Overview
Harspring Capital Management, LLC (hereinafter “Harspring”, “we”, “us”, “our” or the “Firm”) is
a Delaware, limited liability company founded in February 2012. The Firm’s principal place of
business is in New York, New York and Harry M. Gail is the principal owner.
We are an affiliate of Harspring Capital Advisors, LLC (the “Fund General Partner”).
Harspring provides discretionary investment management services to private pooled investment
vehicles including Harspring Capital, LP, a Delaware, Limited Partnership (the “Master Fund”) and
Harspring Capital Offshore Ltd., a Cayman Exempt Limited Company (the “Offshore Fund”).
The Master Fund, the Offshore Fund, and other private funds to which we provide investment
management services are each referred to as a “Fund” or “Client”, and collectively referred to as
the “Funds” or the “Clients”.
Our investment decisions and advice with respect to each Fund are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective offering documents (“Offering
Documents”) and/or our investment management agreement. Limited partners or shareholders
of the Funds for which a Harspring affiliate serves as the general partner, who we refer to as
“Investors,” do not have the ability to impose restrictions on the Funds’ investments.
Where we provide investment management services to other private
funds for which we are not
the general partner, the services we provide are subject to the terms of our investment
management agreement with such client, which would reflect the investment objectives and
guidelines of the client.
We do not currently participate in any Wrap Fee Programs.
As of December 31, 2023, we have regulatory assets under management $690,801,000 managed
on a discretionary basis and no assets under management on a non-discretionary basis.
This Brochure does not constitute an offer to sell or a solicitation of an offer to buy any securities.
The Funds’ securities are offered and sold on a private placement basis under exemptions
promulgated under the “Securities Act” of 1933 and other applicable state, federal or non-U.S.
laws. Significant suitability requirements apply to prospective Investors in the Funds, including
requirements that they be “Accredited Investors” as defined in Securities Act and “qualified
purchasers” as defined in the Investment Company Act of 1940. Persons reviewing this Brochure
should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any
of the Funds described herein. Any such offer or solicitation will be made only by means of a
confidential private placement memorandum.