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PennantPark Floating Rate Capital Ltd. is a business development company specializing in investments in leveraged loans, senior secured floating-rate loans, and other debt and equity investments. It makes focus on the middle market companies with side pockets including: direct lending co, BDC advisor, CLO manager and CLO manager's largest creditor. The fund focuses on investments in private companies.
Latest articles
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The Rise and Fall of Wirecard
A look inside the Wirecard scandal, which took the company from the prestigious DAX 30 to insolvency through the largest accounting fraud in European history.
16 May 2025
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Lowe's Companies: Building a One-Stop Shop for Home Improvement
Lowe's Companies began as a single store in 1921 and has steadily expanded its footprint and offerings, now operating 1,750 stores across the U.S.
7 May 2025
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Greg Abel: Succeeding Warren Buffett at Berkshire Hathaway
After decades working with Warren Buffett and Charlie Munger, Greg Abel was named Buffett’s successor as he steps down in late 2025.
5 May 2025
Ticker symbol
PFLT
Country
🇺🇸 United States