PennantPark Credit Opportunities Fund IV (“PCOF IV”) is our firm’s signature offering in the Opportunistic Credit strategy for private and institutional clients. The fourth vintage in its family, PCOF IV offers investors access to a diversified portfolio of middle market investments spanning first lien loans, second lien loans, mezzanine debt, and associated equity co-investments. Given the flexibility to pursue investments across the capital structure and in both primary and secondary markets, the fund is intended to execute on the most attractive investments given any market conditions.
PCOF IV primarily invests in mid-sized U.S. companies with annual earnings of $10 million to $50 million. The fund targets companies with proven management teams, competitive market positions, strong cash flows, and attractive exit opportunities. The fund may also pursue secondary market investments where PennantPark has an information edge due to prior investment or diligence.
The fund is complemented by PennantPark’s additional product offerings including business development companies, separately managed accounts, joint ventures, and middle market CLOs. For more information about PCOF IV and other private investment funds, please contact:
Investor Relations
investor.relations@pennantpark.com
