Burnham Sterling Asset Management LLC

Burnham Sterling Asset Management primarily advises pooled investment vehicles and institutional clients, managing a private fund (SAFFA Fund I, LP) alongside separate institutional mandates and reporting $206,843,448 in discretionary AUM. Services include portfolio management, research and capital deployment for eligible accredited and qualified investors under the fund’s governing documents.

The firm focuses its investment activity on sustainable aviation fuel (SAF) production and related companies in the U.S. and Europe, pursuing direct equity, convertible and debt investments and employing fundamental valuation analysis and Forecast Models supplemented by third‑party technical experts and research. Portfolio construction contemplates project‑level leverage and uses both proprietary and external data (including AI and analytics tools) to assess market, technical and cash‑flow risks.

Several features distinguish the firm from many peers: it maintains affiliated industry entities (an affiliated broker‑dealer, Babcock & Brown Securities LLC, designated to conduct certain transactions and act as placement agent, and an unregistered affiliate providing high‑value asset finance advisory services) and has filed a CFTC exemption notice related to potential limited trading in commodity interests. The firm’s offering practices also include negotiated side letters that create differing economic and information terms among investors, and its communications reportedly incorporate testimonials, endorsements and references to third‑party ratings, practices that are less common among investment managers of this type.