NEWSPRING CAPITAL other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm


Number of Employees:

66

of those in investment advisory functions:

46 -4.17%


Registration:

SEC, Approved, 3/13/2012

AUM:

3,073,002,119 30.75%

of that, discretionary:

3,073,002,119 30.75%

Private Fund GAV:

3,240,015,666 37.86%

Avg Account Size:

118,192,389 15.66%


SMA’s:

NO

Private Funds:

26 3

Contact Info

610 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 1B 705M 353M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 26 $3,240,015,666

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Private Funds



Employees




Brochure Summary

Overview

NewSpring Capital is based in Radnor, Pennsylvania and is a provider of private equity capital focused primarily in the Mid-Atlantic region, but with operations and investments across the United States. NewSpring Capital has satellite offices in Denver, Colorado and New York, New York, as well as an employee in Chicago, IL, an employee in Towson, MD and an employee in San Francisco, CA. The Firm began in 1999. NewSpring Capital is a group of related investment advisers that together file a single registration. The filing adviser is NSV II Management Company, LLC. The Relying Advisers are:  Commerce Health Capital, LLC;  NSG III Management Company, LLC;  NewSpring Mezzanine Capital Management, LLC;  NewSpring Holdings Management Company, LLC;  NSG IV Management Company, LLC;  NewSpring Mezzanine Capital Management III, LLC;  NSH III Management Company, LLC;  NSG V Management Company, LLC;  NewSpring Mezzanine Capital Management IV, LLC;  NewSpring Franchise Management Company, LLC;  NSH IV Management Company, LLC;  NewSpring Mezzanine Capital Management V, LLC;  NSF II Management Company, LLC; and  NewSpring Holdings Management Company II, LLC. NewSpring Capital LLC is a partial direct or indirect owner of the investment advisers and supports the advisory business with infrastructure. These entities are collectively referred to herein as “NewSpring Capital”). Michael A. DiPiano, Marc R. Lederman, Glenn T. Rieger, and NewSpring Capital LLC are the principal owners of NSV II Management Company, LLC, NSG III Management Company, LLC, and NSG IV Management Company, LLC. Michael A. DiPiano, Marc R. Lederman, and NewSpring Capital, LLC are the principal owners of NSG V Management Company, LLC. Brian Murphy and NewSpring Capital LLC are the principal owners of Commerce Health Capital, LLC. Steve Hobman, Andrew Panzo, and NewSpring Capital LLC are the principal owners of NewSpring Mezzanine Capital Management, LLC. Steve Hobman, Andrew Panzo, Greg Barger, and NewSpring Capital LLC are the principal owners of NewSpring Mezzanine Capital Management III, LLC. Steve Hobman, Andrew Panzo, Greg Barger, Anne
Vazquez, and NewSpring Capital LLC are the principal owners of NewSpring Mezzanine Capital Management IV, LLC and NewSpring Mezzanine Capital Management V, LLC. Walter Maner, James Ashton, and NewSpring Capital LLC are the principal owners of NewSpring Holdings Management Company, LLC. Walter Maner, James Ashton, Lee Garber and NewSpring Capital are the principal owners of NewSpring Holdings Management Company II, LLC. Brian Murphy, Kapila Ratnam, and NewSpring Capital, LLC are the principal owners of NSH III Management Company, LLC and NSH IV Management Company, LLC. Satyakanth Ponnuru, Patrick Sugrue, and NewSpring Capital, LLC are the principal owners of NewSpring Franchise Management Company, LLC and NSF II Management Company, LLC. As described more fully below, NewSpring Capital currently provides investment management services to several pooled investment vehicles (the “Funds”), managed under different investment strategies, each of which is offered to qualified investors exclusively on a “private placement” basis. As of December 31, 2023, NewSpring Capital has approximately $3.07 billion of regulatory assets under management (“RAUM”), all of which are managed on a discretionary basis. RAUM figures and other information regarding the Entities are provided in Form ADV Part 1A. NewSpring Capital does not tailor the investment decisions of the Funds to individual investors and investors generally will not be able to impose restrictions on the Funds’ investments in certain securities or types of securities. The Funds offered by NewSpring Capital fall into the following five investment strategies: NewSpring Growth, NewSpring Healthcare, NewSpring Mezzanine, NewSpring Holdings, and NewSpring Franchise. Please see Item 8 for more information on these investment strategies and NewSpring Capital’s advisory business. NewSpring may in its discretion add additional strategies in the future. Please see the relevant Fund’s Confidential Private Placement Memorandum or similar offering document (each, an “Offering Memorandum”) for additional details on the terms of an investment in that Fund. NewSpring Capital does not participate in Wrap Fee Programs.