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424 Capital, LLC

● SEC registered since 2022CRD 167462SEC# 801-126295Wakefield, MA
Export (members)
Ranks #3,677 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$584.5M
Fund GAV
$595.6M
Private funds
9
Employees
20
Accounts
9
Location
Wakefield, MA

424 Capital, LLC assets under management

424 Capital, LLC operates as an SEC-registered investment adviser based in Wakefield, MA. The firm has been registered since 2022. It reports $584.5 million in regulatory assets under management and employs 20 people. 424 Capital, LLC manages 9 private funds with combined gross assets of $595.6 million, including 424 Capital Fund II, LP. By regulatory assets, it ranks 3,677 of 6,004 private fund managers.

424 Capital, LLC private funds

9 funds · $595.6M GAV
FundTypeGross assetsMin.
424 Capital Fund II, LPPrivate Equity$249.3M$1M
424 Capital Co-Investment Fund I, LPPrivate Equity$129.6M
424 Capital Fund I, LPPrivate Equity$111.6M$750K
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424 Capital, LLC owners & executives

5 reported
NameTitleOwnershipSince
Brennan Mulcahey ControlPrincipal25-50%2015
Frederic Halsey Morris ControlPrincipalUnder 5%1998
Jennifer Marie Mosto ControlChief Compliance Officer And Director Of Finance & OperationsUnder 5%2015
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Frequently asked questions

How much does 424 Capital, LLC manage?

424 Capital, LLC reports $584.5 million in regulatory assets under management on its Form ADV.

How many private funds does 424 Capital, LLC manage?

424 Capital, LLC manages 9 private funds with combined gross assets of $595.6 million.

How many employees does 424 Capital, LLC have?

424 Capital, LLC reports 20 employees.

Where is 424 Capital, LLC located?

424 Capital, LLC is based in Wakefield, MA and has been SEC-registered since 2022.

Does 424 Capital, LLC disclose fund performance?

424 Capital, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address301 Edgewater Place,, Suite 425, Wakefield, MA 01880
Phone781-295-4000
Fax781-295-4007
Office hours9:00a.m.-5:00p.m.
SEC regionBoston Regional Office (BRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$584.5M▲ 47%
Mar '25 — $396.7MApr '25 — $396.7MMay '25 — $396.7MJun '25 — $396.7MJul '25 — $396.7MAug '25 — $396.7MSep '25 — $396.7MOct '25 — $396.7MNov '25 — $396.7MDec '25 — $396.7MJan '26 — $396.7MFeb '26 — $396.7MMar '26 — $584.5MApr '26 — $584.5MMay '26 — $584.5MJun '26 — $584.5M
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 44%
Larger than 56% of 16,271 advisers
AUM vs fund managersTop 61%
Larger than 39% of 6,004 private-fund managers
Number of fundsTop 27%
More funds than 73% of fund managers
EmployeesTop 24%
More than 76% of 16,825 advisers

Assets under management

$584.5Mregulatory AUM
Discretionary $584.5M

Fund type mix

Private Equity7
Venture Capital1
Other Private1