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PennantPark Investment Corporation (PNNT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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6.82+0.02 (+0.29%)
At close: 4:00PM EDT

PennantPark Investment Corporation

590 Madison Avenue
15th Floor
New York, NY 10022
United States
212-905-1000
http://www.pennantpark.com

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Arthur Howard PennFounder, Chairman & CEON/AN/A1963
Mr. Richard CheungChief Financial Officer & TreasurerN/AN/A1980
Mr. Guy Francis Talarico J.D.Chief Compliance OfficerN/AN/A1955
Mr. Thomas J. Friedmann Esq.Sec.N/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PennantPark Investment Corporation is a business development company. It 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 building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, manufacturing industries and retail. It 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 fund 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 fund may also make non-control equity and debt investments.

Corporate Governance

PennantPark Investment Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.