Art Penn Featured on Bloomberg Markets: The Close

Art Penn Featured on Bloomberg Markets: The Close

“Because we like this vintage (of loans), we are okay if this stays like this for a little while. It’s okay if we have a choppy market for the next year because we are going to be able to get better deals.”

PennantPark’s Founder and Managing Partner, Art Penn, recently spoke with Bloomberg TV’s Kriti Gupta & Sonali Basak about his outlook for the credit market in 2023. During his interview, Art called out government services, defense, and healthcare as sectors where investors can find stable yield.