The PENNANTPARK INVESTMENT ADVISERS, LLC is a privately held investment adviser that advises $6.32Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. PENNANTPARK INVESTMENT ADVISERS, LLC is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 77.83% over the last 5-years.
The Group has been registered with the SEC for 19.4 years and is comprised of 2 filing and 0 relying advisers. They operate out of 6 office locations with their Headquarters at 1691 MICHIGAN AVENUE SUITE 500, MIAMI BEACH, FLORIDA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 91 employees comprised of 30 investment and 61 non-investment staff. The total number of Employees increased by 106.82% over the last 5-years.
Their $6.32Bn in assets advised are owned by 21 private funds, 4 public funds and BDCs and 0 other accounts. Assets of Business Development Companies (BDC) clients own $4.17Bn or 66.04% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $2.15Bn or 33.96% of Total Assets.
The Group's top investment strategies include FI/Credit - Lending, FI/Credit - Diverse and Long/Short Equity, representing 89.24%, 8.83% and 1.93% of total assets, respectively.
They advise 3 types of clients, top clients are Business Development Companies (BDC) and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 4 Fund Administrators, 3 Fund Auditors, 0 Prime Brokers, 4 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
PENNANTPARK INVESTMENT ADVISERS, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.