EFDID: 231794EFD: Raw Data

Issuer: SPRINGBANK VALUE PARTNERS LP (0001144903) - D

Accession: 0001140331-17-000002 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Feb. 6, 2017
EFD Posted: Feb. 6, 2017
- < edgarSubmission >
  < schemaVersion > X0707 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001144903 </ cik >
  < entityName > SPRINGBANK VALUE PARTNERS LP </ entityName >
- < issuerAddress >
  < street1 > 116 NEWTOWN ROAD </ street1 >
  < city > HAMPTON BAYS </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 11946 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > 917 836-9480 </ issuerPhoneNumber >
  < jurisdictionOfInc > NEW YORK </ jurisdictionOfInc >
- < issuerPreviousNameList >
  < value > None </ value >
  </ issuerPreviousNameList >
- < edgarPreviousNameList >
  < value > None </ value >
  </ edgarPreviousNameList >
  < entityType > Limited Partnership </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Timothy </ firstName >
  < middleName > Joseph </ middleName >
  < lastName > Curro </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 116 Newtown Road </ street1 >
  < city > Hampton Bays </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 11946 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Mr. Curro is the owner of sole-member SBVP, LLC. SBVP, LLC is the managing general partner of Springbank Value Partners, L.P. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Springbank Capital, LLC </ firstName >
  < lastName > N/A </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 2216 Clay Street, Apt. 1 </ street1 >
  < city > San Francisco </ city >
  < stateOrCountry > CA </ stateOrCountry >
  < stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >
  < zipCode > 94115 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > Springbank Capital, LLC is the non-managing general partner of Springbank Value Partners, L.P. </ relationshipClarification >
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > SBVP, LLC </ firstName >
  < lastName > N/A </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 116 Newtown Road </ street1 >
  < city > Hampton Bays </ city >
  < stateOrCountry > NY </ stateOrCountry >
  < stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >
  < zipCode > 11946 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Promoter </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification > SBVP, LLC is the managing general partner of Springbank Value Partners, L.P. </ relationshipClarification >
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Pooled Investment Fund </ industryGroupType >
- < investmentFundInfo >
  < investmentFundType > Hedge Fund </ investmentFundType >
  < is40Act > false </ is40Act >
  </ investmentFundInfo >
  </ industryGroup >
- < issuerSize >
  < aggregateNetAssetValueRange > $50,000,001 - $100,000,000 </ aggregateNetAssetValueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 3C </ item >
  < item > 3C.1 </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2000-02-01 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > true </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isPooledInvestmentFundType > true </ isPooledInvestmentFundType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 1000000 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > Frank Edwards </ recipientName >
  < recipientCRDNumber > None </ recipientCRDNumber >
  < associatedBDName > Aqueduct Capital Group, LLC </ associatedBDName >
  < associatedBDCRDNumber > 131452 </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > 2820 Selwyn Avenue, Suite 550 </ street1 >
  < city > Charlotte </ city >
  < stateOrCountry > NC </ stateOrCountry >
  < stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >
  < zipCode > 28209 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > AL </ state >
  < description > ALABAMA </ description >
  < state > CO </ state >
  < description > COLORADO </ description >
  < state > CT </ state >
  < description > CONNECTICUT </ description >
  < state > NJ </ state >
  < description > NEW JERSEY </ description >
  < state > NY </ state >
  < description > NEW YORK </ description >
  < state > NC </ state >
  < description > NORTH CAROLINA </ description >
  < state > SC </ state >
  < description > SOUTH CAROLINA </ description >
  < state > TX </ state >
  < description > TEXAS </ description >
  < state > VA </ state >
  < description > VIRGINIA </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 300000000 </ totalOfferingAmount >
  < totalAmountSold > 28617517 </ totalAmountSold >
  < totalRemaining > 271382483 </ totalRemaining >
  < clarificationOfResponse > Total amount sold is the sum of initial investments by the investors. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 37 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 417159 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > Aqueduct Capital Group, LLC, a registered broker-dealer founded in 2006, receives customary management fees and performance allocations </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse > Value Holdings Management Co LLC receives customary management fees as described in the Issuer's Confidential Private Placement Memorandum. </ clarificationOfResponse >
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > SPRINGBANK VALUE PARTNERS LP </ issuerName >
  < signatureName > Timothy J. Curro </ signatureName >
  < nameOfSigner > Timothy J. Curro </ nameOfSigner >
  < signatureTitle > Managing Member of SBVP, LLC </ signatureTitle >
  < signatureDate > 2017-02-06 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Feb. 6, 2017
EFD Posted: Feb. 6, 2017