Conversion Capital, LLC
Fulton, MD · CRD 301524
Venture capital managerExempt reporting
Conversion Capital, LLC is an exempt reporting adviser based in Fulton, MD that reports managing 4 private funds on Form ADV, including 4 venture capital funds. Its private funds hold $270.2 million in gross assets.
- Regulatory assets under management
- —Form ADV Item 5.F
- Gross assets of private funds
- $270.2 millionAll private fund types, Form ADV
- Private funds managed
- 4PE 0 · VC 4 · hedge 0
- Employees
- —Form ADV Item 5.A
- Registration
- Exempt reporting adviserCRD 301524
- Latest Form ADV
- 03/30/2026Disciplinary disclosures: none reported
Venture capital funds filing Form D (1)
Fund
First sale
Raised
Investors
Minimum
Offering
Conversion Capital Alpha I, LP
Fulton, MD
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
Conversion Capital Fund III, LP
Delaware, United StatesVenture capital fund
Gross assets$116M
Minimum$100K
Owners97
AdviserConversion Capital, LLC
Conversion Capital Fund II, LP
Delaware, United StatesVenture capital fund
Gross assets$52.7M
Minimum$50K
Owners31
AdviserConversion Capital, LLC
Conversion Capital Fuel, LLC
Delaware, United StatesVenture capital fund
Gross assets$40.2M
Minimum$50K
Owners3
AdviserConversion Capital, LLC
Conversion Capital Fund, LP
Delaware, United StatesVenture capital fund
Gross assets$9.6M
Minimum$50K
Owners16
AdviserConversion Capital, LLC
As reported in the adviser's Form ADV filed Mar 13, 2024. Funds also listed from Form D are shown above.
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