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Penn Street Capital Management LLC
PENN STREET CAPITAL MANAGEMENT LLC is an SEC-registered investment adviser with $68 million in regulatory assets under management. The firm has 1 employee and...
Penn Street Capital Management LLC
PENN STREET CAPITAL MANAGEMENT LLC is an SEC-registered investment adviser with $68 million in regulatory assets under management. The firm has 1 employee and 1 investment adviser. It operates with a single investment adviser.
General information
Firm type
Single Family Office
Location
Region
North America
Country
United States
City
Philadelphia
Corporate office
Philadelphia, PA, United States
Principals
Michael Sacks
Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at Penn Street Capital Management?
Michael Sacks serves as managing director and is the named principal responsible for investment decisions (per Philadelphia Inquirer, 2019). No other investment professionals are publicly identified.
How does Penn Street Capital source proprietary deal flow?
The firm relies on direct relationships with local brokers, developers, and other family offices, not on public fund-raising. Its deal flow comes primarily via its network in the Philadelphia real estate and private credit community.
Is Penn Street Capital Management a single family office or does it manage outside capital?
Penn Street Capital operates as a single family office, deploying capital for a single family. It does not raise external capital through commingled funds and is not registered as an investment adviser.
What investment stages does Penn Street Capital typically target?
The firm invests in direct real estate acquisitions, private credit lending to middle-market companies, and select equity deals. It does not engage in venture capital or early-stage investing.
What is Penn Street Capital's geographic focus?
The firm concentrates on the Mid-Atlantic and Northeastern United States, with a particular emphasis on Philadelphia and its surrounding suburbs.
Does Penn Street Capital maintain a website or publicly disclose its portfolio?
No. The firm intentionally operates without a public website, LinkedIn presence, or marketing materials. Its portfolio and deal activity are only known through local news or public records.
Does Penn Street Capital co-invest with other family offices?
Yes, the firm has participated in co-investments alongside other family offices and institutional partners, particularly in real estate acquisitions (per public record, February 2025).
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