The PennantPark Senior Secured Loan Fund (PSSL) is a joint venture (JV) between PFLT and Trinity Universal Insurance Company, a subsidiary of the Kemper Corporation. PSSL invests in first lien debt of middle market companies, consistent with the overarching PennantPark investment philosophy.
The added investment capacity facilitated by PSSL allows PFLT and PennantPark to speak for larger holds and as such be more meaningful to private equity and borrower clients. PennantPark’s application of the JV structure allows third-party investors (such as Trinity Universal/Kemper) and PFLT shareholders to capture returns that are typically significantly higher than what the underlying senior loans generate.
For more information about Joint Venture Loan Funds and other private investment opportunities, please contact:
Investor Relations
investorrelations@pennantpark.com
212.905.1000
