DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / SPP Management Services, LLC
SPP Management Services, LLC
Private equity with venture activity · probableCharlotte, NCsummitparkllc.comSEC registered investment adviserfundraising evidence
registered adviser; venture funds are 0% of 9 private funds
Importance
33
moderate
Active deployment
65
high
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
24
moderate
Identity and regulatory footprint
- Headquarters
- Charlotte, NCadviserinfo.sec.gov
- Office address
- 300 SOUTH TRYON STREET, SUITE 1210, Charlotte, NC, 28202adviserinfo.sec.gov
- Business phone
- 704-654-3400adviserinfo.sec.gov
- Website
- HTTP://WWW.SUMMITPARKLLC.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 30, 2024
- Private funds reported
- 9 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $504Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $504Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 20
- business phone
- 704-654-3400adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
24 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- north carolina
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 24
Funds and vehicles
3 reported, 4 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Summit Park II, L.P. | Fund · ADV: Private Equity Fund | 2014 form d first sale | Harvest | $23.9M Apr 30, 2024 | 12 | $56.4M | Sep 15, 2014 |
| Summit Park I-A, L.P. | Feeder or parallel · ADV: Private Equity Fund | 2012 form d first sale | Harvest | $4.2M Apr 30, 2024 | 4 | $11.5M | Apr 24, 2012 |
| Envoy Strategic Participation I, LLC | Fund | unknown | Fundraising | unknown | unknown | $0 of $500,000 | Jun 30, 2026 |
| NSI Summit Park Investors, LLC | Fund · ADV: Private Equity Fund | 2014 adv first reported | Wound down | $20.7M Aug 2, 2016 | 6 | unknown | unknown |
| Control 3 Common Investors, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $23.8M Mar 25, 2015 | 8 | unknown | unknown |
| Parkline Sp Investors, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $2.4M Aug 2, 2016 | 2 | unknown | unknown |
| SPP Investments, LLC | Fund · ADV: Private Equity Fund | unknown | Wound down | $125,000 Apr 24, 2012 | 2 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
26 current, 1 departed
Garrett Steneman
AssociateAssociate
Jack Sharpe
AssociateAssociate
John Hyde
AssociateAssociate
Josh Cramer
AssociateAssociate
Bob Calton
Managing partnerManaging Partner
Jim Johnson
Managing partnerManaging Partner
Chris Cotton
Operating partnerOperating Partner, Finance; CCO
Maddy Hopsicker
Operating partnerOperating Partner, Talent
Tom Duncan
Operating partnerOperating Partner, Growth & Innovation
Andrew Gilbert
PartnerPartner
James Leo Johnson
PartnerManager (Of Registrant) · since Jul 1, 2006
Robert George Calton
PartnerManager (Of Registrant) · since Jul 1, 2006
Ben Murphy
Platform and operationsController
Christopher Keith Cotton
Platform and operationsChief Compliance Officer · since Jan 1, 2016
Elizabeth Allingham
Platform and operationsExecutive Assistant and Office Manager
Jared Wagner
Platform and operationsDirector of Finance
Neale Butler
Platform and operationsSenior Associate - Business Development and Marketing
Noah Danzig
Platform and operationsAssistant Controller
Rachel Hannon
Platform and operationsPartner & COO
Alex Sarkisian
PrincipalPrincipal
Charlie Griffin
PrincipalPrincipal
Stephen Stites
PrincipalPrincipal
Conor Smith
Vice presidentSenior Associate
Jon McCarthy
Vice presidentVice President
Mason Elmore
Vice presidentSenior Associate, Business Development
Parker Widhelm
Vice presidentVice President, Business Development
1 departed (kept with end dates)
- Justin Lay · Member (Relying Adviser) · Dec 1, 2012 to Mar 30, 2018 Inference
Investments on record
24 edges, 24 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
9 relationships from shared deals, counted for the whole firm
Wonder Ventures Management, LLC 1 shared · one timeDifferential Venture Partners, LLC 1 shared · one timeNextview Ventures 1 shared · one timeCSC Upshot Ventures Management, LLC 1 shared · one timeNEA: New Enterprise Associates 1 shared · one timeParade Ventures Management, LLC 1 shared · one timeMercato 1 shared · one timeBoyne Capital 1 shared · one timeWSC & Company, LLC 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
14 dated events
- Mar 30, 2018Justin Deems Lay (Member (Relying Adviser)) no longer on Schedule A of SPP Management Services, LLC
- Mar 31, 2017NSI Summit Park Investors, LLC no longer reported on Form ADV by SPP Management Services, LLCFund no longer reportedFundsInferenceNSI Summit Park Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2017Parkline Sp Investors, LLC no longer reported on Form ADV by SPP Management Services, LLCFund no longer reportedFundsInferenceParkline Sp Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2016Control 3 Common Investors, LLC no longer reported on Form ADV by SPP Management Services, LLCFund no longer reportedFundsInferenceControl 3 Common Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2016Christopher Keith Cotton joined Schedule A of SPP Management Services, LLC as Chief Compliance Officer
- Mar 25, 2015Summit Park II, L.P. first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $57,025,000Fund first reported on Form ADVFundsFactSummit Park II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 12, 2014NSI Summit Park Investors, LLC first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $15,400,000Fund first reported on Form ADVFundsFactNSI Summit Park Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 12, 2014SPP Investments, LLC no longer reported on Form ADV by SPP Management Services, LLCFund no longer reportedFundsInferenceSPP Investments, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 1, 2012Justin Lay joined Schedule A of SPP Management Services, LLC as Member (Relying Adviser)
- Apr 24, 2012Control 3 Common Investors, LLC first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $12,500,000Fund first reported on Form ADVFundsFactControl 3 Common Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 24, 2012SPP Management Services, LLC first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 24, 2012Parkline Sp Investors, LLC first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $2,500,000Fund first reported on Form ADVFundsFactParkline Sp Investors, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 24, 2012SPP Investments, LLC first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $125,000Fund first reported on Form ADVFundsFactSPP Investments, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 24, 2012Summit Park I-A, L.P. first reported on Form ADV by SPP Management Services, LLC (Private Equity Fund), GAV $11,475,000Fund first reported on Form ADVFundsFactSummit Park I-A, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 0% of 9 private funds
Evidence
48 observations from 2 sources