1899 Penn Manager, LLC
Real Estate FundFund ID 805-4180312673Delaware, United States
Gross assets
$103K
Min. investment
$25K
Beneficial owners
12
Size rank
Top 98%
Audited
Yes
Structure
Standalone
About this fund
1899 Penn Manager, LLC is a real estate fund managed by Sterling Bay Capital Advisers, LLC. The fund reports $102,701 in gross assets, placing it among the top 98% of private funds by size. The stated minimum investment is $25,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-4180312673 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | Yes |
| 3(c)(7) exclusion | Yes |
| Master fund | No |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| Sales limited to qualified investors | Yes |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Sterling Bay Capital Partners IV, LP | Real Estate | $31.9M |
| Sterling Bay Capital Partners III, LP | Real Estate | $28.9M |
| Sbcp II Qualified Purchasers, LP | Real Estate | $22.6M |
See all 11 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is 1899 Penn Manager, LLC?
1899 Penn Manager, LLC reports $102,701 in gross assets, among the top 98% of private funds by size.
What is the minimum investment for 1899 Penn Manager, LLC?
The stated minimum investment is $25,000.
Who manages 1899 Penn Manager, LLC?
1899 Penn Manager, LLC is managed by Sterling Bay Capital Advisers, LLC.
Does 1899 Penn Manager, LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
S
Chicago, IL
Service providers
Reported gross assets
$103K▼ 33%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 98%
Larger than 2% of 67,041 private funds
Gross assets vs Real Estate FundsTop 99%
Larger than 1% of 5,814 real estate funds
Minimum investmentTop 90%
Higher than 10% of funds reporting a minimum
Investor base
Adviser & related persons34%
Funds of funds19%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.