PennantPark offers investors selectively designed exposure to middle market direct lending. 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 $2.7 billion across publicly-listed business development companies (PennantPark Investment Corporation - "PNNT"; PennantPark Floating Rate Capital Ltd. - “PFLT”), and 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", and multiple managed accounts and co-investment vehicles.
Led by founder Arthur Penn, PennantPark's senior team has deep individual experience and a long history of working together. From inception to September 30, 2018, they have invested over $8 billion into 500+ transactions across a range of industries including business services, consumer products, distribution, manufacturing/basic industries, healthcare, gaming & lodging, transportation/logistics, technology, media & telecom, aerospace & defense, energy and many others.
Financial Services
11-50 employees
New York, New York
Privately Held
2007
Alternative Asset Management, Middle Market Direct Lending, Private Debt, Specialty Finance, Direct Lending, and Private Credit