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Future Capital Discovery

Future Capital Discovery last closed a fund in April 2026 — 7 months ago.

Next fund
No rhythm to call

It raises on several lines, too close together for one rhythm. No month is guessed; the filing will say.

Deploying  This firm closed a fund in the last 18 months, so it has money to put to work now.

Funds on file
7
Capital raised
$800M
Latest close
April 2026
Based in
non-US

Vehicles on file

VehicleFirst closeAmount Filings
Future Capital Discovery Fund VI, L.P.April 2026$300M offered0002131353 ↗
Future Capital Select Fund I, L.P.June 2022$21M0001925621 ↗
Future Capital Discovery Fund V, L.P.June 2022$53M0001925622 ↗
Future Capital Select Fund Zero, L.P.December 2020$100M offered0001837679 ↗
Future Capital Discovery Fund II, L.P.July 2015$47M0001648207 ↗
Future Capital Discovery Fund III, L.P.—$100M offered0001742779 ↗
Future Capital Discovery Fund IV, L.P.—$180M offered0001809706 ↗

Dated from filing date; no date of first sale was reported.

Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.

Named on filings

Mingming Huang, Han Sheong LAI, Zhifang GAO

What Future Capital Discovery invests in

Typical fund
$100M median, early stage, Series A-B scale
Median of this firm’s filed fund sizes on Form D.

What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.

What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.

“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.