The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM D

Notice of Exempt Offering of Securities
OMB APPROVAL
OMB Number: 3235-0076
Estimated average burden
hours per response: 4.00

1. Issuer's Identity

CIK (Filer ID Number) Previous Names
X None
Entity Type
0001886309
   Corporation
   Limited Partnership
X Limited Liability Company
   General Partnership
   Business Trust
   Other (Specify)

Name of Issuer
Belhurst Capital Fund LLC
Jurisdiction of Incorporation/Organization
DELAWARE
Year of Incorporation/Organization
   Over Five Years Ago
X Within Last Five Years (Specify Year) 2021
   Yet to Be Formed

2. Principal Place of Business and Contact Information

Name of Issuer
Belhurst Capital Fund LLC
Street Address 1 Street Address 2
TWO INTERNATIONAL PLACE
City State/Province/Country ZIP/PostalCode Phone Number of Issuer
BOSTON MASSACHUSETTS 02110 617-482-8260

3. Related Persons

Last Name First Name Middle Name
Eaton Vance Management
Street Address 1 Street Address 2
Two International Place
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship:    Executive Officer    Director X Promoter

Clarification of Response (if Necessary):

Last Name First Name Middle Name
Faust Jr. Thomas
Street Address 1 Street Address 2
c/o Two International Place
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Officer of the manager of Eaton Vance Management
Last Name First Name Middle Name
Murphy A. John
Street Address 1 Street Address 2
c/o Two International Place
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Officer of the manager of Eaton Vance Management
Last Name First Name Middle Name
Cataldo Dan
Street Address 1 Street Address 2
c/o Two International Plaece
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Officer of the manager of Eaton Vance Management
Last Name First Name Middle Name
Walsh Deidre
Street Address 1 Street Address 2
c/o Two International Place
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Officer of the manager of Eaton Vance Management
Last Name First Name Middle Name
Frenette Drew
Street Address 1 Street Address 2
c/o Two International Place
City State/Province/Country ZIP/PostalCode
Boston MASSACHUSETTS 02110
Relationship: X Executive Officer    Director    Promoter

Clarification of Response (if Necessary):

Executive Officer of the manager of Eaton Vance Management

4. Industry Group

   Agriculture
Banking & Financial Services
   Commercial Banking
   Insurance
   Investing
   Investment Banking
X Pooled Investment Fund
   Hedge Fund
   Private Equity Fund
   Venture Capital Fund
X Other Investment Fund
Is the issuer registered as
an investment company under
the Investment Company
Act of 1940?
   Yes X No
   Other Banking & Financial Services
   Business Services
Energy
   Coal Mining
   Electric Utilities
   Energy Conservation
   Environmental Services
   Oil & Gas
   Other Energy
Health Care
   Biotechnology
   Health Insurance
   Hospitals & Physicians
   Pharmaceuticals
   Other Health Care
   Manufacturing
Real Estate
   Commercial
   Construction
   REITS & Finance
   Residential
   Other Real Estate
  
 Retailing
  
 Restaurants
Technology
   Computers
   Telecommunications
   Other Technology
Travel
   Airlines & Airports
   Lodging & Conventions
   Tourism & Travel Services
   Other Travel
  
 Other

5. Issuer Size

Revenue Range OR Aggregate Net Asset Value Range
   No Revenues    No Aggregate Net Asset Value
   $1 - $1,000,000    $1 - $5,000,000
   $1,000,001 - $5,000,000    $5,000,001 - $25,000,000
   $5,000,001 - $25,000,000    $25,000,001 - $50,000,000
   $25,000,001 - $100,000,000    $50,000,001 - $100,000,000
   Over $100,000,000    Over $100,000,000
   Decline to Disclose X Decline to Disclose
   Not Applicable    Not Applicable

6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)

   Rule 504(b)(1) (not (i), (ii) or (iii))
   Rule 504 (b)(1)(i)
   Rule 504 (b)(1)(ii)
   Rule 504 (b)(1)(iii)
X Rule 506(b)
   Rule 506(c)
   Securities Act Section 4(a)(5)
X Investment Company Act Section 3(c)
   Section 3(c)(1)    Section 3(c)(9)  
   Section 3(c)(2)    Section 3(c)(10)
   Section 3(c)(3)    Section 3(c)(11)
   Section 3(c)(4)    Section 3(c)(12)
   Section 3(c)(5)    Section 3(c)(13)
   Section 3(c)(6)    Section 3(c)(14)
X Section 3(c)(7)

7. Type of Filing

   New Notice Date of First Sale 2021-12-16    First Sale Yet to Occur
X Amendment

8. Duration of Offering

Does the Issuer intend this offering to last more than one year?
X Yes    No

9. Type(s) of Securities Offered (select all that apply)

   Equity X Pooled Investment Fund Interests
   Debt    Tenant-in-Common Securities
   Option, Warrant or Other Right to Acquire Another Security    Mineral Property Securities
   Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security    Other (describe)

10. Business Combination Transaction

Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?
   Yes X No

Clarification of Response (if Necessary):

11. Minimum Investment

Minimum investment accepted from any outside investor $1,000,000 USD

12. Sales Compensation

Recipient
Recipient CRD Number    None
Eaton Vance Distributors, Inc. 37731
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
Two International Place
City State/Province/Country ZIP/Postal Code
Boston MASSACHUSETTS 02110
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Northern Trust Securities 7927
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
50 S LaSalle Street
City State/Province/Country ZIP/Postal Code
Chicago ILLINOIS 60675-0001
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ARIZONA
CALIFORNIA
COLORADO
FLORIDA
GEORGIA
ILLINOIS
INDIANA
MARYLAND
MASSACHUSETTS
MICHIGAN
NEVADA
NEW JERSEY
NEW YORK
NORTH CAROLINA
PENNSYLVANIA
TENNESSEE
TEXAS
VIRGINIA
WASHINGTON
WISCONSIN
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
4600 South Syracuse St suite 600
City State/Province/Country ZIP/Postal Code
Denver COLORADO 80237
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Advisor Networks 13572
Street Address 1 Street Address 2
200 N Pacific Coast Highway suite 1300
City State/Province/Country ZIP/Postal Code
El Segundo CALIFORNIA 90245-5672
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Financial Specialists 10358
Street Address 1 Street Address 2
200 North Martingale RD 7th floor
City State/Province/Country ZIP/Postal Code
Schaumburg ILLINOIS 60173
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Cetera Investment Services 15340
Street Address 1 Street Address 2
400 First St S. suite 300
City State/Province/Country ZIP/Postal Code
st cloud MINNESOTA 56032
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Summit Brokerage Services 34643
Street Address 1 Street Address 2
595 S. Federal Hwy suite 500
City State/Province/Country ZIP/Postal Code
Boca Raton FLORIDA 33432
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
   Foreign/non-US
Recipient
Recipient CRD Number    None
Cetera Advisors LLC 10299
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
First Allied Securities 32444
Street Address 1 Street Address 2
655 West Broadway 12th floor
City State/Province/Country ZIP/Postal Code
San Diego CALIFORNIA 92101
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Rockefeller Financial LLC 291361
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
10 Rockefeller plaza
City State/Province/Country ZIP/Postal Code
new york NEW YORK 10020
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
CIBC Private Wealth Advisors (Atlantic Trust) 109644
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
One South Wacker Drive suite 3500
City State/Province/Country ZIP/Postal Code
chicago ILLINOIS 60606
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Sentry Advisors 174042
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
100 Pine Street suite 2700
City State/Province/Country ZIP/Postal Code
San Francisco CALIFORNIA 94111
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
COLORADO
FLORIDA
NEW HAMPSHIRE
NEW YORK
TEXAS
VIRGINIA
WYOMING
Recipient
Recipient CRD Number    None
Sepio Capital 285645
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
3201 Danville Blvd suite 295
City State/Province/Country ZIP/Postal Code
Alamo CALIFORNIA 94507
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
FLORIDA
MARYLAND
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW YORK
TEXAS
UTAH
Recipient
Recipient CRD Number    None
US Bank 111912
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
US Bancorp Asset Management None
Street Address 1 Street Address 2
800 Nicolet Mall
City State/Province/Country ZIP/Postal Code
Minneapolis MINNESOTA 55402
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
US Bank 111912
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
US Bancorp Investments 17868
Street Address 1 Street Address 2
60 Livingston Ave
City State/Province/Country ZIP/Postal Code
St Paul MINNESOTA 55107
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Fieldpoint Private Securities 18975
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Fieldpoint Private Advisors 113673
Street Address 1 Street Address 2
100 Field Point Road 2nd floor
City State/Province/Country ZIP/Postal Code
Greenwich CONNECTICUT 06830
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
ILLINOIS
INDIANA
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSOURI
MONTANA
NEBRASKA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OREGON
PENNSYLVANIA
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WISCONSIN
WYOMING
Recipient
Recipient CRD Number    None
JP Morgan Securities 79
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
383 Madison Avenue
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10179
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
UBS Financial Services 8174
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1200 Harbor Blvd
City State/Province/Country ZIP/Postal Code
Weehawken NEW JERSEY 07086
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
RBC Capital Markets, LLC 31194
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
3 WORLD FINANCIAL CENTER 200 vesey st
City State/Province/Country ZIP/Postal Code
new york NEW YORK 10281
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
iCaptial Securities LLC 171061
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
60 East 42nd Street 26th floor
City State/Province/Country ZIP/Postal Code
new york NEW YORK 10165
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Wells Fargo Advisors 11025
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Wells Fargo Clearing Services 19616
Street Address 1 Street Address 2
One North Jefferson Ave.
City State/Province/Country ZIP/Postal Code
St Louis MISSOURI 63103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Merrill Lynch, Pierce Fenner, & Smith 7691
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
One Bryant Park
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10036
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Morgan Stanley 8209
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1585 Broadway
City State/Province/Country ZIP/Postal Code
new york NEW YORK 10036-8293
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
PNC Investments 129052
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
PNC Capital Markets 15647
Street Address 1 Street Address 2
300 Fifth Avenue 5th floor
City State/Province/Country ZIP/Postal Code
Pittsburgh PENNSYLVANIA 15222
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
X Foreign/non-US
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
Recipient
Recipient CRD Number    None
PNC Investments 129052
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
PNC Capital Markets 15647
Street Address 1 Street Address 2
300 Fifth Avenue 5th floor
City State/Province/Country ZIP/Postal Code
Pittsburgh PENNSYLVANIA 15222
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Charles Schwab & Co., Inc. 5393
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
211 Main Street
City State/Province/Country ZIP/Postal Code
San Francisco CALIFORNIA 94105
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
First Republic 105108
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
111 Pine Street
City State/Province/Country ZIP/Postal Code
San Francisco CALIFORNIA 94111
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Raymond James & Associates 705
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Raymond James Financial Services 6694
Street Address 1 Street Address 2
880 Carillon Pkwy
City State/Province/Country ZIP/Postal Code
St. Petersburg FLORIDA 33716
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Janney Montgomery Scott 463
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
1717 Arch Street
City State/Province/Country ZIP/Postal Code
Philadelphia PENNSYLVANIA 19103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
iCapital Securities, LLC and Institutional Capital Network, Inc. 171061
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
60 East 42nd Street 26th Floor
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10165
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number X None
Bank of America Private Bank (FKA US Trust) None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Merrill Lynch, Pierce Fenner, & Smith 7691
Street Address 1 Street Address 2
One Bryant Park
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10036
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Deutsche Bank Securities Inc. 2525
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
60 Wall Street
City State/Province/Country ZIP/Postal Code
New York NEW YORK 10005
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
X Foreign/non-US
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
Recipient
Recipient CRD Number    None
Commonwealth Equity Services, LLC dba Commonwealth Financial Network 8032
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
29 SAWYER ROAD
City State/Province/Country ZIP/Postal Code
WALTHAM MASSACHUSETTS 02453-3483
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Ameriprise Financial 6363
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
707 2nd Avenue South
City State/Province/Country ZIP/Postal Code
Minneapolis MINNESOTA 55402
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Fifth Third Bank 628
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Fifth Third Securities Inc 3155
Street Address 1 Street Address 2
34 Fountain Square Plaza MD-10903P
City State/Province/Country ZIP/Postal Code
Cincinnati OHIO 45263
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Stifel Nicolaus & Company, Inc. 793
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
501 North Broadway
City State/Province/Country ZIP/Postal Code
St Louis MISSOURI 63102
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Sanford C. Bernstein & Co. LLC 104474
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
501 Commerce Street
City State/Province/Country ZIP/Postal Code
Nashville TENNESSEE 37203
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
X Foreign/non-US
ALABAMA
ALASKA
ARIZONA
ARKANSAS
CALIFORNIA
COLORADO
CONNECTICUT
DELAWARE
DISTRICT OF COLUMBIA
FLORIDA
GEORGIA
HAWAII
IDAHO
ILLINOIS
INDIANA
IOWA
KANSAS
KENTUCKY
LOUISIANA
MAINE
MARYLAND
MASSACHUSETTS
MICHIGAN
MINNESOTA
MISSISSIPPI
MISSOURI
MONTANA
NEBRASKA
NEVADA
NEW HAMPSHIRE
NEW JERSEY
NEW MEXICO
NEW YORK
NORTH CAROLINA
NORTH DAKOTA
OHIO
OKLAHOMA
OREGON
PENNSYLVANIA
PUERTO RICO
RHODE ISLAND
SOUTH CAROLINA
SOUTH DAKOTA
TENNESSEE
TEXAS
UTAH
VERMONT
VIRGINIA
WASHINGTON
WEST VIRGINIA
WISCONSIN
Recipient
Recipient CRD Number    None
Eaton Vance Water Oak Advisors 132047
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
Two International Place
City State/Province/Country ZIP/Postal Code
Boston MASSACHUSETTS 02110
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Truist Investment Services (FKA BB&T, SunTrust Investment Services) 17499
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
303 Peachtreee Center Ave. Suite 140
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30303
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
CapRock 124272
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
800 West Main St.
City State/Province/Country ZIP/Postal Code
Boise IDAHO 83702
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
CALIFORNIA
COLORADO
IDAHO
UTAH
WASHINGTON
Recipient
Recipient CRD Number    None
Robert W Baird & CO. Inc. 8158
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
777 E. Wisconsin Ave.
City State/Province/Country ZIP/Postal Code
Milwaukee WISCONSIN 53202-5391
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number X None
Northern Trust Fiduciary None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Northern Trust Securities 7927
Street Address 1 Street Address 2
50 S LaSalle Street
City State/Province/Country ZIP/Postal Code
Chicago ILLINOIS 60675-0001
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		    All States
   Foreign/non-US
ARIZONA
CALIFORNIA
COLORADO
FLORIDA
GEORGIA
ILLINOIS
INDIANA
MARYLAND
MASSACHUSETTS
MICHIGAN
NEVADA
NEW JERSEY
NEW YORK
NORTH CAROLINA
PENNSYLVANIA
TENNESSEE
TEXAS
VIRGINIA
WASHINGTON
WISCONSIN
Recipient
Recipient CRD Number X None
Truist Bank (FKA Sun Trust Bank) None
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Truist Investment Services (FKA BB&T, SunTrust Investment Services) 17499
Street Address 1 Street Address 2
303 Peachtree Center Avenue Suite 140
City State/Province/Country ZIP/Postal Code
Atlanta GEORGIA 30303
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
HighTower 145323
(Associated) Broker or Dealer X None
(Associated) Broker or Dealer CRD Number X None
None None
Street Address 1 Street Address 2
200 W. Madison St suite 2500
City State/Province/Country ZIP/Postal Code
Chicago ILLINOIS 60606
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US
Recipient
Recipient CRD Number    None
Glenmede Trust 108165
(Associated) Broker or Dealer    None
(Associated) Broker or Dealer CRD Number    None
Glenmede Investment Management LP 108165
Street Address 1 Street Address 2
1650 Market St. Suite 1200
City State/Province/Country ZIP/Postal Code
Philadelphia PENNSYLVANIA 19103
State(s) of Solicitation (select all that apply)
Check “All States” or check individual States		 X All States
X Foreign/non-US

13. Offering and Sales Amounts

Total Offering Amount USD
or X Indefinite
Total Amount Sold $758,673,358 USD
Total Remaining to be Sold USD
or X Indefinite

Clarification of Response (if Necessary):

14. Investors

  
 Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.
Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering:
252

15. Sales Commissions & Finder's Fees Expenses

Provide separately the amounts of sales commissions and finders fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.

Sales Commissions $9,497,664 USD
   Estimate
Finders' Fees $0 USD
   Estimate

Clarification of Response (if Necessary):

16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$0 USD
   Estimate

Clarification of Response (if Necessary):

Signature and Submission

Please verify the information you have entered and review the Terms of Submission below before signing and clicking SUBMIT below to file this notice.

Terms of Submission

In submitting this notice, each issuer named above is:
  • Notifying the SEC and/or each State in which this notice is filed of the offering of securities described and undertaking to furnish them, upon written request, in the accordance with applicable law, the information furnished to offerees.*
  • Irrevocably appointing each of the Secretary of the SEC and, the Securities Administrator or other legally designated officer of the State in which the issuer maintains its principal place of business and any State in which this notice is filed, as its agents for service of process, and agreeing that these persons may accept service on its behalf, of any notice, process or pleading, and further agreeing that such service may be made by registered or certified mail, in any Federal or state action, administrative proceeding, or arbitration brought against the issuer in any place subject to the jurisdiction of the United States, if the action, proceeding or arbitration (a) arises out of any activity in connection with the offering of securities that is the subject of this notice, and (b) is founded, directly or indirectly, upon the provisions of:  (i) the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940, or the Investment Advisers Act of 1940, or any rule or regulation under any of these statutes, or (ii) the laws of the State in which the issuer maintains its principal place of business or any State in which this notice is filed.
  • Certifying that, if the issuer is claiming a Regulation D exemption for the offering, the issuer is not disqualified from relying on Rule 504 or Rule 506 for one of the reasons stated in Rule 504(b)(3) or Rule 506(d).

Each Issuer identified above has read this notice, knows the contents to be true, and has duly caused this notice to be signed on its behalf by the undersigned duly authorized person.

For signature, type in the signer's name or other letters or characters adopted or authorized as the signer's signature.

Issuer Signature Name of Signer Title Date
Belhurst Capital Fund LLC /s/ A. John Murphy A. John Murphy Vice President 2021-12-29

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

* This undertaking does not affect any limits Section 102(a) of the National Securities Markets Improvement Act of 1996 ("NSMIA") [Pub. L. No. 104-290, 110 Stat. 3416 (Oct. 11, 1996)] imposes on the ability of States to require information. As a result, if the securities that are the subject of this Form D are "covered securities" for purposes of NSMIA, whether in all instances or due to the nature of the offering that is the subject of this Form D, States cannot routinely require offering materials under this undertaking or otherwise and can require offering materials only to the extent NSMIA permits them to do so under NSMIA's preservation of their anti-fraud authority.