# Pennantpark Private Income Fund Advisers LLC

> Pennantpark Private Income Fund Advisers LLC is an SEC-registered investment advisory firm in Miami Beach, FL, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 337750
- Filed as: PENNANTPARK PRIVATE INCOME FUND ADVISERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami Beach, FL
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/337750
- AdvisorCensus page: https://advisorcensus.com/firm/pennantpark-private-income-fund-advisers-llc-miami-beach-fl-337750

## Quick answers

**How is Pennantpark Private Income Fund Advisers LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Pennantpark Private Income Fund Advisers LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Pennantpark Private Income Fund Advisers LLC located?**
Pennantpark Private Income Fund Advisers LLC's principal office is in Miami Beach, FL, according to its Form ADV.

**Is Pennantpark Private Income Fund Advisers LLC registered with the SEC or a state?**
Pennantpark Private Income Fund Advisers LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 337750.

**How much does Pennantpark Private Income Fund Advisers LLC manage?**
Pennantpark Private Income Fund Advisers LLC reports $138,756,802 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).

**What types of clients does Pennantpark Private Income Fund Advisers LLC serve?**
By number of clients on Form ADV Item 5.D: business development companies (1).

**Does Pennantpark Private Income Fund Advisers LLC report any disciplinary disclosures?**
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/337750

**What changed in Pennantpark Private Income Fund Advisers LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $0 to $138,756,802. Employees performing advisory functions went from 1 to 30. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $138,756,802
- Discretionary: $138,756,802
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Business development companies | 1 | $138,756,802 |

### Advisory services (Item 5.G)
- Portfolio management for investment companies (and business development companies)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 91 total, 30 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $0 to $138,756,802.
- Employees performing advisory functions went from 1 to 30.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pennantpark Private Income Fund Advisers LLC (CRD 337750): Form ADV filing data as of October 2026.