SPRING MOUNTAIN CAPITAL, LP

Thesis

Spring Mountain Capital, LP (SMC) is a New York-based alternative asset manager founded in 2001. The firm operates as a multi-strategy manager, combining private equity and hedge fund activities with sponsor/GP roles. SMC targets institutional investors and manages pooled investment vehicles and mandate-based portfolios. Their investment strategy includes Growth Equity (primarily Series B in North American enterprise technology and healthcare), Total Return (opportunistic across asset classes), Private Capital (private credit, special situations, PE funds), Municipal Bonds, and Social Impact (Opportunity Zone investing). They focus on investment opportunities in the gaps where larger investors may not focus, across industries like life sciences, cybersecurity, e-commerce, impact investing, VR, software, PropTech, IT & TMT, hospitality, media, education, biotech, fintech, and healthtech. As of March 1, 2026, AUM was $311 million, with a private fund gross asset value of $225 million. Affiliates of Stifel Financial Corp. were set to acquire over $1 billion in AUM from Spring Mountain Capital. The firm is registered with the SEC and does not identify as an active ESG investor.

Related lists

• Series B Fintech investors
• Series B Healthcare investors
• Series B Security investors