About Spring Mountain Capital

Leveraging our vast network of industry contacts and advisors to help our portfolio companies succeed

Meet Our Founders

Spring Mountain Capital was founded in 2001 by John L. (“Launny”) Steffens with the goal of providing customized investment management services to private clients. Mr. Steffens was formerly Vice Chairman of Merrill Lynch & Co., Inc. and Chairman of its U.S. Private Client Group. Under his leadership, the Merrill Lynch Private Client Group increased assets under management from $200 billion to $1.6 trillion and Merrill Lynch & Co. became one of the largest brokerage operations in the world. During the summer of 2001, Gregory P. Ho joined SMC as its President. Previously, Mr. Ho spent 16 years at McKinsey &Company, Inc., where he was the firm’s Chief Financial Officer.

SMC is organized into five investment groups: Growth Equity, Total Return, Private Capital, Opportunity Zones and Municipal Bonds. This combination provides the firm with expansive knowledge in each investment vertical, which helps guide our investment decisions.