Overview
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Spark Investment Management LLC (“Spark”) was organized as a Delaware limited liability
company in November 2011 and commenced operations in January 2012. Spark is wholly
owned by Spark Holdings LLC, (“Holdings”) a Delaware limited liability company. Peter
Laventhol, the manager of Spark, is also the majority owner of Holdings.
Spark manages assets in pooled investment vehicles pursuant to the investment objectives,
strategies and restrictions, and guidelines as set forth in each client’s offering documents and/or
agreements with each client. Since Spark manages pooled investment vehicles, Spark’s
investment advice is provided directly to such investment vehicles and not individually to the
investment vehicles’ owners/investors. While Spark generally does not tailor its advisory
services to the needs of specific investors, Spark has entered into agreements with certain
investors regarding the participation by those investors in certain types of investments or asset
classes and/or investment strategies employed by Spark on behalf of its clients.
Spark manages its fund clients in a single master-feeder structure, with one or more feeder funds
investing some or all of their assets in the master fund. One or more feeder funds may also invest
a portion of its assets directly in certain investments or strategies, rather than through the master
fund.
As of December 31, 2023 Spark managed $392,177,325 of client assets on a discretionary basis.
Spark does not currently manage client assets on a non-discretionary basis and does not
participate in wrap fee programs.