AUSTIN, Texas, Feb. 9, 2026 /PRNewswire/ — Pennybacker Capital Management, LLC (“Pennybacker”), a Texas-based real assets investment manager, is proud to celebrate the firm’s 20th anniversary. 2026 marks two decades of disciplined stewardship, long-term relationships, and a partnership-first approach shaped by the firm’s culture and commitment to consistent execution across market cycles.

Founded in 2006 by Tim Berry and named after the iconic Pennybacker Bridge overlooking Lake Austin, the firm was built on the idea that lasting partnerships are created through disciplined investing, transparent communication, and a deep understanding of the people and data – the “art and science” – behind every investment. Over the past 20 years, Pennybacker has expanded from a Texas-focused real estate investor into a diversified real assets investment manager investing across real estate and infrastructure. Today, Pennybacker oversees approximately $4.9 billion in assets under management and has executed 218 investments, including 125 realizations, deploying capital across the real assets risk spectrum. Headquartered in Austin, the firm maintains a national footprint with offices in Charlotte, Dallas, Denver, and New York.

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