PennantPark brings on head of private capital fundraising
Arleen Jacobius – Pensions & Investments
Arleen Jacobious of Pensions & Investments shared news of the hiring of Pete Mitchell as Managing Director, Head of Private Capital Fundraising. In his new role, Pete will lead fundraising for the firm’s private vehicles as we continue to expand our middle market private credit investment business.
Art shared the following on Pete’s addition, “We are pleased to welcome Pete to our team, as he brings years of expertise and deep relationships, particularly with pension funds. He will be a tremendous asset to the firm, as we look to meet investor demand for our expanding private credit business.”
Pete’s addition follows the successful June closing of our fifth comingled fund, PSCF-Lev, as well as the close of PCOF III in December 2020, and the formation of PSLF in, a joint venture with Pantheon, in August 2020.