v3.26.1
Investments - Consolidated Statements of Assets and Liabilities for PSSL (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Sep. 30, 2025
Assets    
Fair Value $ 2,504,658 [1],[2] $ 2,773,328 [3],[4],[5],[6],[7]
Cash and Cash Equivalent at Carrying Value 100,800  
Cash 50,083 [8],[9],[10] 81,959 [5],[6],[7]
Interest receivable 13,496 13,832
Receivable for investments sold 0 838
Prepaid expenses and other assets 2,094 2,143
Total assets 2,634,842 2,913,681
Liabilities    
Credit facility payable 318,310 683,837
Notes payable to members 6,100 0
Payable for investments purchased 0 14,852
Interest payable on notes to members 19,662 19,172
Distribution payable to members 8,265 10,170
Accrued expenses 1,320 2,166
Due to affiliate 0 838
Total liabilities 1,617,213 1,839,165
Commitments and contingencies
Members' equity 60,196 [11] 50,650
Total liabilities and net assets 2,634,842 2,913,681
PennantPark Senior Secured Loan Fund I LLC    
Assets    
Fair Value 1,139,880 1,084,649
Cash equivalents 31,764 47,870
Cash 20,292 13,690
Interest receivable 4,316 4,138
Receivable for investments sold 108 50
Due from affiliate 56 208
Prepaid expenses and other assets 1,645 2,296
Total assets 1,197,953 1,153,689
Liabilities    
Credit facility payable 110,500 74,500
Notes payable to members 271,600 271,600
Interest payable on credit facility and asset backed debt 9,198 16,868
Interest payable on notes to members 6,342 6,788
Distribution payable to members 5,750 0
Accrued expenses 1,215 997
Due to affiliate 108 50
Total liabilities 1,137,757 1,103,039
Members' equity 60,196 50,650
Total liabilities and net assets 1,197,953 1,153,689
PennantPark Senior Secured Loan Fund I LLC | 2036 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,875 244,659
PennantPark Senior Secured Loan Fund I LLC | 2037 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,354 244,096
PennantPark Senior Secured Loan Fund I LLC | 2037 R Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 243,815 $ 243,481
Pennant Park Senior Secured Loan Fund II L L C [Member]    
Assets    
Fair Value 320,145  
Cash equivalents 4,901  
Cash 28,552  
Interest receivable 957  
Receivable for investments sold 14  
Prepaid expenses and other assets 1,972  
Due from affiliate 16  
Total assets 356,543  
Liabilities    
Credit facility payable 226,000  
Notes payable to members 87,500  
Interest payable on credit facility and asset backed debt 2,281  
Interest payable on notes to members 1,758  
Distribution payable to members 1,400  
Accrued expenses 553  
Due to affiliate 14  
Total liabilities 319,506  
Members' equity [12],[13] 37,037  
Total liabilities and net assets $ 356,543  
[1] All of our investments are not registered under the 1933 Act and have restrictions on resale.
(13)
Rate disclosed is the seven day effective yield as of June 30, 2026.
[2] As of June 30, 2026, all investments were in U.S. companies and total cost, fair value, and percentage of Net Assets for the U.S. companies were $2,627.4 million, $2,504.7 million, and 246.1%.
[3] All of our investments are not registered under the 1933 Act and have restrictions on resale.
[4] As of September 30, 2025, all investments were in U.S. companies and total cost, fair value, and percentage of Net Assets for the U.S. companies were $2,819.4 million, $2,773.3 million, and 258.1%
[5] The provisions of the 1940 Act classify investments based on the level of control that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally presumed to be “non-controlled” when we own 25% or less of the portfolio company’s voting securities and “controlled” when we own more than 25% of the portfolio company’s voting securities.
[6] The provisions of the 1940 Act classify investments further based on the level of ownership that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when we own less than 5% of a portfolio company’s voting securities and “affiliated” when we own 5% or more of a portfolio company’s voting securities.
[7] Valued based on our accounting policy (See Note 2). The value of all securities was determined using significant unobservable inputs (See Note 5).
[8] Non-income producing securities.
[9] The provisions of the 1940 Act classify investments based on the level of control that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally presumed to be “non-controlled” when we own 25% or less of the portfolio company’s voting securities and “controlled” when we own more than 25% of the portfolio company’s voting securities.
[10] The provisions of the 1940 Act classify investments further based on the level of ownership that we maintain in a particular portfolio company. As defined in the 1940 Act, a company is generally deemed as “non-affiliated” when we own less than 5% of a portfolio company’s voting securities and “affiliated” when we own 5% or more of a portfolio company’s voting securities.
[11] Valued based on PSSL’s accounting policy.
[12] As of June 30, 2026, all investments were in U.S. companies, and total cost, fair value, percentage of Net Assets for the U.S. companies were $320.8 million, $320.1 million and 864.4%.
[13] Valued based on PSSL II’s accounting policy.