Company Description
PhenixFIN Corporation is a business development company.
The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies.
It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, education and childcare; personal, food, and miscellaneous services; retail stores, diversified or conglomerate manufacturing; telecommunications; mining, steel, iron, and non-precious metals; leisure, amusement, motion pictures, and entertainment; chemicals, plastics, and rubber; finance; personal and nondurable consumer products (manufacturing only); beverage, food, and tobacco; containers, packaging, and glass; structure finance securities; machinery (non-agriculture, non-construction, non-electric); diversified or conglomerate service; restaurant and franchise; electronics; and cargo transport.
The fund seeks to invest in companies located in North America. The fund targets private debt transactions in companies with enterprise values or asset values between $25 million and $250 million.
The fund seeks to invest in companies with debt investment values between $10 million and $50 million.
It exits its investments between three years and seven years; it holds most of its investments to maturity or repayment, but may realize or sell some investments earlier.
The fund may take a board seat on its investee companies and can also offer managerial assistance to certain portfolio companies.
It structures its investments as first lien senior secured loans, second lien senior secured loans, senior secured notes, senior subordinated notes, subordinate notes, unitranche loans, and seeks warrants or other equity participation.
The fund may co-invest in privately negotiated transactions under certain conditions. PhenixFIN Corporation was founded in 2010 and is headquartered in New York, New York.
| Country | United States |
| Founded | 2010 |
| Industry | Asset Management |
| Sector | Financials |
| Employees | 9 |
| CEO | David Aaron Lorber |
Contact Details
Address: 445 Park Avenue, 9th Floor New York, New York 10022 United States | |
| Phone | 212-759-0777 |
| Website | phenixfc.com |
Stock Details
| Ticker Symbol | PFX |
| Exchange | NASDAQ |
| Fiscal Year | October - September |
| Reporting Currency | USD |
| CIK Code | 0001490349 |
| CUSIP Number | 71742W103 |
| ISIN Number | US71742W1036 |
| Employer ID | 27-4576073 |
Key Executives
| Name | Position |
|---|---|
| David Aaron Lorber | Chairman and Chief Executive Officer |
| Ellida McMillan CPA | Chief Financial Officer |
| Ryan Phalen | Managing Director |
| Gerald Cummins | Chief Compliance Officer |
| Chris Cannellos | Controller |
| Joshua Coleman | Vice President |
| Benjamin Tilewick | Senior Investment Analyst |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 15, 2024 | 8-K | Current Report |
| Mar 5, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Feb 27, 2024 | ARS | Filing |
| Feb 26, 2024 | DEF 14A | Other definitive proxy statements |
| Feb 21, 2024 | 8-K | Current Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | 10-Q | Quarterly Report |
| Feb 8, 2024 | 8-K | Current Report |
| Jan 26, 2024 | 10-K/A | [Amend] Annual report |
| Dec 22, 2023 | 10-K | Annual Report |