A hybrid controller that induces provably stable running gaits on an Asymmetric Spring Loaded Inverted Pendulum (ASLIP) is developed. The controller acts on two levels. On the first level, continuous within-stride control asymptotically imposes a (virtual) holonomic constraint corresponding to a desired torso posture, and creates an invariant surface on which the two-degree-of-freedom restriction dynamics of the closed-loop system (i.e., the hybrid zero dynamics) is diffeomorphic to the center-of-mass dynamics of a Spring Loaded Inverted Pendulum (SLIP). On the second level, event-based control stabilizes the closed-loop hybrid system along a periodic orbit of the SLIP dynamics. The controller's performance is discussed through comparison with a second control law that creates a one-degree-of-freedom non-compliant hybrid zero dynamics. Both controllers induce identical steady-state behaviors (i.e., periodic solutions). Under transient conditions, however, the controller inducing a compliant hybrid zero dynamics based on the SLIP accommodates significantly larger disturbances, with less actuator effort, and without violation of the unilateral ground force constraints.