AltMountain

Fifth Down Cap LLC

Boston, MA · CRD 312861
Other private funds manager

Fifth Down Cap LLC is an SEC-registered investment adviser based in Boston, MA that reports managing 60 private funds on Form ADV, including 60 venture capital funds. It reports $1.9 billion in regulatory assets under management. Its private funds hold $2.0 billion in gross assets.

Regulatory assets under management
$1.9 billionForm ADV Item 5.F
Gross assets of private funds
$2.0 billionAll private fund types, Form ADV
Private funds managed
60PE 0 · VC 60 · hedge 0
Employees
23Form ADV Item 5.A
Registration
SEC-registered adviserCRD 312861
Latest Form ADV
10/01/2026Disciplinary disclosures: none reported

Private investment funds filing Form D (37)

Fund
First sale
Raised
Investors
Minimum
Offering
FDC Sx XI LLC
Needham, MA
First saleApr 2026
Raised$99.9M
Investors54
MinimumNone set
Offering506(b)
FDC Peregrine VI LLC
Needham, MA
First saleMay 2026
Raised$60.7M
Investors56
MinimumNone set
Offering506(b)
FDC Sx IX LLC
Needham, MAEmerging
First saleDec 2025
Raised$43.9M
Investors42
MinimumNone set
Offering506(b)
FDC Databento C LLC
Boston, MAEmerging
First saleSep 2026
Raised$41.4M
Investors74
MinimumNone set
Offering506(b)
FDC Peregrine VII LLC
Needham, MAEmerging
First saleJul 2026
Raised$40.0M
Investors1
MinimumNone set
Offering506(b)
FDC Sx X LLC
Needham, MAEmerging
First saleMar 2026
Raised$36.4M
Investors19
MinimumNone set
Offering506(b)
FDC Sx VII LLC
Needham, MAEmerging
First saleJul 2025
Raised$32.9M
Investors25
MinimumNone set
Offering506(b)
FDC Peregrine III LLC
Dover, MAEmerging
First saleFeb 2025
Raised$29.4M
Investors46
MinimumNone set
Offering506(b)
Fifth Down Fund of Funds 2025 LLC
Needham, MAEmerging
First saleMar 2026
Raised$29.1M
Investors16
MinimumNone set
Offering506(b)
FDC Prometheus LLC
Needham, MAEmerging
First saleJun 2026
Raised$27.8M
Investors10
MinimumNone set
Offering506(b)
FDC Sx VIII LLC
Needham, MAEmerging
First saleOct 2025
Raised$20.0M
Investors1
MinimumNone set
Offering506(b)
FDC Peregrine II LLC
Dover, MAEmerging
First saleOct 2024
Raised$12.6M
Investors24
MinimumNone set
Offering506(b)
FDC Peregrine V LLC
Needham, MAEmerging
First saleMar 2025
Raised$12.0M
Investors4
MinimumNone set
Offering506(b)
FDC Sx VI LLC
Needham, MAEmerging
First saleMay 2025
Raised$11.7M
Investors19
MinimumNone set
Offering506(b)
FDC Sx V LLC
Dover, MAEmerging
First saleOct 2024
Raised$9.7M
Investors15
MinimumNone set
Offering506(b)
FDC Sx IX-A LLC
Needham, MAEmerging
First saleDec 2025
Raised$6.4M
Investors13
MinimumNone set
Offering506(b)
FDC Databento LLC
Needham, MAEmerging
First saleMar 2026
Raised$5.6M
Investors10
MinimumNone set
Offering506(b)
FDC Erebor LLC
Needham, MAEmerging
First saleAug 2026
Raised$5.0M
Investors1
MinimumNone set
Offering506(b)
FDC MaintainX LLC
Needham, MAEmerging
First saleJul 2025
Raised$4.2M
Investors12
MinimumNone set
Offering506(b)
FDC Databento CS-A LLC
Boston, MAEmerging
First saleOct 2026
Raised$4.0M
Investors1
MinimumNone set
Offering506(b)
FDC Databento CS LLC
Boston, MAEmerging
First saleOct 2026
Raised$4.0M
Investors1
MinimumNone set
Offering506(b)
FDC Verkada LLC
Dover, MAEmerging
First saleJan 2025
Raised$3.6M
Investors5
MinimumNone set
Offering506(b)
FDC SentiLink LLC
Needham, MAEmerging
First saleMay 2025
Raised$3.0M
Investors4
MinimumNone set
Offering506(b)
FDC Chapter LLC
Needham, MAEmerging
First saleMar 2026
Raised$2.5M
Investors4
MinimumNone set
Offering506(b)
FDC Peregrine II-A LLC
Dover, MAEmerging
First saleOct 2024
Raised$1.7M
Investors1
MinimumNone set
Offering506(b)
FDC Secondary LLC
Needham, MAEmerging
First saleSep 2025
Raised$1.0M
Investors1
MinimumNone set
Offering506(b)
FDC Databento C-A LLC
Boston, MAEmerging
First saleSep 2026
Raised$855K
Investors10
MinimumNone set
Offering506(b)
FDC Peregrine VI-A LLC
Needham, MAEmerging
First saleMay 2026
Raised$815K
Investors13
MinimumNone set
Offering506(b)
FDC Volleyball Holdings LLC
Needham, MAEmerging
First saleJul 2026
Raised$715K
Investors8
MinimumNone set
Offering506(b)
FDC Peregrine IV LLC
Dover, MAEmerging
First saleFeb 2025
Raised$593K
Investors3
MinimumNone set
Offering506(b)
FDC Sx VII-A LLC
Needham, MAEmerging
First saleJul 2025
Raised$525K
Investors9
MinimumNone set
Offering506(b)
FDC Daisy LLC
Dover, MAEmerging
First saleJan 2025
Raised$450K
Investors3
MinimumNone set
Offering506(b)
FDC Verkada II LLC
Needham, MAEmerging
First saleApr 2026
Raised$265K
Investors3
MinimumNone set
Offering506(b)
FDC Kindred LLC
Needham, MAEmerging
First saleFeb 2025
Raised$265K
Investors3
MinimumNone set
Offering506(b)
FDC Pcm LLC
Needham, MAEmerging
First saleSep 2025
Raised$100K
Investors1
MinimumNone set
Offering506(b)
FDC Verkada-A LLC
Dover, MAEmerging
First saleJan 2025
Raised$15K
Investors1
MinimumNone set
Offering506(b)
FDC Daisy-A LLC
Dover, MAEmerging
First saleJan 2025
Raised$15K
Investors1
MinimumNone set
Offering506(b)

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

Private funds reported on Form ADV (10)

Fund
Gross assets
Minimum
Owners
Adviser
Fifth Down Fund of Funds 2022 LLC
Delaware, United StatesPrivate fund
Gross assets$63.0M
MinimumNone set
Owners87
AdviserFifth Down Cap LLC
Fifth Down Capital Fund II LP
Delaware, United StatesPrivate fund
Gross assets$62.6M
MinimumNone set
Owners119
AdviserFifth Down Cap LLC
Fifth Down Fund of Funds I LLC
Delaware, United StatesPrivate fund
Gross assets$61.8M
MinimumNone set
Owners96
AdviserFifth Down Cap LLC
137 Opportunity Fund Ams
Delaware, United StatesPrivate fund
Gross assets$19.6M
MinimumNone set
Owners23
AdviserFifth Down Cap LLC
Fifth Down Capital Fund I, LP
Delaware, United StatesPrivate fund
Gross assets$13.8M
MinimumNone set
Owners47
AdviserFifth Down Cap LLC
FDC Mhh 2023 LLC
Delaware, United StatesPrivate fund
Gross assets$8.5M
MinimumNone set
Owners30
AdviserFifth Down Cap LLC
FDC Peregrine LLC
Delaware, United StatesPrivate fund
Gross assets$6.2M
MinimumNone set
Owners22
AdviserFifth Down Cap LLC
FDC Mhh Series B LLC
Delaware, United StatesPrivate fund
Gross assets$5.5M
MinimumNone set
Owners29
AdviserFifth Down Cap LLC
Fifth Down Secondary Spe I, LLC
Delaware, United StatesPrivate fund
Gross assets$800K
MinimumNone set
Owners1
AdviserFifth Down Cap LLC
Fifth Down Secondary Fund I, LP
Delaware, United StatesPrivate fund
Gross assets$200K
MinimumNone set
Owners1
AdviserFifth Down Cap LLC

As reported in the adviser's Form ADV filed Dec 20, 2024. Funds also listed from Form D are shown above.

Fund vehicles: feeder funds and single-deal vehicles (22)

Fund
Gross assets
Minimum
Owners
Adviser
FDC Sx Spv II LLC
Delaware, United StatesPrivate fund
Gross assets$26.1M
MinimumNone set
Owners62
AdviserFifth Down Cap LLC
FDC Sx Spv III LLC
Delaware, United StatesPrivate fund
Gross assets$25.2M
MinimumNone set
Owners30
AdviserFifth Down Cap LLC
FDC Sx Spv LLC
Delaware, United StatesPrivate fund
Gross assets$21.5M
MinimumNone set
Owners26
AdviserFifth Down Cap LLC
FDC Mhh Series a Spv LLC
Delaware, United StatesPrivate fund
Gross assets$15.3M
MinimumNone set
Owners50
AdviserFifth Down Cap LLC
FDC Gsto Spv LLC
Delaware, United StatesPrivate fund
Gross assets$15.0M
MinimumNone set
Owners16
AdviserFifth Down Cap LLC
FDC Mhh Series A-2 Spv, LLC
Delaware, United StatesPrivate fund
Gross assets$9.8M
MinimumNone set
Owners47
AdviserFifth Down Cap LLC
Fifth Down Spv Series 4 LLC
Delaware, United StatesPrivate fund
Gross assets$9.0M
MinimumNone set
Owners29
AdviserFifth Down Cap LLC
Fifth Down Sports Cards Spv III LLC
Delaware, United StatesPrivate fund
Gross assets$8.0M
MinimumNone set
Owners18
AdviserFifth Down Cap LLC
Fifth Down Spv Series VI LLC
Delaware, United StatesPrivate fund
Gross assets$6.9M
MinimumNone set
Owners43
AdviserFifth Down Cap LLC
VLR Fdc Spv LLC
Delaware, United StatesPrivate fund
Gross assets$5.7M
MinimumNone set
Owners16
AdviserFifth Down Cap LLC
Fifth Down Spv Series V LLC
Delaware, United StatesPrivate fund
Gross assets$4.3M
MinimumNone set
Owners19
AdviserFifth Down Cap LLC
Fifth Down Spv Series X LLC
Delaware, United StatesPrivate fund
Gross assets$2.7M
MinimumNone set
Owners27
AdviserFifth Down Cap LLC
Fifth Down Spv Series VIII LLC
Delaware, United StatesPrivate fund
Gross assets$2.7M
MinimumNone set
Owners27
AdviserFifth Down Cap LLC
Fifth Down Sports Cards Spv LLC
Delaware, United StatesPrivate fund
Gross assets$2.4M
MinimumNone set
Owners11
AdviserFifth Down Cap LLC
Fifth Down Spv Series III, LLC
Delaware, United StatesPrivate fund
Gross assets$1.2M
MinimumNone set
Owners11
AdviserFifth Down Cap LLC
Fifth Down Spv Series 2 LLC
Delaware, United StatesPrivate fund
Gross assets$1.1M
MinimumNone set
Owners8
AdviserFifth Down Cap LLC
Fifth Down Spv Series IX LLC
Delaware, United StatesPrivate fund
Gross assets$1.1M
MinimumNone set
Owners22
AdviserFifth Down Cap LLC
Fifth Down Spv Series IV, LLC
Delaware, United StatesPrivate fund
Gross assets$901K
MinimumNone set
Owners15
AdviserFifth Down Cap LLC
FDC Bond Spv LLC
Delaware, United StatesPrivate fund
Gross assets$767K
MinimumNone set
Owners17
AdviserFifth Down Cap LLC
FDC Two Chairs Spv LLC
Delaware, United StatesPrivate fund
Gross assets$100K
MinimumNone set
Owners1
AdviserFifth Down Cap LLC
Fifth Down Spv Series II, LLC
Delaware, United StatesPrivate fund
Gross assets$73K
MinimumNone set
Owners21
AdviserFifth Down Cap LLC
Fifth Down Spv Series I, LLC
Delaware, United StatesPrivate fund
Gross assets$31K
MinimumNone set
Owners28
AdviserFifth Down Cap LLC

Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.

From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures