PennantPark forms $500 million joint venture with Hamilton Lane
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Tesla acquires AI hardware company for up to $2 billion in stock
- Bel Fuse acquires dataMate ethernet business for $16 million
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
PennantPark Floating Rate Capital Ltd. Announces New Investment Venture with Hamilton Lane
August 11, 2025 4:05 PM EDTMIAMI, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) today announced that it has formed PennantPark Senior Secured Loan Fund II, LLC (PSSL II), a joint venture with a fund managed by Hamilton Lane (Nasdaq: HLNE) (HL). PSSL II is expected to invest primarily in middle market loans consistent with PFLTs core origination and underwriting strategy.
PFLT and HL have committed to provide a combined $200 million of notes and equity to the joint venture, with PFLT providing $150... More
