# 37SPRUCE Investment Partners, LLC

> 37SPRUCE Investment Partners, LLC is an SEC-registered investment advisory firm in Greenwich, CT, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 28, 2026.

- CRD: 340176
- Filed as: 37SPRUCE INVESTMENT PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Greenwich, CT
- Filing period: October 2026
- Form ADV filing dated: July 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/340176
- AdvisorCensus page: https://advisorcensus.com/firm/37spruce-investment-partners-llc-greenwich-ct-340176

## Quick answers

**How is 37SPRUCE Investment Partners, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), 37SPRUCE Investment Partners, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**What does 37SPRUCE Investment Partners, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated July 28, 2026 states: Asset-based fee: 1.5% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 37SPRUCE Investment Partners, LLC located?**
37SPRUCE Investment Partners, LLC's principal office is in Greenwich, CT, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is 37SPRUCE Investment Partners, LLC registered with the SEC or a state?**
37SPRUCE Investment Partners, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 340176.

**How much does 37SPRUCE Investment Partners, LLC manage?**
37SPRUCE Investment Partners, LLC reports $150,000,000 in regulatory assets under management in its Form ADV filing dated July 28, 2026 (100% discretionary).

**What types of clients does 37SPRUCE Investment Partners, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (3).

**Does 37SPRUCE Investment Partners, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/340176

**What changed in 37SPRUCE Investment Partners, LLC's recent Form ADV filings?**
In the August 2026 filing data: Regulatory assets under management went from $0 to $150,000,000.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated July 28, 2026)

- Asset-based fee: 1.5% of assets a year

> Investors in the Private Fund typically pay a 1.5% management fee (the “Management Fee”) that is calculated based on the Investor’s pro rata share of the net asset value of such Private Fund

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $150,000,000
- Discretionary: $150,000,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 3 | $150,000,000 |
| Other | Fewer than 5 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2026 (0 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT, PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Wayne, PA

### Websites listed on Form ADV (Item 1.I)
- 37spruce.com
- LinkedIn @37spruce-investment-partners

## Changes in the filing (last 12 months)

### August 2026
- Regulatory assets under management went from $0 to $150,000,000.

### May 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 37SPRUCE Investment Partners, LLC (CRD 340176): Form ADV filing data as of October 2026.