B-29 Advisors, LLC (“B-29 Advisors”) is a limited liability company formed in Delaware in 2017.
B-29 Advisors serves as a private equity investment adviser that provides investment management
and advisory services to pooled private equity funds (“Private Funds”). Because the Private Funds
are pooled investment vehicles, in general, underlying investors (the “Underlying Investors”)
participate in each Private Fund’s investments on the same terms and conditions as set forth in the
respective Private Fund’s governing documents.
The Private Funds advised by B-29 Advisors invest funds in small to middle market companies
focused on the energy sector. B-29 Advisors provides investment advisory services to B-29
Investments, LP, B-29 Holdings, LP, and Sunray Capital, LP. All of the Private Funds to which B-
29 Advisors provides advice are privately offered. B-29 Advisors’ advisory services include,
primarily, investigating, identifying and evaluating investment opportunities, structuring,
negotiating and making investments on behalf of the Private Funds, managing and monitoring the
performance of such investments and disposing of such investments. An affiliate of B-29 Advisors
serves as general
partner of each of the Private Funds, and each of these general partners is
registered as a relying adviser of B-29 Advisors. Sunray Capital, LP is not actively seeking
investment opportunities in new investment platforms for its portfolio, but may participate in
follow-on investments.
B-29 Advisors’ investment services are carefully tailored to the objectives of each Private Fund, but
not to the objectives of Underlying Investors participating in those Private Funds. From time to
time, investors that participate in the Private Funds, and others, may be offered an opportunity to
make an investment along with, but separate from, the investments made by the Private Funds. Each
investor is individually responsible for determining whether it wants to participate in such a co-
investment opportunity, and B-29 Advisors does not provide advice as to the advisability of such
co-investment opportunities. B-29 Advisors is wholly-owned by Schmitz & Schmitz Properties,
Inc. (“Schmitz & Schmitz”). Schmitz & Schmitz is wholly-owned by John Schmitz, the President
of B-29 Advisors.
As of December 31, 2023, B-29 Advisors managed approximately $348 Million on a discretionary
basis.