DFX Intelligence
Firstmark V, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
4 additional principals, 3 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- -50%reported GAV
Reported gross assets fell from $347M to $173M between the Form ADV filings of 4 Apr 2024 and 31 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2011basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $225Mwhat may be sold, not what was raised; file 021-170356, sworn by the adviser or filed under this vehicle
- Form D sold
- $225Mas of the filing of Dec 20, 2011, 51 investors
- First sale
- Dec 13, 2011
- Reported GAV
- $173Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 54
- Reported on ADV
- Mar 30, 2012 to Mar 31, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Closed to new capital
Form D filed or amended 2011-12-20: the stated $225.0M offering reported fully sold (fr-1)
evidence dated Dec 20, 2011.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 15first sale: Dec 13, 2011vintage year: 2011adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $225Mform d offering: $225Mform d latest filed at: Dec 20, 2011
The fund's own reporting through time
24 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Venture Capital Fund | $222M | 90 | $50,000 | 4% | yes | |
| Jul 6, 2012 | Venture Capital Fund | $222M | 90 | $50,000 | 4% | yes | |
| Mar 20, 2013 | Venture Capital Fund | $57.3M | 90 | $50,000 | 4% | yes | |
| May 21, 2013 | Venture Capital Fund | $57.3M | 90 | $50,000 | 4% | yes | |
| May 21, 2013 | Venture Capital Fund | $57.3M | 90 | $50,000 | 4% | yes | |
| Mar 17, 2014 | Venture Capital Fund | $242M | 90 | $50,000 | 4% | yes | |
| Dec 19, 2014 | Venture Capital Fund | $242M | 90 | $50,000 | 4% | yes | |
| Mar 13, 2015 | Venture Capital Fund | $269M | 90 | $50,000 | 4% | yes | |
| Mar 23, 2016 | Venture Capital Fund | $305M | 55 | $50,000 | 5% | yes | |
| Apr 6, 2016 | Venture Capital Fund | $305M | 55 | $50,000 | 5% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $331M | 55 | $50,000 | 5% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $347M | 55 | $50,000 | 5% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $444M | 55 | $50,000 | 5% | yes | |
| May 31, 2019 | Venture Capital Fund | $444M | 55 | $50,000 | 5% | yes | |
| Jun 25, 2019 | Venture Capital Fund | $444M | 55 | $50,000 | 5% | yes | |
| Apr 1, 2020 | Venture Capital Fund | $531M | 55 | $50,000 | 5% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $514M | 55 | $50,000 | 5% | yes | |
| Apr 28, 2021 | Venture Capital Fund | $514M | 55 | $50,000 | 5% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $769M | 55 | $50,000 | 5% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $353M | 54 | $50,000 | 5% | yes | |
| Apr 17, 2023 | Venture Capital Fund | $353M | 54 | $50,000 | 5% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $347M | 54 | $50,000 | 5% | yes | |
| Apr 4, 2024 | Venture Capital Fund | $347M | 54 | $50,000 | 5% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $173M | 54 | $50,000 | 5% |
Principals and agents
7 principals on Form D, 2 placement agents
- Amish D Jani Executive Officer/Promoter
- Brian D Kempner Executive Officer/Promoter
- FirstMark V GP, LLC Executive Officer
- Stable Capital Advisors Inc. placement agent
- William McCoy placement agent
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorRSM · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Mar 23, 2016Administrator changed: SS&C replaced Citi, first reported on the Form ADV filed March 23, 2016 (previous filing March 13, 2015)Administrator changed Fact Form ADV
- Mar 30, 2012Firstmark V, L.P. first reported on Form ADV by Firstmark Capital, LLC (Venture Capital Fund), GAV $222,259,249Fund first reported on Form ADV Fact Form ADV
- Dec 20, 2011Firstmark V, L.P. filed Form D: $225,000,000 sold of $225,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 20, 2011 Fact Form D
- Form D fund type: Venture Capital Fund Dec 20, 2011 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 20, 2011 Fact Form D
- Amendment: false Dec 20, 2011 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 20, 2011 Fact Form D
- Incorporated: withinFiveYears Dec 20, 2011 Fact Form D
- Jurisdiction: Delaware Dec 20, 2011 Fact Form D
- Amount sold (Form D): $225M Dec 20, 2011 Fact Form D
- Offering amount (Form D): $225M Dec 20, 2011 Fact Form D
- Exemptions: 06, 3C, 3C.1 Dec 20, 2011 Fact Form D
- First sale: 2011-12-13 Dec 20, 2011 Fact Form D
- Investors (Form D): 51 Dec 20, 2011 Fact Form D
- Minimum investment (Form D): 0 Dec 20, 2011 Fact Form D
- Securities offered: pooled Dec 20, 2011 Fact Form D
- Office address: Dec 20, 2011 Fact Form D
- Year of incorporation: 2009 Dec 20, 2011 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Firstmark V, L.P. is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2012-03-30source on record
- Form D filed2011-12-20source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.