FDC Databento LLC is a private investment fund based in Needham, Massachusetts. According to its most recent Form D, filed Mar 31, 2026, it has sold $5,610,000 of interests to 10 investors since its first sale in Mar 2026. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Fifth Down Cap LLC; Andrew Spellman.
- Total raised
- $5,610,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Mar 6, 2026
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Fifth Down Cap LLC; Andrew Spellman
- Latest Form D
- Mar 31, 2026
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about FDC Databento LLC
What is the minimum investment for FDC Databento LLC?
FDC Databento LLC's latest Form D, filed Mar 31, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Databento LLC?
FDC Databento LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has FDC Databento LLC raised?
FDC Databento LLC reports $5,610,000 sold from 10 investors on its Form D filed Mar 31, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Databento LLC based?
FDC Databento LLC is based in Needham, Massachusetts and is managed by Fifth Down Cap LLC.
When did FDC Databento LLC launch?
FDC Databento LLC reports its first sale in Mar 2026, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 38% of the 540 private investment funds based in Massachusetts, and more than 33% of all 10,248 that report sales.