FDC Erebor LLC is a private investment fund based in Needham, Massachusetts. According to its most recent Form D, filed Sep 2, 2026, it has sold $5,000,000 of interests to 1 investor since its first sale in Aug 2026. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Fifth Down Cap LLC; Andrew Spellman.
- Total raised
- $5,000,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Aug 24, 2026
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Fifth Down Cap LLC; Andrew Spellman
- Latest Form D
- Sep 2, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about FDC Erebor LLC
What is the minimum investment for FDC Erebor LLC?
FDC Erebor LLC's latest Form D, filed Sep 2, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Erebor LLC?
FDC Erebor LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has FDC Erebor LLC raised?
FDC Erebor LLC reports $5,000,000 sold from 1 investor on its Form D filed Sep 2, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Erebor LLC based?
FDC Erebor LLC is based in Needham, Massachusetts and is managed by Fifth Down Cap LLC.
When did FDC Erebor LLC launch?
FDC Erebor LLC reports its first sale in Aug 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 37% of the 542 private investment funds based in Massachusetts, and more than 31% of all 10,425 that report sales.
Other funds with the same team
Similar-size private investment funds in Massachusetts
- BGA Private Opportunities Fund, LLC - ECP1 Nontaxable Series$4.8M
- Advaita Capital Fund VA LP$5.0M
- Cape Ann (Ireland) Trust - Cape Ann Global Developing Markets (Ireland) Fund$4.6M
- SLC Management Multi-Asset Credit Fund US LP$5.0M
- Kovner Sports Group LLC$5.0M
- Global Value Advisors Fund LP - Emerging Markets Equity Series$4.2M