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Middle Market Growth
Is Wall Street South Here to Stay? Meghan Daniels – Middle Market Growth “We wanted to have a flexible culture but also wanted the benefits of being in the office together, while attracting excellent people.” Art Penn, Founder and Managing Partner, was quoted in Middle Market Growth, on the establishment of PennantPark’s headquarters in Miami. PennantPark currently has eight full-time employees in Miami and hopes to increase its headcount to 20 or 25 over the...
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PennantPark (PNNT) Founder On The NYSE Listing TD Ameritrade Art Penn, Founder and Managing Partner of PennantPark, spoke with Nicole Petallides of TD Ameritrade Network following the company’s listing on the New York Stock Exchange, where he discussed the on the value of lenders like PennantPark amid the current environment of rising rates, inflation and geopolitical tensions.   Read the Full Article
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At PennantPark, Art Penn says volatility turns investors’ attentions to middle-market CLOs John S. Hintze – Asset Securitization Report Middle market domestic companies, especially those owned by private-equity firms, face many of the same hurdles as their larger brethren, whether the tight labor market, supply chain snafus, inflation, interest-rate hikes, and the list goes on. However, their debt, often provided by a single lender or a small club, is arguably less volatile than much larger...
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Dealmakers Look Forward to an Active but Slightly Cooler Market in 2022 Anastasia Donde – Middle Market Growth PennantPark Founder and Managing Partner, Art Penn, spoke with Middle Market Growth’s Anastasia Donde on the 2022 outlook for dealmaking. Art shared his positive outlook, noting that while it will still be a busy year for deals, he expects activity to slow down compared to the unprecedented activity in 2021.   Read the Full Article
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