{ "crd_number": 143149, "slug": "pennantpark-investment-advisers-llc-miami-beach-fl-143149", "primary_business_name": "PENNANTPARK INVESTMENT ADVISERS, LLC", "legal_name": "PENNANTPARK INVESTMENT ADVISERS, LLC", "dbas": [], "city": "Miami Beach", "state": "FL", "country": "United States", "cbsa_code": "33100", "metro": { "cbsa_code": "33100", "common_name": "Miami", "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL", "path": "/advisors/fl/miami" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2007-03-13", "years_registered": 19, "period": "2026-10-01", "filing_date": "2026-03-31", "carried_forward": false, "raum_total": 6155934731.0, "raum_discretionary": 6138366213.0, "raum_non_discretionary": 17568518.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 91, "advisory_employees": 30, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": null, "count": 1 }, "pooled_investment_vehicles": { "raum": 2146334056.0, "count": 12 }, "business_development_companies": { "raum": 4009600675.0, "count": 2 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL" ], "websites": [ "https://linkedin.com/company/pennantpark", "https://pennantpark.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/143149", "city_as_filed": "MIAMI BEACH", "url": "https://advisorcensus.com/firm/pennantpark-investment-advisers-llc-miami-beach-fl-143149", "display_name": "Pennantpark Investment Advisers, LLC", "summary": "Pennantpark Investment Advisers, LLC is an SEC-registered investment advisory firm in Miami Beach, FL, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.", "citation": "AdvisorCensus. Pennantpark Investment Advisers, LLC (CRD 143149): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Pennantpark Investment Advisers, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Pennantpark Investment Advisers, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Pennantpark Investment Advisers, LLC located?", "a": "Pennantpark Investment Advisers, LLC's principal office is in Miami Beach, FL, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F)." }, { "q": "Is Pennantpark Investment Advisers, LLC registered with the SEC or a state?", "a": "Pennantpark Investment Advisers, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 143149." }, { "q": "How much does Pennantpark Investment Advisers, LLC manage?", "a": "Pennantpark Investment Advisers, LLC reports $6,155,934,731 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)." }, { "q": "How have Pennantpark Investment Advisers, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Pennantpark Investment Advisers, LLC: Regulatory assets under management: $3,554,422,389 in the October 2021 data and $6,155,934,731 in the October 2026 data, up 73%. Total employees: 44 in October 2021 and 91 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Pennantpark Investment Advisers, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12); business development companies (2); investment companies (1)." }, { "q": "Does Pennantpark Investment Advisers, LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/143149" }, { "q": "What changed in Pennantpark Investment Advisers, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 25 to 30. Regulatory assets under management went from $4,511,363,681 to $6,155,934,731 (+36%). Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 3554422389.0, "total_employees": 44, "filing_date": "2021-03-26" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4650029515.0, "total_employees": 51, "filing_date": "2022-04-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4511363681.0, "total_employees": 61, "filing_date": "2023-05-10" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3976823759.0, "total_employees": 67, "filing_date": "2024-03-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4511363681.0, "total_employees": 79, "filing_date": "2025-05-12" }, { "period": "2026-10-01", "regulatory_assets_under_management": 6155934731.0, "total_employees": 91, "filing_date": "2026-03-31" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 25 to 30.", "Regulatory assets under management went from $4,511,363,681 to $6,155,934,731 (+36%).", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/pennantpark-investment-advisers-llc-miami-beach-fl-143149.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": null }, { "type": "business_development_companies", "label": "Business development companies", "count": 2, "fewer_than_5": false, "raum": 4009600675.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 12, "fewer_than_5": false, "raum": 2146334056.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/143149", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }