Fund family · SEC Form D record

BACKGROUND CAPITAL FUND funds

BACKGROUND CAPITAL FUND has 5 vehicles on the SEC Form D record, in 5 numbered generations, filed from 2018 to 2025. The newest is BACKGROUND CAPITAL FUND V, L.P., first filed Dec 12, 2025.

Vehicles
5
Numbered generations
5
First filing
2018
Latest filing
Dec 12, 2025

Names, dates and status as filed on SEC EDGAR. A Form D is a notice of an exempt offering; the SEC does not review or approve it. Grouped by name; see the last question below.

Fund V

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
BACKGROUND CAPITAL FUND V, L.P.CIK 2095229First sale yet to occurEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund IV

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
BACKGROUND CAPITAL FUND IV, L.P.CIK 1964605First sale yet to occurEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund III

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
BACKGROUND CAPITAL FUND III, L.P.CIK 1840277First sale yet to occurEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund II

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
BACKGROUND CAPITAL FUND II, L.P.CIK 1771243First sale yet to occurEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Fund I

1 vehicle · first filed

VehicleSleeveFirst filedLatest filingFiling recordSEC
BACKGROUND CAPITAL FUND I, L.P.CIK 1727926No amendment after 13 monthsEDGAR

Sold to date and investors

Unlock in the terminal (Investor)

Questions about the BACKGROUND CAPITAL FUND funds

How many BACKGROUND CAPITAL FUND funds are there?
The SEC Form D record shows 5 vehicles in 5 numbered generations, the earliest filed Jan 12, 2018 and the latest filing on Dec 12, 2025. By generation: Fund V (BACKGROUND CAPITAL FUND V, L.P., first filed Dec 12, 2025); Fund IV (BACKGROUND CAPITAL FUND IV, L.P., first filed Apr 18, 2023); Fund III (BACKGROUND CAPITAL FUND III, L.P., first filed Jan 13, 2021); Fund II (BACKGROUND CAPITAL FUND II, L.P., first filed Mar 21, 2019); Fund I (BACKGROUND CAPITAL FUND I, L.P., first filed Jan 12, 2018).
What is the latest BACKGROUND CAPITAL FUND fund?
BACKGROUND CAPITAL FUND V, L.P., which first filed a Form D on Dec 12, 2025. Its own page carries the filed terms, the people named on the form and every filing on EDGAR.
Who is the adviser to the BACKGROUND CAPITAL FUND funds?
AltStreet has not joined a Form ADV adviser to this family's Form D filings. The adviser, if any, appears in each fund's offering documents, which a Form D does not include.
How much have the BACKGROUND CAPITAL FUND funds raised?
Each vehicle reports an amount sold and an investor count on its latest Form D or amendment, and those figures are on each vehicle's entity page. The totals by generation are in the AltStreet Terminal (Investor), where master and parallel sleeves that report one family-wide figure are counted once.
How does AltStreet group these funds into a family?
By name: the base name minus the fund number, sleeve letters, jurisdiction and legal form, read from each issuer's Form D (lib/edgar/fundFamilies.ts). 'Fund IV' is generation 4; a vehicle whose name carries no number is listed as unnumbered. It is a name-based grouping, not a statement of common control; the filings on each entity page show the related persons as filed.