amendment	$48,773,376	No comparison	Not reported	SEC filing
May 15, 2020	Amendment	$48,801,523	$5,764,732vs Sep 12, 2019	68	SEC filing
Sep 12, 2019	Amendment	$43,036,791	$8,268,814vs Sep 6, 2018	65	SEC filing
Sep 6, 2018	Amendment	$34,767,977	-$6,570,164vs Jul 24, 2017	60	SEC filing
Jul 24, 2017	Amendment	$41,338,141	$10,546,094vs Jul 26, 2016	73	SEC filing
Jul 26, 2016	Amendment	$30,792,047	$1,208,948vs Jul 8, 2015	73	SEC filing
Jul 8, 2015	Amendment	$29,583,099	$9,129,815vs Apr 23, 2014	75	SEC filing
Apr 23, 2014	Amendment	$20,453,284	$0vs Mar 19, 2013	61	SEC filing
Mar 19, 2013	Amendment	$20,453,284	$478,400vs Mar 15, 2012	61	SEC filing
Mar 15, 2012	Amendment	$19,974,884	$2,290,022vs Mar 10, 2011	63	SEC filing
Mar 10, 2011	Amendment	$17,684,862	$2,907,802vs Mar 11, 2010	60	SEC filing
Mar 11, 2010	Amendment	$14,777,060	No comparison	52	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.1
Duration over one year: Yes
Business combination: No

Sales commissions: $0 (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-63967

Source: Form D, filed Dec 5, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BLUE HERON PARTNERS, L.P.

Investment adviser: LMK CAPITAL MANAGEMENT, LLC

Gross asset value: $53.1M
Beneficial owners: 43
ADV minimum commitment: $250K

Reported in Form ADV on Apr 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator FINANCIAL SOLUTIONS ACCOUNTING AND ADMINISTRATIVE SERVICES SAGAMORE BEACH, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ELLIOTT DAVIS, LLC CHATTANOOGA, Tennessee, United States

Custodian INSPIRA FINANCIAL TRUST, LLC OAK BROOK, Illinois, United States Related to adviser: No

Custodian INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States Related to adviser: No

Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No

Prime broker INTERACTIVE BROKERS LLC GREENWICH, Connecticut, United States

Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ELLIOTT DAVIS, LLC
PCAOB 149

INTERACTIVE BROKERS LLC
SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Filing source

Form ADV 2088006 · Apr 30, 2026 · Schedule D 7.B.(1), fund 805-1732348116

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
None Lmk Capital Management, Llc	Promoter
N/A Lmk Capital Management, Llc	Promoter
Robert A. Sales	Executive, Promoter

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

1137 Hampton Hall Drive, Ne
Brookhaven, GA, 30319