Wealthspring Capital LLC

Wealthspring Capital LLC is a financial advisor firm established in February 2019 and located in West Harrison, NY. The firm specializes in offering ongoing investment advisory services primarily focused on investments in special purpose acquisition companies (SPACs) and structured notes. They also manage accounts invested in U.S. Treasury Bills or Cliffwater Corporate Lending Fund. Wealthspring Capital typically offers discretionary accounts, where they select securities and execute transactions without client permission beforehand. The firm charges an annual blended fee based on assets under management, with breakpoints ranging from 0.70% to 0.50%. Clients may impose reasonable restrictions on investments, and the firm may waive account minimums at its discretion. Wealthspring Capital is a fiduciary and provides insights into its investment strategies, including risks associated with SPACs, structured notes, and other investments. The firm reviews client accounts regularly and has a Code of Ethics in place to ensure fair treatment. Wealthspring Capital also discloses its brokerage practices, including the use of custodial brokers like Charles Schwab & Co., Inc. Clients have the right to report any potential securities law violations to regulatory authorities. The firm acknowledges its fiduciary duty to vote proxies in the best interest of clients and handles trade errors promptly. Wealthspring Capital does not require prepayment of fees exceeding $1,200 per client, six months in advance, and has no financial conditions likely to impair meeting contractual commitments.