Houston Bbp, LP
Real Estate FundFund ID 805-4623381927Delaware, United States
Gross assets
$236.5M
Min. investment
$224.4M
Beneficial owners
3
Size rank
Top 29%
Audited
Yes
Structure
Standalone
About this fund
Houston Bbp, LP is a real estate fund managed by Pennybacker Capital Management, LLC. The fund reports $236.5 million in gross assets, placing it among the top 29% of private funds by size. The stated minimum investment is $224.4 million. 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 | 805-4623381927 |
| Fund type | Real Estate Fund |
| 3(c)(1) exclusion | No |
| 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 |
| % of assets independently valued | 85% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Pennybacker VI, LP | Real Estate | $1.62B |
| Pennybacker V, LP | Real Estate | $812.6M |
| Pennybacker Critical Infrastructure Partners I, LP | Private Equity | $373M |
See all 27 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is Houston Bbp, LP?
Houston Bbp, LP reports $236.5 million in gross assets, among the top 29% of private funds by size.
What is the minimum investment for Houston Bbp, LP?
The stated minimum investment is $224.4 million.
Who manages Houston Bbp, LP?
Houston Bbp, LP is managed by Pennybacker Capital Management, LLC.
Does Houston Bbp, LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
P
Austin, TX
Service providers
Reported gross assets
$236.5M▼ 45%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 29%
Larger than 71% of 67,041 private funds
Gross assets vs Real Estate FundsTop 20%
Larger than 80% of 5,814 real estate funds
Minimum investmentTop 1%
Higher than 99% of funds reporting a minimum
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.