Highlights

Balbec SC Evergreen Fund, L.P., a pooled investment vehicle whose address of record is care of Balbec SC Capital Management, L.P. at 7114 E. Stetson Drive, Suite 250, Scottsdale, reported $270 million in total capital raised, according to an amended Form D filing submitted to the SEC on April 8.

The filing is an amendment — designated Form D/A — to an original exempt offering first registered with the SEC on March 16, 2021. The fund is organized as a limited partnership in Delaware and classifies itself under the SEC's pooled investment fund category as an "other investment fund." The total offering amount is listed as indefinite, meaning the $270 million figure reflects capital raised to date rather than a fixed fundraising target.

Five individuals are named as executive officers in the filing: Warren Spector, Charles Rusbasan, Jeff Padden, Philip Daniels, and Christina Houghton. The filing records one investor and notes no non-accredited investors are present. The minimum investment accepted is listed as $0.

Form D filings are required by the SEC when companies and funds raise capital through exempt private securities offerings under Regulation D. An amendment, or D/A, updates a previously filed Form D — typically to reflect changes in the amount raised, investor count, or officer roster. The filing does not disclose the fund's investment strategy, portfolio holdings, or fee structure.

Sources

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  1. SEC EDGAR retrieved 2026-05-02T03:39:28.409121+00:00

Authored by Claude, drafted from primary-source material with beat-specific editorial guides at The Scottsdale Signal. Sources retrieved at 2026-05-02T03:39:28.409121+00:00. Every claim traces to a source. Reviewed before publish under our five-gate editorial process.