# Springhouse Capital Management, LP

> Springhouse Capital Management, LP is an SEC-registered investment advisory firm, registered since 2014, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 163080
- Filed as: SPRINGHOUSE CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/163080
- AdvisorCensus page: https://advisorcensus.com/firm/springhouse-capital-management-lp-163080

## Quick answers

**How is Springhouse Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Springhouse Capital Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Springhouse Capital Management, LP charge?**
Its Form ADV Part 2A brochure dated March 30, 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.

**Is Springhouse Capital Management, LP registered with the SEC or a state?**
Springhouse Capital Management, LP is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 163080.

**How much does Springhouse Capital Management, LP manage?**
Springhouse Capital Management, LP reports $196,592,689 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Springhouse Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Springhouse Capital Management, LP: Regulatory assets under management: $201,419,698 in the October 2021 data and $196,592,689 in the October 2026 data, down 2%. Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Springhouse Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does Springhouse Capital Management, LP 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/163080

**What changed in Springhouse Capital Management, LP's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $167,621,275 to $196,592,689 (+17%).

## 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 March 30, 2026)

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

> Springhouse is paid a management fee, payable quarterly in advance, of 1.5% per year of the value of each limited partners’ interest in the Fund, calculated as of the first day of the calendar quarter.

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

### Regulatory assets under management (Item 5.F)
- Total: $196,592,689
- Discretionary: $196,592,689
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $196,592,689 |

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

### Firm details
- Registered since: 2014 (12 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $201,419,698 | 2 | March 29, 2021 |
| October 2022 | $210,803,480 | 2 | March 28, 2022 |
| October 2023 | $204,694,690 | 2 | March 23, 2023 |
| October 2024 | $192,085,816 | 2 | March 28, 2024 |
| October 2025 | $167,621,275 | 2 | March 24, 2025 |
| October 2026 | $196,592,689 | 2 | March 30, 2026 |

Regulatory assets under management: $201,419,698 in the October 2021 data and $196,592,689 in the October 2026 data, down 2%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $167,621,275 to $196,592,689 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Springhouse Capital Management, LP (CRD 163080): Form ADV filing data as of October 2026.