FDC Prometheus LLC is a private investment fund based in Needham, Massachusetts. According to its most recent Form D, filed Jul 10, 2026, it has sold $27,800,000 of interests to 10 investors since its first sale in Jun 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 Andrew Spellman; Fifth Down Cap LLC.
- Total raised
- $27,800,000Cumulative sales reported on Form D
- Investors
- 10
- First sale
- Jun 29, 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
- Andrew Spellman; Fifth Down Cap LLC
- Latest Form D
- Jul 10, 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 Prometheus LLC
What is the minimum investment for FDC Prometheus LLC?
FDC Prometheus LLC's latest Form D, filed Jul 10, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Prometheus LLC?
FDC Prometheus 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 Prometheus LLC raised?
FDC Prometheus LLC reports $27,800,000 sold from 10 investors on its Form D filed Jul 10, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Prometheus LLC based?
FDC Prometheus LLC is based in Needham, Massachusetts and is managed by Fifth Down Cap LLC.
When did FDC Prometheus LLC launch?
FDC Prometheus LLC reports its first sale in Jun 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 49% of the 540 private investment funds based in Massachusetts, and more than 55% of all 10,255 that report sales.