Spring Lake Equity Gp LLC (Boston)

Name: Spring Lake Equity Gp LLC
Address: 125 High Street, Boston, MA, 02110
Telephone: 617 391 6341

Spring Lake Equity Gp LLC is a large advisory firm based in Boston. It manages $371.12 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Massachusetts.

Spring Lake Equity Gp provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Spring Lake Equity Gp: assets under management

The assets under management (AUM) of Spring Lake Equity Gp LLC is $371.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 271% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $371.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $74.22 million each.

Spring Lake Equity Gp has custody of $371.12 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Spring Lake Equity Gp LLC for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Spring Lake Equity Gp serves?

The only and largest group of clients of Spring Lake Equity Gp is pooled investment vehicles with 4 clients and $371.12 million of assets under management. Among the 8 most similar advisory firms, Spring Lake Equity Gp has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $371.12 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Spring Lake Equity Gp also advises several private funds. Namely, five private equity funds. The minimum investment commitment required of non-related persons ranges from $66,666 to $7,825,921.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Tudor Group Holdings Llc	Member	1 Dec 1995	75% - 100%	13-3862746
Erik J Anderson	Managing member	1 Jan 2002	75% - 100%	1697303
Robert Philip Forlenza	Managing member	1 Apr 2013	25% - 50%	6027309
Carmen Joseph Scarpa	Managing member	1 Apr 2013	25% - 50%	1551693
Paul Tudor Jones	Co-chairman and chief investment officer	1 Jan 2015	75% - 100%	830207

Based in Boston

The principal office where Spring Lake Equity Gp LLC performs its advisory services is located at 125 High Street, Boston, MA 02110, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617 391 6341 or by fax 617 391-6390. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at springlakeequitypartners.com.