PennantPark Investment

PennantPark Investment Corp. engages in generating income and capital appreciation through debt and equity investment. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2007-04-19. The firm's objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. Its portfolio consists of illiquid securities, including debt and equity investments. Its investment activity depends on factors, including the amount of debt and equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments it makes. The company invests in sectors, including media, telecommunications, education, electronics, aerospace and defense, and others. Its investment adviser is PennantPark Investment Advisers, LLC.