Managers/Venture/Massachusetts/Fifth Down Cap

Fifth Down Cap

Fifth Down Cap is a venture manager in Boston, MA. It is registered with the SEC as an investment adviser with $1.9B in regulatory assets and 23 staff. It has 5 funds on file, the latest reported in October 2025.

Funds on file
5
Raised, all funds
$7.3M
Regulatory assets
$1.9B
Staff
23
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Oct 2025 Goldcrest Capital IV-A, LP Venture $0 $312M
Oct 2025 Goldcrest Capital IV-B, LP Venture $0 $8M
Jul 2021 Goldcrest Capital III-A, LP Venture $0 $315M
Jul 2021 Goldcrest Capital III-B, LP Venture $0 $10M
Dec 2020 Fifth Down Capital Fund I, LP Venture $7.3M Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$1.9B
Employees23
Clients60 private funds.
Control personsCharlotte, Joy Edelman, Daniel, Marion Friedland, Adam, Brian Ross, Brian Rowen, Andrew, Michael Spellman.
Private funds32 private funds holding $401.9M in gross assets.

Private funds it reports

FundTypeGross assets
Fifth Down Fund of Funds 2022 Other $63M
Fifth Down Capital Fund II Other $62.6M
Fifth Down Fund of Funds I Other $61.8M
FDC SX SPV II Other $26.1M
FDC SX SPV Iii Other $25.2M
FDC SX SPV Other $21.5M
137 Opportunity Fund Ams Other $19.6M
FDC MHH Series A SPV Other $15.3M
FDC Gsto SPV Other $15M
Fifth Down Capital Fund I Other $13.8M
FDC MHH Series A-2 SPV Other $9.8M
Fifth Down SPV Series 4 Other $9M
FDC MHH 2023 Other $8.5M
Fifth Down Sports Cards SPV Iii Other $8M
Fifth Down SPV Series VI Other $6.9M