-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IkeVYhvVC63pgDznPZxXAsGys3TqBav/nZSI97vaRy/HoqjL9kPTwpihGoW3X1kh
 jfLF/1mAfIGukz7xkS1dyg==

<SEC-DOCUMENT>0001409267-09-000002.txt : 20090316
<SEC-HEADER>0001409267-09-000002.hdr.sgml : 20090316
<ACCEPTANCE-DATETIME>20090316130713
ACCESSION NUMBER:		0001409267-09-000002
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090316
DATE AS OF CHANGE:		20090316
EFFECTIVENESS DATE:		20090316

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Target Asia Fund LLC
		CENTRAL INDEX KEY:			0001290009
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-65370
		FILM NUMBER:		09683341

	BUSINESS ADDRESS:	
		STREET 1:		7 RIDGEWOOD DRIVE
		CITY:			BRIDEGWATER
		STATE:			CT
		ZIP:			06752
		BUSINESS PHONE:		860-355-5758

	MAIL ADDRESS:	
		STREET 1:		7 RIDGEWOOD DRIVE
		CITY:			BRIDEGWATER
		STATE:			CT
		ZIP:			06752
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001290009</cik>
        <entityName>Target Asia Fund LLC</entityName>
        <issuerAddress>
            <street1>7 RIDGEWOOD DRIVE</street1>
            <street2></street2>
            <city>BRIDGEWATER</city>
            <stateOrCountry>CT</stateOrCountry>
            <zipCode>06752</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>860-355-5758</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DE</jurisdictionOfInc>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>none</firstName>
                <middleName></middleName>
                <lastName>Target U.S. Management, LLC</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>7 Ridgewood Dr.</street1>
                <street2></street2>
                <city>Bridgewater</city>
                <stateOrCountry>CT</stateOrCountry>
                <zipCode>06752</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Willy</firstName>
                <middleName></middleName>
                <lastName>Ng</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o JH Whitney Investment Management LLC</street1>
                <street2>711 Fifth Ave., 4th fl.</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10022</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>executive officer of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>James</firstName>
                <middleName>W.</middleName>
                <lastName>Donaghy</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>7 Ridgewood Dr.</street1>
                <street2></street2>
                <city>Bridgewater</city>
                <stateOrCountry>CT</stateOrCountry>
                <zipCode>06752</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>executive officer of Manager</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Steven</firstName>
                <middleName></middleName>
                <lastName>Leischner</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Holding Capital Group, Inc.</street1>
                <street2>45 West 45 St., 12th fl.</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10036</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>executive officer of Manager</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$50,000,001 - $100,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2004-05-03</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>200000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>124742012</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>74</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>Clarification to ITEM 7:
This is an AMENDMENT to a Form D paper filing made May 7, 2004.  This electronic Form D does not allow amendment box to be checked.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Target Asia Fund LLC</issuerName>
                <signatureName>Steven Leischner</signatureName>
                <nameOfSigner>Steven Leischner</nameOfSigner>
                <signatureTitle>Treasurer of Manager</signatureTitle>
                <signatureDate>2009-03-16</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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