diff --git a/common.gypi b/common.gypi
index 12421a556f1b71..22c9c48c972bd6 100644
--- a/common.gypi
+++ b/common.gypi
@@ -36,7 +36,7 @@
 
     # Reset this number to 0 on major V8 upgrades.
     # Increment by one for each non-official patch applied to deps/v8.
-    'v8_embedder_string': '-node.4',
+    'v8_embedder_string': '-node.5',
 
     ##### V8 defaults for Node.js #####
 
diff --git a/deps/v8/BUILD.gn b/deps/v8/BUILD.gn
index c13cf053a80d21..00c6e42573d372 100644
--- a/deps/v8/BUILD.gn
+++ b/deps/v8/BUILD.gn
@@ -83,6 +83,17 @@ declare_args() {
   # Sets -dENABLE_HUGEPAGE
   v8_enable_hugepage = false
 
+  # Sets -dV8_ENABLE_PRIVATE_MAPPING_FORK_OPTIMIZATION.
+  #
+  # This flag speeds up the performance of fork/execve on Linux systems for
+  # embedders which use it (like Node.js). It works by marking the pages that
+  # V8 allocates as MADV_DONTFORK. Without MADV_DONTFORK, the Linux kernel
+  # spends a long time manipulating page mappings on fork and exec which the
+  # child process doesn't generally need to access.
+  #
+  # See v8:7381 for more details.
+  v8_enable_private_mapping_fork_optimization = false
+
   # Sets -dENABLE_HANDLE_ZAPPING.
   v8_enable_handle_zapping = is_asan || is_debug
 
@@ -1002,6 +1013,9 @@ config("features") {
   if (v8_enable_hugepage) {
     defines += [ "ENABLE_HUGEPAGE" ]
   }
+  if (v8_enable_private_mapping_fork_optimization) {
+    defines += [ "V8_ENABLE_PRIVATE_MAPPING_FORK_OPTIMIZATION" ]
+  }
   if (v8_enable_object_print) {
     defines += [ "OBJECT_PRINT" ]
   }
diff --git a/deps/v8/src/base/platform/platform-posix.cc b/deps/v8/src/base/platform/platform-posix.cc
index 2dd97bee02c01f..5408413e11efdd 100644
--- a/deps/v8/src/base/platform/platform-posix.cc
+++ b/deps/v8/src/base/platform/platform-posix.cc
@@ -160,6 +160,12 @@ void* Allocate(void* hint, size_t size, OS::MemoryPermission access,
   int flags = GetFlagsForMemoryPermission(access, page_type);
   void* result = mmap(hint, size, prot, flags, kMmapFd, kMmapFdOffset);
   if (result == MAP_FAILED) return nullptr;
+
+#if V8_ENABLE_PRIVATE_MAPPING_FORK_OPTIMIZATION
+  // This is advisory, so we ignore errors.
+  madvise(result, size, MADV_DONTFORK);
+#endif
+
 #if ENABLE_HUGEPAGE
   if (result != nullptr && size >= kHugePageSize) {
     const uintptr_t huge_start =