History

Spring Mountain Capital initially focused on a strategy of exposure to hedge funds and private equity funds managed by third parties. Keeping to its founding principles of insight, innovation, adaptability and integrity, SMC's first focus was on gaining exposure to both hedge funds and private equity funds in a 70/30 mix. SMC subsequently focused on other strategies - including exposure to a widely-diversified, low volatility portfolio of third party managed hedge funds, a leveraged strategy of exposure to third party managed hedge funds, a more concentrated strategy, and a co-investment strategy.

Investor needs have shifted as a result of the recent market downturn, and SMC has reviewed its business strategy to respond to the changing investment environment. SMC continues to believe that investors should maintain a diversified portfolio base. Accordingly, SMC will continue to focus on its strategy of exposure to third party managed hedge funds. In addition, the recent market disruptions have given rise to a wide range of unique investment opportunities and SMC believes it should have the flexibility and capability to capitalize on these opportunities. SMC’s broader strategy will be expressed in the form of new investment strategies, such as a quantitative driven strategy, an emerging market strategy, opportunistic specialty strategy, interesting private offerings strategy, municipal bond strategy through an affiliate, and other registered investment vehicles.