Spring Mountain Capital

Spring Mountain Capital is a private investment management firm, founded in 2001 by John L. (“Launny”) Steffens, that focuses on alternative asset investing and offers investors a wide range of strategies designed to produce attractive risk-adjusted returns. SMC is organized into five investment groups: Growth Equity, Total Return, Private Capital, Social Impact, and Municipal Bonds. This combination provides the firm with expansive knowledge in each investment vertical, which helps guide investment decisions. The firm's senior professionals possess decades of investment experience and have complementary professional backgrounds in wealth management, investment banking, private equity, financial analysis, quantitative research, international tax, and finance. Based on an extensive network of personal and professional relationships, SMC is constantly searching for insightful investments from a wide range of sources.

SMC leverages its deep network and experience across multiple investment verticals to construct balanced portfolios of private credit, special situations, and private equity investments. In the private equity sector, SMC favors smaller managers with expertise in niche areas and prioritizes the high-growth technology and healthcare sectors. The firm seeks out liquid and illiquid ideas along with complex, misunderstood, and ignored situations. Its size and flexibility allow it to take advantage of interesting opportunities across sectors and stages around the globe.

Throughout its history, SMC's product suite has been designed to provide its clients and investors with the flexibility, adaptability, and insight essential when investing in today's complex markets. SMC offers diversified funds, co-investment opportunities, and customized separate accounts using actively managed private equity, hedge fund, special situation, and municipal bond portfolio strategies, all with the goal of producing attractive, risk-adjusted returns.