Springhouse Capital Management, LP (Westport)

Springhouse Capital Management, LP is a large advisory firm based in Westport. It manages $375.52 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Connecticut and New York.

Springhouse Capital Management 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.

Springhouse Capital Management: assets under management

The assets under management (AUM) of Springhouse Capital Management, LP is $375.52 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $375.52 million of the total AUM is attributable to clients outside of the United States.

The firm manages $375.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $375.52 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Springhouse Capital Management, LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Springhouse Capital Management serves?

The only and largest group of clients of Springhouse Capital Management is pooled investment vehicles with 1 clients and $375.52 million of assets under management. Among the 8 most similar advisory firms, Springhouse Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $375.52 million for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Springhouse Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Springhouse Capital Management, LP

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian Scott Gaines	Limited partner, managing member of the general partner, chief compliance officer	1 Oct 2003	75% - 100%	2988635
Llc Gotham Advisers	Limited partner	1 Oct 2003	Other	30-0107844
Llc Springhouse Capital Management G.P.	General partner	1 Oct 2003	Other	86-1085544

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Joel Michael Greenblatt	Managing member	1 Oct 2003	25% - 50%	1335618
Robert Laurence Goldstein	Member	1 Oct 2003	25% - 50%	1701590
Lewis Gaines	Member	1 Oct 2003	50% - 75%	6046828

Based in Westport

The principal office where Springhouse Capital Management, LP performs its advisory services is located at 18 Burr Farms Road, Westport, CT 06880 3817, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-319-2570 or by fax 212-319-4419. The normal business hours are 9-5 on Monday - Friday.