photo of a Pennybacker colleague sitting at a desk with a laptop
OUR COMPANY

Discover the Pennybacker why

Livelihoods matter here. We’ve delivered repeatable success for our partners over the past 18+ years — and we’ll keep on innovating to serve them for the next 118+ years.

photo of 3 Pennybacker colleagues having a discussion in the kitchen
photo of a Pennybacker colleague sitting in the kitchen

Our passion is to do the right thing for our 3 Ts:

1
Teachers

We are dedicated to protecting and growing capital for endowment funds, pensioners, retirees, and families, far into the future.

2
Tenants

We feel called to elevate the human experience at each of our properties. We are committed to improving tenant and resident life through real estate acquisition, redevelopment and management, and infrastructure enhancement.

3
Teams

We support each other personally and professionally, because a win for one of us is a win for all of us. Our emphasis on collaboration across diverse perspectives and wide-ranging expertise makes us agile and creative problem solvers for our partners

Our passion is to do the right thing for our 3 Ts:

1
Teachers

We are dedicated to protecting and growing capital for endowment funds, pensioners, retirees, and families, far into the future.

2
Tenants

We feel called to elevate the human experience at each of our properties. We are committed to improving tenant and resident life through real estate acquisition, redevelopment and management, and infrastructure enhancement.

3
Teams

We support each other personally and professionally, because a win for one of us is a win for all of us. Our emphasis on collaboration across diverse perspectives and wide-ranging expertise makes us agile and creative problem solvers for our partners.

photo of 2 Pennybacker colleagues having a discussion in the kitchen

Our win-for-all attitude is good for business

How do we sustainably deliver success? We stay flexible and pride ourselves on creative problem-solving. Rather than focusing on the challenge of the moment, we prioritize building long-term relationships that benefit all stakeholders.

When it comes to sustainability goals, we see them as good for long-term business sustainability. We evaluate risks and opportunities throughout our investment process, applying best-in-class practices that fit our win-for-all equations.

photo of 2 Pennybacker colleagues having a discussion on a bench
2006
COMPANY INCEPTION
62
investment professionals
5
nationwide offices
18+
years of investment experience
As of June 30, 2024
photo of Pennybacker bridge in Austin, TX

We’re proud of each chapter in our history

CHAPTER 3

Growing Forward

2024
2024

Strategic focus on opportunities for growth identified by Pennybacker αlphaTM

2021
2021

Real estate and Infrastructure solutions launched

2020
2020

Milestone 1.6x firm growth achieved from 2006 to 2020

2012-18
2020

Growth fuels expansion, Denver and New York City offices opened

CHAPTER 2

Building Pennybacker

2011
2011

Institutional capital fuels our evolution as an institutional investment manager

2008-10
2008

Track record of success in distressed investing through the Great Financial Crisis

2006
2006

Pennybacker founded to combine tech innovation with human expertise

CHAPTER 1

Laying our foundations

2001-05
2001

Our leadership spurs a vertically integrated retail development firm, building a real estate investment and redevelopment start-up from scratch