Spring Bridge Partners’ investments generally fall into four categories:
Spring Bridge Partners steps in when a fund’s general partner is looking to offer liquidity to existing investors with the intention of either continuing to manage the portfolio or in some cases, not managing the portfolio. These transactions may take the form of a fund restructuring or a sale of a “strip” of a fund’s interest to Spring Bridge Partners.
Spring Bridge Partners seeks out opportunities to spin out captive investment groups and portfolios from financial institutions, corporations and family offices where the captive group is not a primary focus of the parent. Spinouts generally involve the acquisition by Spring Bridge Partners of portfolios of direct illiquid investments alongside the spinout of the captive teams that made the investments.
Spring Bridge Partners can structure an investment using a loan, preferred debt or preferred equity in place of acquiring a straight equity interest in an investment portfolio. Structured transactions typically aim to provide liquidity either to a limited partner in its holdings in diversified pools of funds or to all LPs in a single fund. Sometimes Spring Bridge will finance only future obligations of the counter-party.
GP Liquidity Solutions
Spring Bridge Partners also offers liquidity to general partners, allowing them to increase their GP commitments; Seed new investment strategies; provide working capital and accelerate team growth; facilitate succession by financing the buy-out of retiring partners; and create personal liquidity for individuals.