Construct Capital
Washington, DC · CRD 310594
Venture capital managerExempt reporting
Construct Capital is an exempt reporting adviser based in Washington, DC that reports managing 8 private funds on Form ADV, including 8 venture capital funds. Its private funds hold $894.6 million in gross assets.
- Regulatory assets under management
- —Form ADV Item 5.F
- Gross assets of private funds
- $894.6 millionAll private fund types, Form ADV
- Private funds managed
- 8PE 0 · VC 8 · hedge 0
- Employees
- —Form ADV Item 5.A
- Registration
- Exempt reporting adviserCRD 310594
- Latest Form ADV
- 03/26/2026Disciplinary disclosures: none reported
Venture capital funds filing Form D (3)
Fund
First sale
Raised
Investors
Minimum
Offering
Construct Capital III, L.P.
Washington, DC
First saleMar 2025
Raised$300M
Investors58
MinimumNone set
Offering506(b)
Construct Capital Select Fund II, L.P.
Washington, DC
First saleJul 2026
Raised$150M
Investors26
MinimumNone set
Offering506(b)
Construct Capital III Operators Fund, L.P.
Washington, DC
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (4)
Fund
Gross assets
Minimum
Owners
Adviser
Construct Capital II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$215M
Minimum$100K
Owners58
AdviserConstruct Capital Management, LLC
Construct Capital I, L.P.
Delaware, United StatesVenture capital fund
Gross assets$195M
Minimum$50K
Owners73
AdviserConstruct Capital Management, LLC
Construct Capital Select Fund I, L.P.
Delaware, United StatesVenture capital fund
Gross assets$75.2M
Minimum$150K
Owners30
AdviserConstruct Capital Management, LLC
Construct Capital II Operators Fund, L.P.
Delaware, United StatesVenture capital fund
Gross assets$5.0M
Minimum$25K
Owners29
AdviserConstruct Capital Management, LLC
As reported in the adviser's Form ADV filed Mar 20, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (2)
Fund
Gross assets
Minimum
Owners
Adviser
Construct Spv-Vh, LLC
Delaware, United StatesVenture capital fund
Gross assets$5.0M
Minimum$2.3M
Owners2
AdviserConstruct Capital Management, LLC
Construct Spv-Vm, LLC
Delaware, United StatesVenture capital fund
Gross assets$1.6M
Minimum$1.5M
Owners1
AdviserConstruct Capital Management, LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures