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EDGAR Verified
Primary Source · SEC.gov

Fund FG-BLU, a series of Forge Investments LLC

CIK 0001851217Fund Vehicle2026 vintage506(b), 3(c)
Forge GlobalFull Review

Raised

$397M

Investors

148

Min Invest

$5,000

AltStreet Analysis

·

Generated from EDGAR primary sources

Fund FG-BLU is a pooled investment fund series of Forge Investments LLC, managed by Forge Global Advisors LLC with executive officers Grant George and Shilpi McGrath. This amended Form D reports $397.3M raised from 148 investors under Rule 506(b) and 3(c) exemptions, with a $5K minimum investment. The fund is part of the Forge Global platform, which operates 104 related EDGAR entities in the private equity secondary market space.

This private equity vehicle uses the 506(b) private placement exemption with a notably low $5K minimum investment, which is uncommon for funds of this size and typically signals platform-driven distribution to a broader accredited investor base. The 148-investor count and $2.7M average commitment reflect a retail-accessible structure within the private equity category, consistent with Forge Global's secondary market business model.

Data Flags

minimum_investment$5K minimum on a $397.3M raise is exceptionally low for private equity, suggesting platform-scale retail distribution infrastructure
investor_count148 investors with average commitment of ~$2.7M suggests a mix of small retail and larger institutional participants, unusual concentration for this minimum
generalThis is an amended filing with substantial capital ($397.3M total), significantly larger than related series funds from the same sponsor (ranging $173K-$10M), indicating this may be a flagship or consolidated vehicle

EDGAR Filing Data

Form D — Primary Source

View on SEC.gov
CIK Number0001851217
Entity NameFund FG-BLU, a series of Forge Investments LLC
Exemption506(b), 3(c)
First Sale Date—
Filing DateApril 17, 2026
Accession Number0001851217-26-000001
Total Amount Sold$397M
Total Investors148
Minimum Investment$5,000
Securities TypePooled Investment Fund
State of IncorporationNot specified
Amendment Count1 amendments filed

Related Persons (Form D)

Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.

FORGE GLOBAL ADVISORS LLC

Director · SAN FRANCISCO, CA

Grant George

Executive Officer · SAN FRANCISCO, CA

Shilpi McGrath

Executive Officer · SAN FRANCISCO, CA

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Data Methodology

Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. AltStreet analysis (summaries, flags, category context) is generated by Claude from this primary source data and reviewed for accuracy. Platform-provided information (if present) is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. EDGAR data is verified read-only — platforms may request factual corrections for demonstrable inaccuracies by contacting research@altstreet.investments. This page does not constitute investment advice.