PENNYBACKER CAPITAL MANAGEMENT, LLC

Overview

Pennybacker Capital Management, LLC is an SEC-registered investment manager formed as an LLC in 2012 that focuses on running pooled investment vehicles for institutional clients. The firm operates as a sponsor and general partner/managing member of funds and provides portfolio management for those vehicles; its regulatory filings also list CPO/CTA activity. Pennybacker is structured as an active fund manager rather than a capital allocator — it creates, manages and takes GP roles in funds rather than primarily allocating to external managers. Its business model includes fee arrangements based on a percentage of assets under management plus performance-based compensation, and other fee components where applicable. The firm does not identify as an active ESG investor. Client relationships are institutional in nature, and the adviser is not described as a pension consultant or related-adviser affiliate.

Assets & Accounts

Investments & Alternatives