Managers/Private credit/Texas/Pennybacker Capital Management

Pennybacker Capital Management

Pennybacker Capital Management is a private credit and private equity manager in Austin, TX. It is registered with the SEC as an investment adviser with $4.9B in regulatory assets and 63 staff. It has 10 funds on file, the latest reported in August 2026.

Funds on file
10
Raised, all funds
$2.3B
Regulatory assets
$4.9B
Staff
63
Pension investors
1
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Aug 2026 Pennybacker VII, LP Private equity $0 Not given
Jun 2025 Pennybacker Critical Infrastructure Partners I B, LP Private equity $388M Not given
Jun 2025 Pennybacker Critical Infrastructure Partners I, LP Private equity $388M Not given
Aug 2023 Pennybacker VI, LP Private equity $1B $2B
Apr 2022 Pennybacker Real Estate Credit II, LP Private credit $160.5M $200M
Mar 2022 PBC Denver 2021 Equity I, LP Private equity $20M $20M
Dec 2021 PBC Austin 2021 Equity I, LP Private equity $20M $20M
Dec 2021 Pennybacker Credit II-A, LP Private credit $25M $25M
Feb 2021 Pennybacker EIV, LP Private equity $275M $275M
Dec 2020 Pennybacker Credit I, LP Private credit $58M $58M

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$4.9B
Employees63
Clients33 private funds.
Control personsThomas, Henry Beier, Angela, Michelle Berry, Timothy, Parker Berry, Lindsey, Amber Jacot, Vincent, Patrick Reyna.
Private funds23 private funds holding $3.7B in gross assets.

Private funds it reports

FundTypeGross assets
Pennybacker VI Real estate $1.4B
Pennybacker V Real estate $857.8M
Pennybacker Evergreen Partners Real estate $270.6M
Pennybacker Eiv Real estate $259.5M
Pennybacker IV Real estate $225.1M
Pennybacker Critical Infrastructure Partners I Private equity $199.9M
Pennybacker Real Estate Credit II Real estate $136.6M
Pennybacker Iii Real estate $57.7M
Pennybacker Credit I Real estate $52.6M
PBC Allandale Real estate $24.8M
DFW Affordable Multifamily Holdings Real estate $20.8M
PBC Denver 2021 Equity I Real estate $19.8M
PBC Austin 2021 Equity I Real estate $19.8M
PBC 1111 W 6TH Real estate $16.3M
7938 Great Northern Real estate $15.6M