Spp Management Services, LLC

SPP Management Services, LLC, a registered investment adviser established in July 2006, specializes in providing investment advisory services to private investment funds, focusing on lower middle market companies in manufacturing, distribution, and business services sectors. The firm, wholly owned by Robert G. Calton III and James L. Johnson, manages approximately $546 million in client assets on a discretionary basis as of December 31, 2024. Summit Park charges management fees typically equal to 2% of investors' commitments, with fees prorated if services are terminated early. Additionally, performance-based compensation in the form of carried interest is payable to the general partners of the funds. Clients, including institutional investors and high-net-worth individuals, may invest in the Funds with commitments ranging from $100,000 to $5,000,000. Summit Park offers co-investment opportunities and may engage operating partners to support portfolio company growth. The firm's investment strategies include recapitalizations, management buyouts, and corporate divestitures in the lower middle market. Clients should be aware of risks such as illiquidity, financial market fluctuations, and reliance on the expertise of Summit Park. The firm maintains custody of client assets, exercises investment discretion, and votes client securities in the best interests of the Funds. Summit Park has a Code of Ethics to prevent conflicts of interest and requires disclosure of personal holdings and transactions by employees. The firm does not engage third-party solicitors and does not currently utilize broker-dealers for transactions.