Company Description
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies.
It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail.
It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments.
It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million.
Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million.
The fund may also make non-control equity and debt investments.
| Country | United States |
| Founded | 2007 |
| IPO Date | Apr 19, 2007 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | Arthur Penn |
Contact Details
Address: 1691 Michigan Avenue, Suite 500 Miami Beach, Florida 33139 United States | |
| Phone | 212-905-1000 |
| Website | pnnt.pennantpark.com |
Stock Details
| Ticker Symbol | PNNT |
| Exchange | NYSE |
| Fiscal Year | October - September |
| Reporting Currency | USD |
| CIK Code | 0001383414 |
| CUSIP Number | 708062104 |
| ISIN Number | US7080621045 |
| Employer ID | 20-8250744 |
Key Executives
| Name | Position |
|---|---|
| Arthur Howard Penn | Founder, Chairman, Managing Partner and Chief Executive Officer |
| Richard Thomas Allorto Jr., CPA | Chief Financial Officer and Treasurer |
| Jose A. Briones Jr. | Senior Partner, Portfolio Manager and Director |
| Matthew Visgilio | Manager of Operations |
| Anthony Lacqua | Accounting Manager |
| Frank Robert Galea C.F.A. | Chief Compliance Officer |
| Adam Katz | MD and General Counsel |
| Richard W. Van Houten | Senior Vice President of Marketing |
| Sarah de la Villa | Director of Human Resources of Miami |
| Michael Appelbaum | Partner of New York |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 11, 2024 | DEF 14A | Other definitive proxy statements |
| Dec 3, 2024 | 8-K | Current Report |
| Nov 26, 2024 | 8-K/A | [Amend] Current report |
| Nov 26, 2024 | 10-K | Annual Report |
| Nov 25, 2024 | 8-K | Current Report |
| Nov 4, 2024 | 8-K | Current Report |
| Oct 22, 2024 | 8-K | Current Report |
| Oct 3, 2024 | 8-K | Current Report |
| Oct 2, 2024 | 8-K | Current Report |
| Sep 4, 2024 | 8-K | Current Report |