FIRM DESCRIPTION 
Windmuehle, LLC,  a  Texas  limited liability company and private investment advisory firm  (“Windmuehle”), was 
formed in January 2018. We provide investment advisory, management and other services to Windmuehle Funds, 
LLC, a Texas series limited liability company (the “Fund”) and each separate series (each, a “Series”, and together 
with the Fund, “clients”) established by the Fund.  
Our investment advice, investment advisory, management and other services are  provided to each  client  in 
accordance with the investment objectives, strategies, guidelines, restrictions and limitations set forth in the 
applicable offering and governing documents, and the information and disclosures in this brochure is qualified in 
their entirety by the information and disclosures set forth in such other documents. 
We do not act as managing member of the Fund or any Series. Instead, our affiliate, Windmuehle Holdings, LLC, a 
Texas limited liability company (the “Managing Member”), serves as managing member of the Fund and each Series.  
PRINCIPAL OWNERS  
We are  wholly owned  by  Robert  C. Lee  (the “Principal”).  The Managing Member serves as the manager of 
Windmuehle. The Managing Member is owned by the Principal and his spouse. The Principal is now based outside 
of the United States, and accordingly, some of our operations are based outside of the United States.  
TYPES OF ADVISORY SERVICES 
The Fund has established and intends in the future to establish a separate Series  for and with respect to each 
investment or group of related investments (each, an “Underlying Investment”) in a private fund, vehicle, entity or 
account managed, advised, sub-advised or sponsored by a third-party investment manager (the “Underlying 
Investment Manager”). We currently provide investment management, portfolio management and other services 
to the Fund and Series One, Series Two, Series Three, Series Four, Series Six, Series Eight and Series Eight Blocker.  
Various terms and provisions of a Series will vary or differ from the terms or provisions applicable to other Series.  
We are responsible for investing and re-investing the assets of the Fund with respect to each Series (and for the 
selection of Underlying Investments  and Underlying Investment  Managers) in accordance with the investment
                                        
                                        
                                             
objectives, policies, limitations and guidelines set forth in its offering and governing documents.  Information about 
the Fund and each Series is set forth in its offering and governing documents.  See Item 8. 
INVESTMENT RESTRICTIONS  
We provide investment advice and other services to each Series  in accordance with the investment objectives, 
policies, guidelines and limitations set forth in the applicable offering and governing documents, and not in 
accordance with the individual needs or objectives of any particular investor in that Series.  Investors generally are 
not permitted to impose restrictions or limitations on the management of the Fund or any Series.  Notwithstanding 
the foregoing, the Managing Member may enter into side letter agreements or similar arrangements with one or 
more investors in a Series  that have the effect of establishing rights under, or altering, modifying, waiving or 
supplementing the terms of, the governing documents of that Series in respect of such investors. Among other 
things, these agreements may entitle an investor in a Series to lower or different fees and/or other preferential 
rights and terms.  Any rights established or any terms of the governing documents of such applicable Series altered 
or supplemented in or by a side letter or similar arrangement with an investor will govern solely with respect to such 
investor notwithstanding any other provision of the governing documents of such applicable Series related thereto.  
Interests in the Fund and the Series  are privately offered only to eligible investors pursuant to one or more 
exemptions under the Securities Act of 1933, as amended (the “Securities Act”), and the regulations promulgated 
thereunder. Neither the Fund nor any Series is registered with the SEC as an investment company based on specific 
exclusions from the definition of investment company under the Investment Company Act of 1940, as amended (the 
“Company Act”). 
REGULATORY ASSETS UNDER MANAGEMENT 
As of December 31, 2023, we had approximately $275,786,244 in regulatory assets under management. All of these 
assets were managed on a discretionary basis. Please note that because our Series invest in Underlying Investments, 
some of the regulatory assets under management included herein are based on the latest available data reported 
by the applicable Underlying Investment Managers.