-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OYNrmqmUJPzY+NMBOLKCXtlmKjQ9duHXa22fr00wYJfolBV1hgLaiFnSZncfNWtH
 P9jRxkE9UJpn5TK3CIY1Bw==

<SEC-DOCUMENT>0001441391-09-000004.txt : 20090724
<SEC-HEADER>0001441391-09-000004.hdr.sgml : 20090724
<ACCEPTANCE-DATETIME>20090724155039
ACCESSION NUMBER:		0001441391-09-000004
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090724
DATE AS OF CHANGE:		20090724
EFFECTIVENESS DATE:		20090724

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TARGET GROWTH FUND LLC
		CENTRAL INDEX KEY:			0001441391
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			OK
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-120915
		FILM NUMBER:		09962362

	BUSINESS ADDRESS:	
		STREET 1:		3555 NW 58TH STREET
		STREET 2:		SUITE 625
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73112
		BUSINESS PHONE:		405-778-8383

	MAIL ADDRESS:	
		STREET 1:		3555 NW 58TH STREET
		STREET 2:		SUITE 625
		CITY:			OKLAHOMA CITY
		STATE:			OK
		ZIP:			73112
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0502</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001441391</cik>
        <entityName>TARGET GROWTH FUND LLC</entityName>
        <issuerAddress>
            <street1>3555 NW 58TH STREET</street1>
            <street2>SUITE 625</street2>
            <city>OKLAHOMA CITY</city>
            <stateOrCountry>OK</stateOrCountry>
            <zipCode>73112</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>405-778-8383</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>OKLAHOMA</jurisdictionOfInc>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>James</middleName>
                <lastName>Lorenzen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3555 NW 58th Street</street1>
                <street2>Suite 625</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <zipCode>73112</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Chris</firstName>
                <middleName>James</middleName>
                <lastName>Lorenzen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>3555 NW 58th Stree</street1>
                <street2>Suite 625</street2>
                <city>Oklahoma City</city>
                <stateOrCountry>OK</stateOrCountry>
                <zipCode>73112</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>$5,000,001 - $25,000,000</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>9999999997-08-034191</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2007-04-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>4000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Mark Humphreys</recipientName>
                <recipientCRDNumber>2934648</recipientCRDNumber>
                <associatedBDName>TS Phillips Investments Inc.</associatedBDName>
                <associatedBDCRDNumber>124348</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>3555 NW 58th Street, Suite 600</street1>
                    <street2></street2>
                    <city>Oklahoma City</city>
                    <stateOrCountry>OK</stateOrCountry>
                    <zipCode>73112</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                    <state>NY</state>
                    <state>OK</state>
                    <state>TX</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>8963457</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>6</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>52</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>TARGET GROWTH FUND LLC</issuerName>
                <signatureName>Chris Lorenzen</signatureName>
                <nameOfSigner>Chris Lorenzen</nameOfSigner>
                <signatureTitle>Manager</signatureTitle>
                <signatureDate>2009-07-24</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----