PENNANTPARK INVESTMENT ADVISERS, LLC

RIASEC RegisteredEst. 2007
Total AUM
$6.2B
Discretionary
$6.1B
100% of AUM
Avg account
$410M
Accounts
15
Employees
91
Advisory reps
6

Firm details

Headquarters
MIAMI BEACH, Florida
CRD number
143149
Registered since
March 13, 2007
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Business Development Companies65.13%
  • Pooled Investment Vehicles34.87%
Services
Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment Vehicles

Firm profile

FINTRX

Overview

Pennantpark Investment Advisers, LLC is a manager that blends hedge fund and private equity-style strategies with pooled investment vehicles targeted at institutional clients. The firm operates as a manager and sponsor of pooled vehicles and is registered to act in CPO/CTA capacities, which points to direct trading and programmatic strategies alongside fund management. Fee arrangements include both a percentage-of-assets component and performance-based fees, aligning compensation with asset growth and absolute/relative performance outcomes. Investment activity is concentrated through managed funds and pooled vehicles rather than broad retail advisory relationships. Pennantpark expresses an institutional allocation focus and is an active ESG investor, suggesting that environmental, social and governance factors are incorporated into either security selection, manager due diligence, portfolio construction, or some combination of those processes.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Owners & executives

2 of 2
  • GERALD CUMMINS

    Chief Compliance OfficerCRD 1322563

  • RICHARD ALLORTO

    Chief Financial OfficerCRD 5820810

Contacts

3 of 4
  • ARTHUR PENN

    Founder and Managing PartnerCRD 1884880

  • ILENE PENN

    TrusteeCRD 5511699

  • Lee Caney

    TrusteeCRD 7739569

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

MIAMI BEACH, FL

MIAMI DADE

Location

MIAMI BEACH, FL

Headquartered in MIAMI BEACH, FL, anchoring the Miami-Port St. Lucie-Fort Lauderdale, FL metro in the South.

Metro area
Miami-Port St. Lucie-Fort Lauderdale, FL
Region
South
County
MIAMI DADE
Address
1691 Michigan Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth