Relationships—As a result of its extensive experience in the investment business, the management team of our investment adviser has developed long-term relationships with financial sponsors, management consultants and management teams that we believe will enable us to effectively originate investment opportunities in numerous industries, as well as giving us access to substantial information concerning those industries. We identify potential investments both through active origination and through dialogue with numerous management teams, members of the financial community and corporate partners.
As a business development company, PennantPark offers managerial assistance to certain portfolio companies. This assistance is available upon request and can involve monitoring operations, participating in board and management meetings, consulting with and advising officers and providing other organizational and financial guidance. Additionally, PennantPark Investment Advisers will monitor our portfolio companies on an ongoing basis to examine financial trends within them and assess the appropriate course of action for each company to ensure that they meet their respective business goals. |
