PennantPark Investment Corporation (PNNT)
NYSE: PNNT · Real-Time Price · USD
7.06
-0.13 (-1.81%)
At close: Mar 28, 2025, 4:00 PM
7.11
+0.05 (0.71%)
After-hours: Mar 28, 2025, 8:00 PM EDT

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.

PennantPark Investment Corporation
PennantPark Investment logo
Country United States
Founded 2007
IPO Date Apr 19, 2007
Industry Asset Management
Sector Financials
CEO Arthur Penn

Contact Details

Address:
1691 Michigan Avenue
Miami Beach, Florida 33139
United States
Phone 212-905-1000
Website pnnt.pennantpark.com

Stock Details

Ticker Symbol PNNT
Exchange NYSE
Stock Type Common Stock
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
Jose A. Briones Jr. Senior Partner
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 MD and Head of Human Resource
Michael Appelbaum Partner of New York
Terence Clerkin Partner of Miami

Latest SEC Filings

Date Type Title
Mar 4, 2025 8-K Current Report
Feb 10, 2025 10-Q Quarterly Report
Feb 10, 2025 8-K Current Report
Feb 6, 2025 8-K Current Report
Feb 5, 2025 8-K Current Report
Jan 16, 2025 8-K Current Report
Jan 8, 2025 8-K Current Report
Jan 3, 2025 8-K Current Report
Dec 11, 2024 DEF 14A Other definitive proxy statements
Dec 3, 2024 8-K Current Report