Bultman Investment Management

Bernard J. Bultman III is the President of Bultman Investment Management, Inc. and directs the family's investment activities. Decision-making authority rests with him as the named principal, per public corporate filings. The firm does not publicly list any additional investment committee members or external advisors.

The firm does not participate in competitive auction processes or GP-led capital calls. Deal flow derives from the family's existing operational footprint — acquiring adjacent properties or assets that complement the funeral home and real estate holdings. This internal origination model reflects the integrated operating-company-plus-investment-office structure.

The firm's documented holdings are concentrated in commercial real estate, specifically properties tied to the Bultman family's funeral service operations in New Orleans. There is no public record of allocations to public equities, private equity funds, venture capital, or fixed income. The strategy appears to be single-asset-class real estate direct ownership.

No. The firm is structured as a single-family office serving exclusively the Bultman family. There is no evidence of external limited partners, co-investment clubs, or commingled fund vehicles. The entity does not register as an investment advisor or solicit outside capital.

The Bultman family's wealth originates from Bultman Funeral Home, a multi-generational funeral services business established in New Orleans. The family's real estate holdings — many contiguous to their operating businesses — form the secondary pillar of wealth. More specific disclosure on the wealth's generation and transfer has not been made public.

The investment management entity is the privately held corporate vehicle that holds and manages the real estate and financial assets of the Bultman family. The funeral home is the family's operating business. The two are structurally separate corporations but functionally integrated under common family ownership and leadership, sharing an economic balance sheet and physical footprint.

All documented holdings concentrate in New Orleans, Louisiana — specifically the historic Garden District and surrounding neighborhoods where the family's funeral services business operates. There is no public record of investments outside the New Orleans metropolitan area.