Fifth Down Secondary Fund I LP
Venture Capital FundFund ID 805-4238171751Delaware, United States
Gross assets
$44.9M
Min. investment
—
Beneficial owners
39
Size rank
Top 57%
Audited
Yes
Structure
Standalone
About this fund
Fifth Down Secondary Fund I LP is a venture capital fund managed by Fifth Down Cap LLC. The fund reports $44.9 million in gross assets, placing it among the top 57% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-4238171751 |
| Fund type | Venture Capital Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | No |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Fdc Sx SPV III LLC | Venture Capital | $152.3M |
| Fifth Down Capital Fund II LP | Venture Capital | $150.6M |
| Fdc Sx VII LLC | Venture Capital | $146.7M |
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Join to unlock · $37/moFrequently asked questions
How large is Fifth Down Secondary Fund I LP?
Fifth Down Secondary Fund I LP reports $44.9 million in gross assets, among the top 57% of private funds by size.
Who manages Fifth Down Secondary Fund I LP?
Fifth Down Secondary Fund I LP is managed by Fifth Down Cap LLC.
Does Fifth Down Secondary Fund I LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
Service providers
Prime broker
None reported
Custodian
Administrator
Auditor
Reported gross assets
$44.9M▲ 569%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 57%
Larger than 43% of 67,041 private funds
Gross assets vs Venture Capital FundsTop 34%
Larger than 66% of 5,217 venture capital funds
Investor base
Adviser & related persons22%
Funds of funds33%
Non-U.S. persons6%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.