SPC Management provides portfolio management for pooled vehicles. The firm advises 5 private funds.
SPC Management reports 5 pooled investment vehicles. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($960M across 5 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Pooled investment vehicles | 100% | 100% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 5 | $960M | 100.0% | $192M |
| Total | 5 | $960M | 100% | $192M |
- Clients
- 5
- Regulatory AUM
- $960M
- AUM share
- 100.0%
- Avg. per client
- $192M
Total
- Clients
- 5
- Regulatory AUM
- $960M
- AUM share
- 100%
- Avg. per client
- $192M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 5
SPC Management is paid through a percentage of assets under management, performance-based fees and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Andrew Richards owns 75% or more of SPC Management. The leadership team of SPC Management includes Chief Financial Officer Virginia Calvo. It has 18 employees, 17 of them in advisory roles.
Leadership
- Virginia CalvoChief Compliance Officer and Chief Financial Officer
- Alexander LittManaging Director
- Tyler MatlockManaging Director
- Andrew RichardsFounder & CEO, Managing Director; Shareholder
- Carl StoutManaging Director
Staff
- 18 employees
- 17 in advisory functions
- Owns 75% or more of SPC Management Co., Inc.
Andrew Richards
Control person · since August 1997
SPC Management’s regulatory assets fell from $1.01B (March 2021) to $960M (March 2026); clients rose from 3 to 5 and employees fell from 21 to 18.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $960M | 5 | 18 | 2 |
| March 2025 | $1.09B | 5 | 19 | 2 |
| March 2024 | $1.17B | 5 | 20 | 3 |
| March 2023 | $1.36B | 5 | 19 | 3 |
| March 2022 | $1.26B | 4 | 20 | 3 |
| March 2021 | $1.01B | 3 | 21 | 3 |
Besides its headquarters, SPC Management has 1 office, with 2 listed addresses in California and New Jersey.
California · 1 listed address
- 601 California Street, San Francisco
New Jersey · 1 listed address
- 550 Hills Drive, Suite 220, BedminsterHQ
Contact and registration details
- Legal name
- SPC Management Co., Inc.
- Headquarters
- 550 Hills Drive, Suite 220, Bedminster, NJ 07921
- Website
- spcap.com
- Phone
- 908-719-2322
- @swander-pace-capital
- SEC file
- 801-73410
- Structure
- California corporation
- Fiscal year end
- December
SPC Management has custody of client assets.
How many clients does SPC Management have?
SPC Management has 5 clients and manages $960 million for them, as of March 2026. They include 5 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does SPC Management offer?
SPC Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does SPC Management have?
SPC Management has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 17 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns SPC Management?
SPC Management’s direct owner is Andrew Richards (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does SPC Management get paid?
SPC Management is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is SPC Management registered with the SEC?
Yes, SPC Management has been registered with the SEC as an investment adviser since 28 March 2012. Its CRD number is 157259 and its SEC file number is 801-73410.
Source: Form ADV Part 1A, Item 1, filed 23 March 2026; IAPD firm record
How do I contact SPC Management?
SPC Management’s main office is at 550 Hills Drive, Suite 220, Bedminster, NJ 07921. Its phone number is 908-719-2322. Its website is spcap.com.