AltMountain

FPG Ad Claritas V, LP

Chicago, IL · CIK 2099429 · Managed by First Principles Group

FPG Ad Claritas V, LP is a venture capital fund based in Chicago, Illinois. Its most recent Form D, filed Dec 4, 2025, reports no sales yet. 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. Related persons named in the filing include First Principles Group Management LLC; Benjamin Holland; FPG Partners IV GP, LLC.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
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
First Principles Group Management LLC; Benjamin Holland; FPG Partners IV GP, LLC
Latest Form D
Dec 4, 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 FPG Ad Claritas V, LP

What is the minimum investment for FPG Ad Claritas V, LP?

FPG Ad Claritas V, LP's latest Form D, filed Dec 4, 2025, does not set a minimum investment. Managers can still require one in the offering documents.

Who can invest in FPG Ad Claritas V, LP?

FPG Ad Claritas V, LP 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 FPG Ad Claritas V, LP raised?

FPG Ad Claritas V, LP's latest Form D, filed Dec 4, 2025, reports no sales yet.

Where is FPG Ad Claritas V, LP based?

FPG Ad Claritas V, LP is based in Chicago, Illinois and is managed by First Principles Group.

Size compared with every venture capital fund

This fund hasn't reported any sales yet.

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