FDC Pcm LLC is a private investment fund based in Needham, Massachusetts. According to its most recent Form D, filed Sep 22, 2025, it has sold $100,000 of interests to 1 investor since its first sale in Sep 2025. 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
- $100,000Cumulative sales reported on Form D
- Investors
- 1
- First sale
- Sep 5, 2025
- 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
- Sep 22, 2025
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 Pcm LLC
What is the minimum investment for FDC Pcm LLC?
FDC Pcm LLC's latest Form D, filed Sep 22, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Pcm LLC?
FDC Pcm 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 Pcm LLC raised?
FDC Pcm LLC reports $100,000 sold from 1 investor on its Form D filed Sep 22, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Pcm LLC based?
FDC Pcm LLC is based in Needham, Massachusetts and is managed by Fifth Down Cap LLC.
When did FDC Pcm LLC launch?
FDC Pcm LLC reports its first sale in Sep 2025, 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 22% of the 540 private investment funds based in Massachusetts, and more than 2% of all 10,212 that report sales.