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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 16
of those in investment advisory functions 8 -11.11%
Registration SEC, Approved, 7/24/2020
Other registrations (2)
Former registrations

SPRING LANE MANAGEMENT, LLC

AUM* 418,646,404 1.85%
of that, discretionary 418,646,404 1.85%
Private Fund GAV* 152,717,689 54.00%
Avg Account Size 59,806,629 -12.70%
SMA’s No
Private Funds 7 1
Contact Info 617 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
411M 352M 294M 235M 176M 117M 59M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count7 GAV$152,717,689

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Brochure Summary

Overview

Spring Lane Management, LLC, a Delaware limited liability company, together with its relying adviser Spring Lane Management Canada Inc., a Canadian Corporation were formed in April 2017. Robert Day, Nikhil Garg, and Christian Zabbal are the founding Principals and owners of Spring Lane Capital. Spring Lane Capital is an investment management firm that provides advisory services to high-net-worth individuals and institutional investors through privately-offered, pooled investment vehicles, Spring Lane Capital Canada Fund I, LP, a Ontario limited partnership (the “Canadian Fund I”), Spring Lane Capital Canada Fund II, LP, a Ontario limited partnership (the “Canadian Fund II”) Spring Lane Capital Fund I, LP., a Delaware limited partnership (the “U.S. Fund I”), Spring Lane Capital Fund II, LP., a Delaware limited partnership (the “U.S. Fund II”), Spring Lane Capital Co-Investments, LP, a Delaware limited partnership (the “Co-Invest”), Spring Lane Capital Offshore Fund I, LP, a Delaware limited partnership (the “Offshore Fund I”), and Spring Lane Capital Offshore Fund II, LP, a Delaware limited partnership (the “Offshore Fund II”) (collectively called the “Fund” or “Funds” and each a “Fund”). The general partner of the U.S. Fund I and the Offshore Fund I is Spring Lane Capital Partners, LP, a Delaware Limited Partnership (the “U.S. General Partner I”), and the general partner of the U.S. Fund II, the Co-Invest and the Offshore Fund II is Spring Lane Capital Partners II, LP, a Delaware Limited Partnership (the “U.S. General Partner II”), and the general partner of the Canadian Fund I is Spring Lane Capital Partners Canada GP, Inc. (the “Canadian General Partner I” and together with the U.S. General Partner, collectively, the “General Partner”). The general partner of the Canadian Fund II is Spring Lane Capital Partners Canada GP
II, Inc. (the “Canadian General Partner II” and together with the U.S. General Partner, collectively, the “General Partner”). The General Partner and the Relying Adviser are subject to the Advisers Act pursuant to the Manager’s investment adviser registration in accordance with SEC guidance. This brochure also describes the business practices of the General Partner and the Relying Adviser, which operate as a single advisory business together with the Manager. Funds I and II are parallel private equity funds formed for the purpose of investing in a diverse portfolio of projects, companies, and securities (the Funds' investments, collectively, the “Portfolio Investments”). The Funds’ investment objective is to generate attractive total returns over time. The Funds seek to achieve their investment objective by making debt, equity, growth equity, and equity-related investments (and affiliated corporate investments) across a variety of sectors, including, without limitation, the food, water, waste, and energy sectors. The Funds are expected to focus on making Portfolio Investments that are project-level securities and structurally senior to other layers of the capital structure. The Funds will seek to invest primarily in Portfolio Investments located in the United States and Canada. The Manager’s investment management and advisory services to the Funds are provided pursuant to the terms of the private placement memorandum and investors in the Funds cannot obtain services tailored to their individual specific needs. Spring Lane Capital does not participate in a wrap fee program. As of December 31, 2023, Spring Lane Capital manages approximately $418,646,404 in regulatory assets under management on a discretionary basis. Spring Lane Capital does not intend to manage any assets on a non-discretionary basis.