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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 4)*
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Silvercrest Asset Management Group Inc. (Name of Issuer) |
Class A Common Stock, $0.01 par value per share (Title of Class of Securities) |
828359109 (CUSIP Number) |
05/01/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
Long Path Partners LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
Long Path Holdings LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
HC, OO |
SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
Long Path Fund GP, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
William Brennan | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
HC, IN |
SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
Brian Nelson | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
HC, IN |
SCHEDULE 13G
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| CUSIP No. | 828359109 |
| 1 | Names of Reporting Persons
Long Path Smaller Companies Fund, LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
458,649.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
Silvercrest Asset Management Group Inc. | |
| (b) | Address of issuer's principal executive offices:
1330 Avenue of the Americas, 38th Floor New York, New York 10019 United States of America | |
| Item 2. | ||
| (a) | Name of person filing:
Long Path Partners, LP
Long Path Holdings LLC
Long Path Fund GP, LLC
William Brennan
Brian Nelson
Long Path Smaller Companies Fund, LP | |
| (b) | Address or principal business office or, if none, residence:
Long Path Partners, LP
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
United States of America
Long Path Holdings LLC
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
United States of America
Long Path Fund GP, LLC
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
United States of America
William Brennan
c/o Long Path Partners, LP
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
Brian Nelson
c/o Long Path Partners, LP
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
Long Path Smaller Companies Fund, LP
1 Landmark Square, Suite 1920
Stamford, Connecticut 06901
United States of America | |
| (c) | Citizenship:
Long Path Partners, LP - Delaware
Long Path Holdings LLC - Delaware
Long Path Fund GP, LLC - Delaware
William Brennan - United States
Brian Nelson - United States
Long Path Smaller Companies Fund, LP - Delaware | |
| (d) | Title of class of securities:
Class A Common Stock, $0.01 par value per share | |
| (e) | CUSIP No.:
828359109 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
Long Path Partners, LP - 458,649
Long Path Holdings LLC - 458,649
Long Path Fund GP, LLC - 458,649
William Brennan - 458,649
Brian Nelson - 458,649
Long Path Smaller Companies Fund, LP - 458,649 | |
| (b) | Percent of class:
Long Path Partners, LP - 4.8%
Long Path Holdings LLC - 4.8%
Long Path Fund GP, LLC - 4.8%
William Brennan - 4.8%
Brian Nelson - 4.8%
Long Path Smaller Companies Fund, LP - 4.8% %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
Long Path Partners, LP - 0
Long Path Holdings LLC - 0
Long Path Fund GP, LLC - 0
William Brennan - 458,649
Brian Nelson - 0
Long Path Smaller Companies Fund, LP - 0 | ||
| (ii) Shared power to vote or to direct the vote:
Long Path Partners, LP - 458,649
Long Path Holdings LLC - 458,649
Long Path Fund GP, LLC - 458,649
William Brennan - 0
Brian Nelson - 458,649
Long Path Smaller Companies Fund, LP - 458,649 | ||
| (iii) Sole power to dispose or to direct the disposition of:
Long Path Partners, LP - 0
Long Path Holdings LLC - 0
Long Path Fund GP, LLC - 0
William Brennan - 458,649
Brian Nelson - 0
Long Path Smaller Companies Fund, LP - 0 | ||
| (iv) Shared power to dispose or to direct the disposition of:
Long Path Partners, LP - 458,649
Long Path Holdings LLC - 458,649
Long Path Fund GP, LLC - 458,649
William Brennan - 0
Brian Nelson - 458,649
Long Path Smaller Companies Fund, LP - 458,649 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
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Ownership of 5 percent or less of a class
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
All of the securities reported in this Schedule 13G Amendment No. 4 are directly owned by advisory clients of Long Path Partners, LP. None of those advisory clients, other than Long Path Smaller Companies Fund, LP, may be deemed to beneficially own more than 5% of the Class A Common Stock, $0.01 par value per share. | ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please see Exhibit B attached hereto. | ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Comments accompanying signature: * Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
To the extent that "ownership of 5 percent or less of a class" was indicated in Item 5, such response only applies to the Reporting Person(s) that indicated elsewhere herein that it beneficially owns five percent (5%) or less of the class.
Exhibit Information
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Exhibit A - Joint Filing Agreement
Exhibit B - Control Person Identification |