Asset manager · Miami Beach, FL
Pennantpark Investment Advisers, LLC
SEC-registered investment adviser · CRD 143149 · SEC 801-67622
At a glance
Pennantpark Investment Advisers, LLC is an SEC-registered investment adviser based in Miami Beach, Florida, with $6.2 billion in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is business development companies. By Form ADV it is a asset manager, ranked 624th of 3,218 asset managers and 1,831st of 17,210 SEC-registered advisers by assets.
Main office 212-905-1000pennantpark.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $6.2B
- Rank among asset managers
- #624 of 3,218
- Rank among all SEC RIAs
- #1,831 of 17,210
- Rank in Florida
- #68 of 1,090
- Clients
- 15
- Accounts
- 15
- Discretionary
- 100% of AUM
- Employees
- 91
- Advisory staff
- 30
- Offices
- 6
Owners and executives on its Form ADV
- Arthur H. PennManaging Member
- Lee D. CaneyCo-Trustee of Arthur H. Penn 2021 Trust
- Ilene D. PennTrustee of Arthur H. Penn 2021 Trust MCP 2012 GST Trust ASP 2012 GST Trust ESP 2012 GST Trust
- Gerald R. CumminsChief Compliance Officer
- Richard T. AllortoChief Financial Officer
- Adam R. KatzManaging Director and General Counsel
Custody and brokerage
Custodian
Pennantpark Investment Advisers, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Business development companies | 2 | $4.0B | 65% |
| Pooled investment vehicles | 12 | $2.1B | 35% |
| Investment companies | 1 | $0M | 0% |
Private funds
Pennantpark Investment Advisers, LLC reports 12 private funds with $1.9B in gross assets: hedge funds, private equity funds (Form ADV Item 7.B).
Disciplinary disclosures
Pennantpark Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗pennantpark.com ↗
AtlasMembers
The full record on Pennantpark Investment Advisers, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 661 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 2Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Pennantpark Investment Advisers, LLC manage?
Pennantpark Investment Advisers, LLC reports $6.2 billion in regulatory assets under management across 15 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Pennantpark Investment Advisers, LLC?
Pennantpark Investment Advisers, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Pennantpark Investment Advisers, LLC’s clients?
By assets, its largest client types are business development companies ($4.0 billion, 2 clients); pooled investment vehicles ($2.1 billion, 12 clients); investment companies ($0, 1 clients).
Does Pennantpark Investment Advisers, LLC manage private funds?
Yes. It reports 12 private funds with $1.9 billion in gross assets, including hedge funds, private equity funds.
Does Pennantpark Investment Advisers, LLC have any disciplinary history?
Pennantpark Investment Advisers, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Pennantpark Investment Advisers, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →