Spring St. Group

Spring St. Group

Spring St. Group began operations in 2018 under Glenn Nussdorf. The firm manages assets generated by Quality King Distributors, the core family enterprise active in distribution, pharmacy and large-scale retail. Sammy Nussdorf serves as director while Jed Nussdorf holds a principal role and leads Soapstone Management. The office commits to venture capital and growth equity through direct co-investments, SPVs and fund-of-funds vehicles. Asset classes include healthcare services, financial technology, supply chain and logistics, media and entertainment, and proptech. Confirmed positions include a minority stake in Major Food Group. Activity centers on North America with emphasis on early- through late-stage opportunities that accept operational support from the family enterprise. No public headcount or AUM figures exist. The firm maintains its headquarters at 134 Spring Street in New York and holds additional properties including Meadow Lane Tribeca. The Nussdorf Family Foundation conducts separate philanthropic activity, including membership in the US Holocaust Memorial Museum Founders Society. Julius Peter, principal and CFO, belongs to the Forbes Finance Council. The office maintains a direct link between its investment mandate and Quality King Distributors operations. This connection supplies sourcing access and operational expertise unavailable to standalone family offices without an active industrial base.