FDC Sx IX LLC is a private investment fund based in Needham, Massachusetts. According to its most recent Form D, filed Jan 22, 2026, it has sold $43,935,607 of interests to 42 investors since its first sale in Dec 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 Andrew Spellman; Fifth Down Cap LLC.
- Total raised
- $43,935,607Cumulative sales reported on Form D
- Investors
- 42
- First sale
- Dec 15, 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
- Andrew Spellman; Fifth Down Cap LLC
- Latest Form D
- Jan 22, 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 Sx IX LLC
What is the minimum investment for FDC Sx IX LLC?
FDC Sx IX LLC's latest Form D, filed Jan 22, 2026, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in FDC Sx IX LLC?
FDC Sx IX 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 Sx IX LLC raised?
FDC Sx IX LLC reports $43,935,607 sold from 42 investors on its Form D filed Jan 22, 2026. This is cumulative sales since the offering began, not current assets or performance.
Where is FDC Sx IX LLC based?
FDC Sx IX LLC is based in Needham, Massachusetts and is managed by Fifth Down Cap LLC.
When did FDC Sx IX LLC launch?
FDC Sx IX LLC reports its first sale in Dec 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 54% of the 537 private investment funds based in Massachusetts, and more than 60% of all 10,266 that report sales.