Form D · Other Investment Fund

Section Capital V, LP

Palo Alto, CA · CIK 0001924806

Offering snapshot reported Mar 31, 2025 · SEC filing

Reported sold: $115M
Investors reported: 85
Minimum accepted: $50K
First sale: Jun 24, 2022

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$107,250,000 → $115,225,000
Reported investors71 → 85

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Mar 31, 2025	Amendment	$115,225,000	$7,975,000vs May 24, 2023	85	SEC filing
May 24, 2023	Amendment	$107,250,000	No comparison	71	SEC filing
May 31, 2022	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $197K (estimated)
Finders' fees: $0 (estimated)
Form D file number: 021-447558

An affiliate of the General Partner will pay a fee equal to a percentage of commitments from certain investors introduced by the placement agent.

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Equus Financial Consulting, LLC	131449

Source: Form D, filed Mar 31, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

SECTION CAPITAL V, LP

Investment adviser: SECTION PARTNERS MANAGEMENT, LLC

Gross asset value: $91.9M
Beneficial owners: 85
ADV minimum commitment: $0

Reported in Form ADV on Mar 25, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator STANDISH MANAGEMENT, LLC LEHI, Utah, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor BDO USA, LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN CHASE BANK SAN FRANCISCO, California, United States Related to adviser: No

Marketer EQUUS FINANCIAL CONSULTING, LLC NEW CANAAN, Connecticut, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

BDO USA, LLP
PCAOB 243

Filing source

Form ADV 2081291 · Mar 25, 2026 · Schedule D 7.B.(1), fund 805-8192311953

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Section Capital III, LP	Oct 10, 2017	$13,725,000	39
Section Capital IV, LP	Dec 26, 2020	$110,550,000	95
Section Capital V, LP (this fund)	Mar 31, 2025	$115,225,000	85

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
John David Verron Crowder	Executive
N/A Section Partners Associates V, Llc	Executive
N/A Section Partners Management, Llc	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

525 University Avenue Suite 24
Palo Alto, CA, 94301