FundedIQ
Financial Services

PennantPark Investment Corp: Funding, Investors & Team (Aug 2026)

PennantPark Investment Corporation is a publicly traded business development company that specializes in providing direct and mezzanine investments to middle market companies. Their investments include mezzanine debt, senior secured loans, and equity investments in various forms such as preferred stock, common stock, warrants, options, subordinated loans, and senior secured loans. The firm focuses on investing in companies in the United States, with investment amounts typically ranging between $10 million and $50 million. Their investments in portfolio companies usually range between $15 million and $50 million. In addition to equity and debt investments, they may also make non-control investments. PennantPark Investment Corporation was established on January 11, 2007 and is headquartered in New York, New York.

www.pennantpark.com LinkedIn New York, United States 51-100 employees
Total raised
$585M
Rounds
4
Latest
Undisclosed round
Feb 2026

PennantPark Investment Corp has raised $585M across 4 funding rounds on record, the most recent an undisclosed round of $200M announced in Feb 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

PennantPark Investment Corp Company Profile and Key Stats

Total funding raised
$585M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$200M in Feb 2026
Employees
51-100
reported band
Headquarters
New York, United States

Latest funding round on record: Feb 2026.

PennantPark Investment Corp Funding Rounds

Date
Round
Amount
Undisclosed round
$200M
Undisclosed round
$35.0M
Undisclosed round
$301M
Post-IPO Equity
$49.6M

PennantPark Investment Corp raised $49.6M in a Post-IPO Equity announced in Aug 2022.

1.8 years later, an undisclosed round of $301M was announced in May 2024.

1.6 years later, an undisclosed round of $35.0M was announced in Dec 2025.

2 months later, an undisclosed round of $200M was announced in Feb 2026.

PennantPark Investment Corp Founders and Leadership Team

Name
Role
Contact
Art Penn
Founder
Arthur H Penn
CEO
Locked

Contact details for the PennantPark Investment Corp team: 1 of 2 have an email address on file.

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PennantPark Investment Corp Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

PennantPark Investment Corp's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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PennantPark Investment Corp Funding FAQs

What does PennantPark Investment Corp do?

PennantPark Investment Corporation is a publicly traded business development company that specializes in providing direct and mezzanine investments to middle market companies. Their investments include mezzanine debt, senior secured loans, and equity investments in various forms such as preferred stock, common stock, warrants, options, subordinated loans, and senior secured loans. The firm focuses on investing in companies in the United States, with investment amounts typically ranging between $10 million and $50 million. Their investments in portfolio companies usually range between $15 million and $50 million. In addition to equity and debt investments, they may also make non-control investments. PennantPark Investment Corporation was established on January 11, 2007 and is headquartered in New York, New York.

How much funding has PennantPark Investment Corp raised?

PennantPark Investment Corp has raised $585M across 4 rounds on record. The most recent is an undisclosed round of $200M announced in Feb 2026.

When did PennantPark Investment Corp last raise funding?

PennantPark Investment Corp's most recent funding round on record is an undisclosed round of $200M, announced in Feb 2026.

Who founded PennantPark Investment Corp?

FundedIQ lists Art Penn (Founder) at PennantPark Investment Corp.

Who is the CEO of PennantPark Investment Corp?

Arthur H Penn is listed as CEO at PennantPark Investment Corp.

Where is PennantPark Investment Corp headquartered?

PennantPark Investment Corp is based in New York, United States.

How many employees does PennantPark Investment Corp have?

PennantPark Investment Corp is in the 51-100 employee band.

How does PennantPark Investment Corp's funding compare to other Financial Services startups?

PennantPark Investment Corp's latest round of $200M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's PennantPark Investment Corp Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PennantPark Investment Corp is left off this page rather than filled in.

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