VC firm
Fifth Down Capital
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Founded
- 2014
- Assets under management
- $2BForm ADV private fund GAV, as of 2026-07-01Source (opens in a new tab)
- Funds
- 60
- Legal name
- FIFTH DOWN CAP LLC
Record updated 29 September 2026
About
Fifth Down aims to partner with generational companies and compelling fund managers, shaping large, enduring markets. Our platform includes a direct investment strategy, fund of funds strategy, and secondary strategy, providing us with the ability to allocate capital across the venture landscape and support innovation at multiple stages.
Investment approach
- Thesis
- We are a relationship-driven firm, primarily investing through our trusted network. Our sourcing model is built on a curated ecosystem of venture firms and portfolio company founders, developed through long term partnerships and continuous engagement.Source (opens in a new tab)
- Investing status notes
- Active Core Portfolio Companies
Funds
- FIFTH DOWN CAPITAL FUND III LP
- Main fund
- FIFTH DOWN SPORTS CARDS SPV LLC
- SPV
- FDC MHH 2024 LLC
- Main fund
- FDC SX SPV II LLC
- SPV
- FIFTH DOWN CAPITAL FUND II LP
- Main fund
- FDC SX VIII LLC
- Main fund
- FIFTH DOWN CAPITAL FUND I LP
- Main fund
- FIFTH DOWN FUND OF FUNDS I LLC
- Main fund
- FDC SX SPV III LLC
- SPV
- FDC SX IV LLC
- Main fund
- FDC SX VII-A LLC
- Main fund
- FIFTH DOWN SECONDARY SPE I LLC
- Main fund
- More funds
- 48 more recorded
SEC registration
- Registered adviser
- FIFTH DOWN CAP LLC
- CRD number
- 312861 (opens in a new tab)
- SEC file number
- 801-120623
- Registration
- SEC registered
- Regulatory AUM
- $1.9Bas of 2026-07-01
- Private funds reported
- 60