Arthur Penn
Chief Executive Officer at PENNANTPARK INVESTMENT CORPORATION
Net worth: 13 M $ as of 2024-02-28
Profile
Founder of PennantPark Floating Rate Capital Ltd., PennantPark Investment Corp., Apollo Investment Management LP and PennantPark Investment Advisers LLC, Arthur Howard Penn is an entrepreneur and businessperson who has been the head of 6 different companies and currently holds the position of Managing Partner at PennantPark Investment Advisers LLC and Co-Chairman & Chief Executive Officer at PennantPark Investment Corp., Chairman & Chief Executive Officer at PennantPark Floating Rate Capital Ltd. and Chief Executive Officer of MCG Capital Corp. (which are all subsidiaries of PennantPark Investment Advisers LLC). Mr. Penn is also Managing Member at Pennantpark Investment Administration LLC. Arthur Howard Penn previously was Chief Executive Officer & Chief Financial Officer at PennantPark Investment Funding I LLC, President & Chief Operating Officer of Apollo Investment Corp., Managing Partner at Apollo Investment Management LP, Managing Partner at Apollo Value Investment Fund LP and Global Head-Fixed Income Capital markets at BT Securities Corp.
Known holdings in public companies
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
2023-12-05 | 1,306,833 ( 2.00% ) | 9 M $ | 2024-02-28 | |
2023-12-05 | 344,009 ( 0.56% ) | 4 M $ | 2024-02-28 |
Arthur Penn active positions
Companies | Position | Start |
---|---|---|
PENNANTPARK INVESTMENT CORPORATION | Chief Executive Officer | 2007-01-10 |
PENNANTPARK FLOATING RATE CAPITAL LTD. | Chief Executive Officer | 2010-11-03 |
MCG CAPITAL CORP | Chief Executive Officer | 2015-08-17 |
PennantPark Investment Advisers LLC
PennantPark Investment Advisers LLC Investment ManagersFinance PennantPark Investment Advisers LLC (PennantPark) is a private equity firm founded in 2007 by Art Penn. The firm is headquartered in Miami, Florida with additional offices in New York, Chicago, Houston and Los Angeles. | Founder | 2006-12-31 |
Pennantpark Investment Administration LLC | Corporate Officer/Principal | - |
Former positions of Arthur Penn
Companies | Position | End |
---|---|---|
Apollo Investment Management LP
Apollo Investment Management LP Investment ManagersFinance Part of Apollo Global Management, Inc., Apollo Investment Management LP provides investment advice. The private company is based in New York, NY. The company was founded by Arthur Howard Penn. | Founder | 2006-12-30 |
MIDCAP FINANCIAL INVESTMENT CORPORATION | President | 2005-12-31 |
Apollo Value Investment Fund LP | Corporate Officer/Principal | 2005-12-31 |
UBS GROUP AG | Corporate Officer/Principal | 2000-12-31 |
░░ ░░░░░░░░░░ ░░░░░ | ░░░░░░░░░ ░░░░░░░░░░░░░░░░░ | - |
Training of Arthur Penn
University of Pennsylvania | Undergraduate Degree |
The Wharton School of the University of Pennsylvania | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 1 |
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UBS GROUP AG | Finance |
Private companies | 11 |
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Lehman Brothers, Inc.
Lehman Brothers, Inc. Investment Banks/BrokersFinance A subsidiary of Lehman Brothers Holdings, Inc., Lehman Brothers, Inc. is a broker/dealer headquartered in New York City. They provide global equity and fixed research. The equity research department covers more than 100 sectors. They use a fundamental, quantitative, strategic and tactical research approach. In addition to these Lehman has also developed special products, such as 10 uncommon values and 10 uncommon eurovalues. | Finance |
MCG Capital Corp.
MCG Capital Corp. Investment ManagersFinance MCG Capital Corp., a business development company, invests in lower middle-market companies located in the US. The fund targets with annual revenues less than $200 million and EBITDA of $3 - $15 million. It focuses on companies operating across a broad range of sectors such as healthcare, broadcasting, manufacturing, diversified financial services, education, publishing, insurance, restaurants, information services, home furnishings and consumer product. It provides financing in the form of senior debt, second-lien debt, secured and unsecured subordinated debt, preferred and common equity for acquisitions, recapitalizations, buyouts, organic growth and working capital requirements. It also acquires minority equity positions, alongside its private equity partners or on its own. | Finance |
PennantPark Investment Corp. | |
PennantPark Floating Rate Capital Ltd. | |
BT Securities Corp. | Finance |
MidCap Financial Investment Corp
MidCap Financial Investment Corp Investment ManagersFinance MidCap Financial Investment Corp. is a closed-end investment company, which engages in the investment in directly originated and privately negotiated first lien senior secure loans to privately held United States middle-market companies. It provides financing in the form of first lien secured debt, second lien secured debt, unsecured debt, preferred equity, common equity, interests, and warrants for LBO's, CLO's acquisitions, recapitalizations, growth capital and refinancing transactions. The company was founded on February 2, 2004 and is headquartered in New York, NY. | Finance |
Apollo Value Investment Fund LP | Miscellaneous |
Apollo Investment Management LP
Apollo Investment Management LP Investment ManagersFinance Part of Apollo Global Management, Inc., Apollo Investment Management LP provides investment advice. The private company is based in New York, NY. The company was founded by Arthur Howard Penn. | Finance |
PennantPark Investment Advisers LLC
PennantPark Investment Advisers LLC Investment ManagersFinance PennantPark Investment Advisers LLC (PennantPark) is a private equity firm founded in 2007 by Art Penn. The firm is headquartered in Miami, Florida with additional offices in New York, Chicago, Houston and Los Angeles. | Finance |
Pennantpark Investment Administration LLC | |
PennantPark Investment Funding I LLC
PennantPark Investment Funding I LLC Financial ConglomeratesFinance PennantPark Investment Funding I LLC operates as a special purpose entity. It provides investment services. The company is headquartered in New York, NY. | Finance |