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    <submissionType>13F-HR</submissionType>
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      <liveTestFlag>LIVE</liveTestFlag>
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      <filer>
        <credentials>
          <cik>0001212897</cik>
          <ccc>XXXXXXXX</ccc>
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      <periodOfReport>12-31-2020</periodOfReport>
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      <isAmendment>false</isAmendment>
      <filingManager>
        <name>North Run Capital, LP</name>
        <address>
          <ns1:street1>62 Walnut Street</ns1:street1>
          <ns1:city>Wellesley</ns1:city>
          <ns1:stateOrCountry>MA</ns1:stateOrCountry>
          <ns1:zipCode>02481</ns1:zipCode>
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      <reportType>13F HOLDINGS REPORT</reportType>
      <form13FFileNumber>028-11182</form13FFileNumber>
      <provideInfoForInstruction5>N</provideInfoForInstruction5>
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      <name>Thomas B. Ellis and Todd B. Hammer, Members of North Run Advisors, LLC,</name>
      <title>the General Partner of North Run Capital, LP</title>
      <phone>617 310-6130</phone>
      <signature>/s/ Michael Fisher, Attorney-in-Fact, Pursuant to Power of Attorney dated 2/15/18, incorporated herein by reference.</signature>
      <city>Wellesley</city>
      <stateOrCountry>MA</stateOrCountry>
      <signatureDate>02-16-2021</signatureDate>
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