PennantPark closes opportunistic credit strategy

The PennantPark Credit Opportunities Fund III is now closed to outside investors, signaling continued investor interest in the absolute returns available within opportunistic credit.

This is the fourth dedicated investment vehicle in this niche investment space for the New York-based PennantPark, raising approximately $375 million of a total fundraise of $750 million between this fund and the PennantPark Senior Loan Fund I, which was launched in August 2020.

The Credit Opportunities Fund III strategy is . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.

Get started

Related Articles

Back to top button

Start Your Days in the Know

 

Get fresh alts intel in your inbox with our FREE newsletter!

You have Successfully Subscribed!