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PennantPark Investment Advisers, LLC

77 employees

PennantPark offers investors selectively designed exposure to middle market credit. Our expertise is affirmed by our track record and forged by productive, principled relationships with renowned middle market private equity sponsors. Getting to know us is a winning proposition. Founded in 2007, PennantPark today manages approximately $7.0 billion across publicly-listed business development companies (PennantPark Investment Corporation - "PNNT"; PennantPark Floating Rate Capital Ltd. - “PFLT”), private vehicles for institutional limited partners (including the PennantPark Credit Opportunities Fund II, LP - "PCOF II", the PennantPark Credit Opportunities Fund III, LP - "PCOF III", the PennantPark Credit Opportunities Fund IV, LP - "PCOF IV", PennantPark Senior Credit Fund “PSCF”, PennantPark Senior Credit Fund Levered “PSCF-Lev”, multiple managed accounts, co-investment vehicles), and CLOs (PennantPark CLO I - CLO VII Ltd. ). Led by founder Arthur Penn, PennantPark's senior team has deep individual experience and a long history of working together. From inception to December 31, 2023, they have invested over $19.5 billion into 680+ transactions across a range of industries including Government Services, Healthcare, Software / Technology, Consumer, and Business Services.

Investor insights

Funding rounds participated in

$736M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Financial Services

Sectors

Financial Services

Date founded

2007

Funding rounds raised

Total raised

$736M

from 1 investors over 1 rounds

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PennantPark Investment Advisers, LLC raised $736M on July 4, 2024

Investors: Truist Securities

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