PennantPark Investment Corp

PennantPark Investment Corp

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Investment Firm

Overview

PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The firm invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The firm seeks to invest between $10 million and $50 million in its portfolio companies. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The firm may also make non-control equity and debt investments. PennantPark Investment Corporation was founded on January 11, 2007 and is based in New York, New York.

Highlights

Founded

2007

Industry

Financial Services

Employees

11-50

Investment

1

Lead Investment

1

Exits

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Stages

Private Equity

Investor Type

Private Equity Firm

Location

New York, New York, United States, North America

Contact Information

Social

Profile Resume

PennantPark Investment Corp, established in 2007 and headquartered in New York, New York, United States, North America., specializes in Private Equity investments across Health Care, Medical, Medical Device, Cosmetics, Finance. Their recent investments include Cartessa Aesthetics, Copley Equity Partners. The highest investment round they participated in was $1.4B. Among their most notable exits are Cartessa Aesthetics and Copley Equity Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Art Penn

Art Penn

Founder and Managing Director

Investment portfolio

PennantPark Investment Corp has made 1 investments. Their most recent investment was on Jun 27, 2022, when Cartessa Aesthetics raised $60.0M.

investments

1

Diversity investments

0

Lead investments

1

Number of exits

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Investments

1

Annouced DateOrganization NameIndustryMoney Raised
Jun 27, 2022
Cartessa Aesthetics Cartessa Aesthetics
Health Care60.0M

Exits

0

Funding Timeline

Funding rounds

1

Investors

2

Funds

0

Funding Rounds

1

PennantPark Investment Corp has raised 1 rounds. Their latest funding was raised on Jun 27, 2022 from a Private Equity Round - Cartessa Aesthetics round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jun 27, 2022
Private Equity Round - Cartessa Aesthetics Private Equity Round - Cartessa Aesthetics
-60.0M-

Investors

4

PennantPark Investment Corp is funded by 4 investor(s). Truist and Cybele Holdings Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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Recent Activity

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