AdFi
FD

Fifth DOWN CAP LLC

SEC Registered
https://fifthdown.com617-678-0260
Assets Under Management
$1B–$5B
Employees
23
Office Locations
1 office
Total Accounts
60

About the firm

Fifth Down aims to partner with generational companies and compelling fund managers, shaping large, enduring markets. Its platform includes a direct investment strategy, fund of funds strategy, and secondary strategy, providing the ability to allocate capital across the venture landscape and support innovation at multiple stages. Fifth Down is a relationship-driven firm, primarily investing through its trusted network.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

Pooled VehiclesState/Municipal

Areas of expertise

Venture CapitalDirect InvestmentFund Of FundsSecondary StrategyRelationship-driven InvestingVenture Ecosystem

Services

Direct investment strategy, fund of funds strategy, and secondary strategy, enabling capital allocation across the venture landscape at multiple stages

Private funds / alternatives
Venture Capital

Who they serve

Founders, fund managers, and limited partners

Client segmentClientsAssets managed
Pension/Profit Sharing Plans60$1.7B

Leadership

Andrew Michael Spellman
FOUNDER & MANAGING PARTNER
Charlotte Joy Edelman
GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER
Lp Goldcrest Capital Iii-A
SHAREHOLDER
Llc Goldcrest Capital Iii Gp
GENERAL PARTNER
Daniel Marion Friedland
MANAGING MEMBER
Adam Brian Ross
MANAGING MEMBER
U/a/d November 6 2001 Adam B. Ross Revocable Trust
ASSIGNEE
Adam Brian Ross
TRUSTEE
Brian Rowen
PRESIDENT & MANAGING PARTNER

Office locations

1 office in 1 states
HQ

Regulatory & compliance

CRD number
#312861
SEC Number
801-120623
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Performance-based

Data as of March 31, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. Fifth DOWN CAP LLC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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Fifth DOWN CAP LLC - Financial Advisory Firm | AdvisorFinder