PENNANTPARK INVESTMENT ADVISERS, LLC
Adviser information for PENNANTPARK INVESTMENT ADVISERS, LLC last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 67 |
|---|---|
| Investment Advisory/Research | 24 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 9 | $3.9B |
| Non-Discretionary | 6 | $85.4M |
| Total | 15 | $4.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 2 | $2.6B |
| Pooled investment vehicles | 13 | $1.4B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for investment companiesPortfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Principal Office
1691 MICHIGAN AVENUESUITE 500
MIAMI BEACH
FL
United States
Monday - Friday, 8:30-5:30
Tel: 212-905-1000, Fax: 212-905-1075
Chief Compliance Officer
FRANK R GALEA
C/O PENNANTPARK INVESTMENT ADVISERS, LLC
1691 MICHIGAN AVENUE
SUITE 500
MIAMI BEACH
FL
United States
Tel:
332-262-4581
F**********@************M
(Full email address available in API data)
Regulatory Contact
ARTHUR H. PENN
MANAGING MEMBER
1691 MICHIGAN AVENUE
MIAMI BEACH
FL
United States
Tel:
212-905-1010
P***@**************M
(Full email address available in API data)
Industry Affiliates
| BERKELEY ROAD WC FUNDING SPV II, LP | Sponsor, GP, manager of pooled investment vehicles |
| BERKELEY ROAD WC FUNDING SPV, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK CREDIT OPPORTUNITIES FUND II, LP AND PENNANTPARK CREDIT OPPORTUNITIES FUND II FEEDER, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK CREDIT OPPORTUNITIES FUND III, LP AND PENNANTPARK CREDIT OPPORTUNITIES FUND III FEEDER, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK CREDIT OPPORTUNITIES FUND IV AGGREGATOR, LP, AND PCOF IV LP, PCOF IV ERISA, LP, PCOF IV CAYMAN | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK SENIOR CREDIT FUND LEVERED, LP AND PENNANTPARK SENIOR CREDIT FUND CAYMAN LEVERED FEEDER, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK SENIOR CREDIT FUND SMA, LP | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| PENNANTPARK SENIOR CREDIT FUND, LLC AND PENNANTPARK SENIOR CREDIT FUND FEEDER, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| BERKELEY ROAD WC FUNDING SPV 2, LP | DIRECT LENDING FUND | $13.9M | $5.0M | 1 |
| BERKELEY ROAD WC FUNDING SPV, LP | DIRECT LENDING FUND | $3.6M | $5.0M | 2 |
| PENNANTPARK CAPITAL LIQUIDITY SOLUTIONS, LP | DIRECT LENDING FUND | $100.3M | $15.0M | 2 |
| PENNANTPARK CREDIT OPPORTUNITIES FUND II, LP | DIRECT LENDING FUND | $80.6M | $5.0M | 18 |
| PENNANTPARK CREDIT OPPORTUNITIES FUND III, LP | DIRECT LENDING FUND | $219.4M | $5.0M | 37 |
| PENNANTPARK CREDIT OPPORTUNITIES FUND IV AGGREGATOR, LP | DIRECT LENDING FUND | $225.0M | $5.0M | 13 |
| PENNANTPARK SENIOR CREDIT FUND LEVERED, LP | DIRECT LENDING FUND | $381.5M | $0.1M | 28 |
| PENNANTPARK SENIOR CREDIT FUND SMA, LP | DIRECT LENDING FUND | $128.6M | $125.0M | 1 |
| PENNANTPARK SENIOR CREDIT FUND, LLC | DIRECT LENDING FUND | $129.7M | $5.0M | 3 |
| SP CREDIT ACQUISITIONS, LLC | DIRECT LENDING FUND | $18.8M | $0.0M | 2 |
| TPDS I PLATINUM HOLDINGS LP | DIRECT LENDING FUND | $25.3M | $25.0M | 1 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PENN, ARTHUR, HOWARD | Individual | – | MANAGING MEMBER | 03/2007 | 50-75% |
| ARTHUR H. PENN 2021 TRUST | Domestic Entity | – | MEMBER | 05/2021 | 10-25% |
| MCP 2012 GST TRUST | Domestic Entity | – | MEMBER | 10/2022 | 10-25% |
| ASP 2012 GST TRUST | Domestic Entity | – | MEMBER | 10/2022 | 10-25% |
| ESP 2012 GST TRUST | Domestic Entity | – | MEMBER | 10/2022 | 10-25% |
| GALEA, FRANK, ROBERT | Individual | – | CHIEF COMPLIANCE OFFICER | 05/2023 | < 5% |
| Caney, Lee, Daniel | Individual | – | CO-TRUSTEE OF ARTHUR H. PENN 2021 TRUST | 05/2021 | < 5% |
| PENN, ILENE, D. | Individual | – | TRUSTEE OF ARTHUR H. PENN 2021 TRUST MCP 2012 GST TRUST ASP 2012 GST TRUST ESP 2012 GST TRUST | 05/2021 | < 5% |