The most important piece of capital is peace of mind.

PennantPark offers investors selectively designed exposure to middle market credit. Our expertise is affirmed by our track record over multiple economic cycles and forged by productive relationships with renowned middle market private equity sponsors. Getting to know us is a winning proposition.

Founded
in 2007

As a pioneer in private credit investing, we have built a long-term track record through multiple economic and credit cycles.

Core middle market focus

We invest in the core middle market, targeting companies with earnings of $10 million to $50 million. These mid-sized companies are often underserved and overlooked by traditional lenders.

Target
cash-flowing companies

We target profitable companies with leading market positions, strong management teams, and steady cash flows. We often act as a strategic partner to help drive growth.

$20.3 billion
of capital deployed

We have completed over 730 investments across the capital structure. Our industries of focus include healthcare, government services, business services, consumer, and software & technology.

$7.5 billion
of AUM

We serve a diversified investor base through multiple product offerings. Assets under management includes gross asset values, unfunded commitments, and available leverage as of 3/31/2024.

230+ unique private equity sponsors

We focus on companies owned by established middle market private equity sponsors with a track record of supporting their portfolio companies.

Average
26 years of experience

Our senior investment professionals average 26 years of industry experience. Several of our senior team members have worked together since the mid-1990s.

Collaborating across 6 offices

Our headquarters in Miami is supplemented by offices in New York, Chicago, Houston, Los Angeles, and Amsterdam.

Collaborate. Thrive. Repeat.

PennantPark was founded in 2007 as an independent middle market credit provider, free of conflicts and affiliations. We provide institutions and individuals with targeted exposure to the core middle market, a segment that has long been overlooked and underserved by traditional lenders. Our product offerings include business development companies, private capital funds, joint ventures, and other specialized funds.

Having worked together since the mid-1990s, the senior investment professionals at PennantPark embody several decades worth of expertise in middle market credit. When the talent and experience of our team is combined with our firm’s conservative underwriting philosophy, success has plenty of room to flourish.

For our success, we credit relationships.

PennantPark provides tailored financing solutions to profitable, growing, and cash-flowing companies in the core middle market. We often participate in a company’s first round of institutional investment, acting as a strategic partner to help drive growth. These mid-sized companies are often overlooked by banks and large investment managers, resulting in favorable lending terms and important structural protections that help us preserve capital.

Our origination engine is fueled by long-term partnerships with hundreds of middle market private equity sponsors. These senior-level relationships have been built over decades at PennantPark and predecessor firms. As a result, we are able to take advantage of exclusive and unique opportunities, along with the repeat business afforded to a trusted incumbent lender.

Recent news

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2024 Results

MIAMI , July 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT)...
Continue Reading

PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2024 Results

MIAMI , July 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company")...
Continue Reading

PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

MIAMI , July 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT)...
Continue Reading