SPRING MOUNTAIN CAPITAL, LP
Adviser information for SPRING MOUNTAIN CAPITAL, LP last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Partnership |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 35 |
|---|---|
| Investment Advisory/Research | 23 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 3 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 591 | $1.6B |
| Non-Discretionary | 25 | $31.7M |
| Total | 616 | $1.7B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 302 | $139.7M |
| HNW Individuals | 228 | $769.9M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 8 | $527.1M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 1 | $337,641 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 1 | $44.6M |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 51 | $138.3M |
| Other | 25 | $31.7M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 1 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed feesPerformance-based fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 251.8M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| ADVISOR NETWORK PROGRAM | WELLS FARGO BANKS N.A. |
| MANAGED ACCOUNT WRAP PROGRAM | PERSHING |
| MANAGER - DIRECTED PROGRAMS "ADVISORY PROGRAM MANAGEMENT" | STIFEL NICOLAUS |
| ENVESTNET | ENVESTNET PMC |
| MANAGED ACCOUNT PROGRAM | RBC WEALTH MANAGEMENT |
| MANAGED ACCOUNT SERVICES | MERRILL LYNCH |
Principal Office
650 MADISON AVENUE20TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9 AM TO 5 PM
Tel: 212-292-8300, Fax: 212-292-8301
Websites
www.linkedin.com/company/smcgrowth
www.springmountaincapital.com/
westharleminnovationnetwork.com/
www.smcgrowthcapital.com/
www.linkedin.com/company/west-harlem-innovation-network/about/
twitter.com/harlem_network
www.facebook.com/westharleminnovationnetwork
whin.nyc
smcfixedincome.com/
www.instagram.com/westharleminnovationnetwork/
Chief Compliance Officer
BERNARD JOSEPH FRIZE
650 MADISON AVENUE
20TH FLOOR
NEW YORK
NY
United States
Tel:
551-317-4656
B*****@*************M
(Full email address available in API data)
Regulatory Contact
GREGORY P. HO
PRESIDENT
650 MADISON AVENUE
20TH FLOOR
NEW YORK
NY
United States
Tel:
212 292-8310
G*@************M
(Full email address available in API data)
Industry Affiliates
| SMC GROWTH CAPITAL II GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SMC GROWTH CAPITAL III GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SMC HOLDINGS II G.P., LLC | Sponsor, GP, manager of pooled investment vehicles |
| SMC PRIVATE CAPITAL GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SMC PRIVATE EQUITY HOLDINGS G.P., LLC | Sponsor, GP, manager of pooled investment vehicles |
| SMC TOTAL RETURN GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| SPRING MOUNTAIN BLUE G.P., LLC | Sponsor, GP, manager of pooled investment vehicles |
| SPRING MOUNTAIN CAPITAL G.P., LLC | Sponsor, GP, manager of pooled investment vehicles |
| WHIN OPPORTUNITIES GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| SMC GROWTH CAPITAL PARTNERS II, LP | Private Equity Fund | $157.1M | $0.3M | 137 |
| SMC GROWTH CAPITAL PARTNERS III, LP | Private Equity Fund | $136.9M | $0.3M | 230 |
| SMC HOLDINGS II, LP | Private Equity Fund | $62.7M | $0.0M | 205 |
| SMC PRIVATE CAPITAL FUND II, LP | Private Equity Fund | $12.0M | $0.5M | 16 |
| SMC PRIVATE CAPITAL FUND, LP | Private Equity Fund | $49.3M | $0.3M | 52 |
| SMC PRIVATE EQUITY HOLDINGS, LP | Private Equity Fund | $25.6M | $0.0M | 89 |
| SMC TOTAL RETURN FUND, LP | Hedge Fund | $72.1M | $0.5M | 30 |
| WHIN OPPORTUNITY FUND, LP | Private Equity Fund | $11.5M | $5.0M | 7 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SPRING MOUNTAIN CAPITAL, LLC | Domestic Entity | – | GENERAL PARTNER | 06/2001 | < 5% |
| STEFFENS, JOHN, LAUNDON | Individual | – | FOUNDER, SENIOR MANAGING DIRECTOR & MANAGING MEMBER OF THE GENERAL PARTNER | 06/2001 | 25-50% |
| HO, GREGORY, PAUL | Individual | – | PRESIDENT, CHIEF OPERATING OFFICER & MANAGING MEMBER OF THE GENERAL PARTNER | 06/2001 | 25-50% |
| JOHN L. STEFFENS 2001 DESCENDANTS' TRUST | Domestic Entity | – | LIMITED PARTNER | 10/2001 | 25-50% |
| STEFFENS, JOHN, LAUNDON | Individual | – | INVESTMENT TRUSTEE OF JOHN L. STEFFENS 2001 DESCENDANTS' TRUST | 10/2001 | 25-50% |
| HO, GREGORY, PAUL | Individual | – | TRUSTEE OF JOHN L. STEFFENS 2001 DESCENDANTS' TRUST | 10/2001 | 25-50% |
| HO, GREGORY, PAUL | Individual | JOHN L. STEFFENS 2001 DESCENDANTS' TRUST | TRUSTEE | 12/2007 | |
| HO, GREGORY, PAUL | Individual | SPRING MOUNTAIN CAPITAL, LLC | MEMBER | 10/2001 | 25-50% |
| STEFFENS, JOHN, LAUNDON | Individual | SPRING MOUNTAIN CAPITAL, LLC | MEMBER | 10/2001 | 25-50% |
| JOHN L. STEFFENS 2001 DESCENDANTS' TRUST | Domestic Entity | SPRING MOUNTAIN CAPITAL, LLC | MEMBER | 12/2008 | 25-50% |
| WOO, KRIS, KYUNG HO | Individual | – | CHIEF FINANCIAL OFFICER | 02/2017 | < 5% |
| SHARP, TARA, C. | Individual | – | GENERAL COUNSEL | 11/2021 | < 5% |
| FRIZE, BERNARD, JOSEPH | Individual | – | CHIEF COMPLIANCE OFFICER | 05/2023 | < 5% |