PennantPark Founder and Managing Partner Art Penn attended the Private Debt Investor Seoul and Tokyo Forums last week and participated in multiple panels that evaluated how investors can find value in private credit and assessed the global factors impacting the private debt market. In both Tokyo and Seoul, Art provided an overview of the robust opportunities and strategies institutional investors can capitalize on to preserve capital and maximize performance throughout the current credit cycle and...Continue Reading

Two Roads Diverged in the CLO Wood By Charlie Dinning – Creditflux In November, Art Penn spoke with Creditflux about the effect regulation changes had on BDC managers’ choice to launch middle market CLOs. “After the rule change that allows BDCs to lever debt to equity at a 2:1 limit, middle market CLOs became an efficient financing tool for BDC managers,” he said.   Read the Full ArticleContinue Reading