About PennantPark
PennantPark is a company based in New York (United States) founded in 2007 by Art Penn.. PennantPark has completed 2 acquisitions, including AKW and MCG Capital. PennantPark offers products and services including Public Funds, Private Funds, and Joint Ventures. PennantPark operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, among others.
- Headquarter New York, United States
- Founders Art Penn
- Stage Public
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pennantpark Floating Rate Capital Ltd.
-
Annual Revenue
$255.38 M36.91as on Sep 30, 2025
-
Net Profit
$66.36 M-27.74as on Sep 30, 2025
-
EBITDA
$162.89 M1.75as on Sep 30, 2025
-
Latest Funding Round
$301.4 M (USD), Debt – Conventional
Sep 19, 2019
-
Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
AKW
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of PennantPark
PennantPark is a publicly listed company on the NYSE with ticker symbol PFLT in USA, operating in the Miscellaneous sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PennantPark
PennantPark offers a comprehensive portfolio of products and services, including Public Funds, Private Funds, and Joint Ventures. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers funds for public investment in middle market credit
Provides private capital funds for targeted lending opportunities
Facilitates collaborative investments in middle market companies
Unlock access to complete
Funding Insights of PennantPark
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $301.4M
-
First Round
First Round
(09 Sep 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - PennantPark | Valuation |
investors |
|
| Sep, 2019 | Amount | Debt – Conventional - PennantPark | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PennantPark
PennantPark has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AKW and MCG Capital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Growth equity is provided to early-stage SMEs by MCG Capital.
|
1990 | ||||
|
Kitchen and bathroom accessories are manufactured in the United Kingdom.
|
1982 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - PennantPark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pennantpark Comparisons
Competitors of PennantPark
PennantPark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
|
|
| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Wealth management, investment advisory, and financial services are provided.
|
|
| domain | founded_year | HQ Location |
Asset management and investment advisory services are provided to clients.
|
|
| domain | founded_year | HQ Location |
Wealth management solutions are delivered for asset managers.
|
|
| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pennantpark
Frequently Asked Questions about PennantPark
When was PennantPark founded?
PennantPark was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is PennantPark located?
PennantPark is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of PennantPark?
Mark Linnan is the current CEO of PennantPark.
What is the annual revenue of PennantPark?
Annual revenue of PennantPark is $255.38M as on Sep 30, 2025.
What does PennantPark do?
PennantPark was established in 2007 and is headquartered in New York, United States. The firm functions within the financial services sector, focusing on diversified investment management. A range of investment strategies and advisory services is offered to institutional and individual investors. Operations emphasize alternative assets and credit investments. Leadership includes Founder Art Penn and CEO MD Mark Linnan, with activities spanning domestic and international markets.
Who are the top competitors of PennantPark?
PennantPark's top competitors include Fidelity Investments, Investec and S&P Global.
What products or services does PennantPark offer?
PennantPark offers Public Funds, Private Funds, and Joint Ventures.
Is PennantPark publicly traded?
Yes, PennantPark is publicly traded on NYSE under the ticker symbol PFLT.
How many acquisitions has PennantPark made?
PennantPark has made 2 acquisitions, including AKW, and MCG Capital.
What is PennantPark's ticker symbol?
The ticker symbol of PennantPark is PFLT on NYSE.