Pennant Park

Pennant Park operates 2 distinct investment strategies on Termgrid: Direct Lending, Clo Vehicle. Each strategy has its own criteria, ticket-size band and sector appetite, and is profiled separately on the firm's Termgrid page. Sponsors evaluating Pennant Park typically look at the specific strategy that fits the deal type — the right contact and capital pool varies by strategy.

Pennant Park is active in United States and W.Europe. Sponsors running cross-border processes can include Pennant Park where any of these geographies match the borrower or transaction. Regional focus reflects current deployment patterns recorded by Termgrid; firms periodically extend their mandate, so check the platform for the most current view.

Yes. Pennant Park underwrites credits across sectors on a deal-by-deal basis rather than to a fixed industry mandate. Sector-agnostic lenders are typically preferred for transactions in markets where the borrower's industry is unusual, sits between common categories, or where the credit thesis depends more on capital structure than vertical-specific expertise.

Termgrid subscribers can route opportunities to Pennant Park directly via the platform's deal execution workflow. The platform manages introductions, NDA exchange, materials sharing and term-sheet collaboration end-to-end. If you are not a Termgrid subscriber, request a demo to see the routing options and what the workflow looks like for Pennant Park specifically.

This profile was last updated on 2025-09-16. Profile data is refreshed on a rolling basis from verified sources: firm-published materials, regulatory filings, and direct submissions from the lender. Press coverage from tracked finance publishers is aggregated nightly and shown in the news section above.