Wealthspring Capital Adds Howard Roth to Advisory Board

Roth to contribute to Wealthspring Capital’s strategic vision and support its innovative approach to the SPAC market

NEW YORK — June 8, 2021 — Wealthspring Capital (“Wealthspring”) has added Howard Roth, CPA, to its Advisory Board. Wealthspring is an investment advisory firm that offers investment strategies to advisors, sophisticated high net-worth investors and family offices interested in gaining exposure to the special purpose acquisition companies (“SPACs”) space.

Roth will work closely with Wealthspring co-founders and managing partners Matthew Simpson and David Gallers in designing the firm’s strategic vision, driving profitability, and supporting Wealthspring’s objective of providing innovative investment strategies to its clients.

Roth is a Certified Public Accountant and serves as the Chairman of the Audit Committee and member of the Nominating and Governance Committee of Lexington Realty Trust (NYSE: LXP) and as a Board advisor to The BlackChamber Group, a private alternative asset manager. Most recently, Roth was a partner at Ernst & Young and led its Real Estate, Hospitality & Construction (RHC) practice for nearly a decade.

Wealthspring has been in a period of sustained and strategic growth since its founding in 2018 as investors embrace its approach to SPAC investing. The firm offers two SPAC-focused investment options for clients, a separately managed account (“SMA”) cash management strategy, US Treasuries + Alpha® with SPACs, and a newly-launched hedge fund, the Fountain Opportunities Fund. The SMA strategy offers investors access to SPACs while providing the recognized safety and security of US Treasuries, and its investors saw over 20% net returns* in 2020. The hedge fund is designed for sophisticated investors who are interested in accessing the entire SPAC lifecycle and capitalizing on the product’s inherent upside potential. Wealthspring serves clients in the U.S. and abroad and has amassed over $650 million in assets under management as of the end of Q1 2021.

“Howard is a recognized business leader with firsthand experience in leading large companies through periods of strategic growth,” said Simpson. “His perspectives on the global business environment and trends in the investment landscape will be invaluable for our growth and future success.”

Roth will serve alongside Robert Fleischman on the Wealthspring Advisory Board, providing counsel to the management team and supporting the firm’s ongoing growth.

*Past performance is not indicative of future results.