# Jsc Capital Partners

JSC Capital Partners, L.P. is a New York-based venture capital fund vehicle, registered at 295 Lafayette Street in Manhattan, that filed a Form D notice on 3 October 2024 reporting USD 326,452,206 in securities sold.<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> Public records identify it not as a standalone investment firm but as a fund managed by Thrive Capital Management, LLC.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> The fund remained active and Thrive-managed as of the March 2025 Form ADV and an August 2026 data refresh.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup>

| Fact | Detail |
|---|---|
| Legal name | JSC Capital Partners, L.P. |
| Registered address | 295 Lafayette Street, 7th Floor, New York, NY 10012<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> |
| Type | Venture capital fund (limited partnership)<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> |
| Form D amount sold | USD 326,452,206, filed 3 October 2024<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> |
| Manager | Thrive Capital Management, LLC<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> |
| General partner entity | JSC Partners GP, LLC (listed as Director on the Form D)<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> |
| Gross assets | ~USD 3.18 billion as of March 2025 Form ADV<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> |
| Status | Active as of March 2025 filing and August 2026 refresh<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> |

## Structure and people: the fund, the GP and Thrive Capital

The October 2024 Form D names two related persons: JSC Partners GP, LLC, listed as Director, and [Joshua Kushner](https://www.edgepedia.org/joshua-kushner), listed as Executive.<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> SEC-derived records name Thrive Capital Management, LLC as the fund's manager.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup>

## Funds raised, by the numbers

The fund's only Form D in the record, filed on 3 October 2024, reports USD 326,452,206 sold in equal incremental cash amounts, relying on the exemption codes "06c", 3(c)(1), 3(c)(1.1), and 3(c)(7).<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup> The fund limits sales to qualified investors and relies on the 3(c)(1) and 3(c)(7) Investment Company Act exclusions.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup>

The Form ADV filed in March 2025 tells a larger story. The fund reported gross assets of approximately USD 3.18 billion, an increase of about 683% from the prior filing, placing it larger than 98% of 67,603 private funds overall and larger than 99% of 5,300 venture capital funds in the derived dataset.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> The gap between the USD 326 million Form D amount and the USD 3.18 billion gross-asset figure is unresolved in the sources: the Form D reports what was sold under that notice, while gross assets can include appreciated positions and other holdings, and no source explains the difference.<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup><sup> • </sup><sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup>

Other filing details: the stated minimum investment is USD 326.5 million, matching the Form D amount sold, and the fund reports 2 beneficial owners.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> It prepares annual GAAP-audited financial statements but reports 0% of assets as independently valued.<sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup> No further fund filings by this issuer appear in the record through the coverage period.<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup>

## Name collisions and how to avoid them

Several similarly named entities are unrelated to this fund. A London firm called JSC Capital Partners, based in Mayfair with a representative office in Doha, specializes in UK commercial real estate and capital markets and was formed by Joynal Choudhury and Sam Christian; its principals report completed transactions exceeding GBP 2 billion in commercial real estate.<sup>[3](https://jsc-capital.com/)</sup> JS Capital Management LLC is a separate New York family office managed by [Jonathan Soros](https://www.edgepedia.org/jonathan-soros), which describes itself in SEC filings as principally engaged in investments in securities as a family office.<sup>[4](https://www.sec.gov/Archives/edgar/data/1562668/000138713119004418/jscm-sc13d_060319.htm)</sup>

To identify the correct entity, readers should key on the address at 295 Lafayette Street, New York, and the manager, Thrive Capital Management, LLC.<sup>[1](https://www.formds.com/issuers/jsc-capital-partners-l-p)</sup><sup> • </sup><sup>[2](https://privatefunddata.com/private-funds/jsc-capital-partners-lp/)</sup>

## References

1. JSC Capital Partners, L.P. — fund raising filing (Form D record aggregator), formds.com. https://www.formds.com/issuers/jsc-capital-partners-l-p
2. JSC Capital Partners — Fund Data, AUM & Service Providers (Form ADV-derived), privatefunddata.com. https://privatefunddata.com/private-funds/jsc-capital-partners-lp/
3. Independent Real Estate Investment Management | JSC Capital Partners (London, different same-name entity). https://jsc-capital.com/
4. Schedule 13D — JS Capital Management LLC / Jonathan Soros re Ranpak Holdings, SEC EDGAR. https://www.sec.gov/Archives/edgar/data/1562668/000138713119004418/jscm-sc13d_060319.htm

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*Topic: Encyclopedia › Society and history › Economics and business › Finance › Venture capital and private equity › Venture capital firms of the Americas*

*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026*

*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*

License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license
