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Transactions with Affiliated Companies (Tables)
 12 Months Ended
Sep. 30, 2024
Investments in and Advances to Affiliates [Abstract]  
Summary of Transactions with Affiliated Companies Transactions related to our funded investments with both controlled and non-controlled affiliates for the year ended September 30, 2024 and 2023 were as follows ($ in thousands):

Name of Investment

 

Fair Value at September 30, 2023

 

 

Gross Additions

 

 

Sale of/ Distribution from Affiliates

 

 

Net Change in
Unrealized
Appreciation
(Depreciation)

 

 

Fair Value at September 30, 2024

 

 

Interest Income

 

 

Dividend/Other Income

 

 

Net Realized
Gains (Losses)

 

Controlled Affiliates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketplace Events, LLC

 

$

34,027

 

 

$

8,258

 

 

$

—

 

 

$

14,822

 

 

$

57,107

 

 

$

5,180

 

 

$

130

 

 

$

—

 

PennantPark Senior Secured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Fund I LLC *

 

 

260,969

 

 

 

39,375

 

 

 

—

 

 

 

(6,216

)

 

 

294,128

 

 

 

29,913

 

 

 

14,875

 

 

 

—

 

Total Controlled Affiliates

 

$

294,996

 

 

$

47,633

 

 

$

—

 

 

$

8,606

 

 

$

351,235

 

 

$

35,093

 

 

$

15,005

 

 

$

—

 

* We and Kemper are the members of PSSL, a joint venture formed as a Delaware limited liability company that is not consolidated by us for financial reporting purposes. The members of PSSL make investments in the PSSL in the form of first lien secured debt and equity interests, and all portfolio and other material decisions regarding PSSL must be submitted to PSSL’s board of directors or investment committee, both of which are comprised of two members appointed by each of us and Kemper. Because management of PSSL is shared equally between us and Kemper, we do not believe we control PSSL for purposes of the 1940 Act or otherwise.

 

Name of Investment

 

Fair Value at September 30, 2022

 

 

Gross Additions

 

 

Sale of/ Distribution from Affiliates

 

 

Net Change in
Unrealized
Appreciation
(Depreciation)

 

 

Fair Value at September 30, 2023

 

 

Interest Income

 

 

Dividend/Other Income

 

 

Net Realized
Gains (Losses)

 

Controlled Affiliates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketplace Events, LLC

 

$

31,390

 

 

$

1,413

 

 

$

—

 

 

$

1,226

 

 

$

34,028

 

 

$

4,513

 

 

$

—

 

 

$

—

 

PennantPark Senior Secured

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Loan Fund I LLC *

 

$

239,615

 

 

$

28,438

 

 

$

—

 

 

$

(7,084

)

 

$

260,969

 

 

$

26,534

 

 

$

11,463

 

 

$

—

 

Total Controlled Affiliates

 

$

271,005

 

 

$

29,850

 

 

$

—

 

 

$

(5,858

)

 

$

294,996

 

 

$

31,047

 

 

$

11,463

 

 

$

—

 

 

* We and Kemper are the members of PSSL, a joint venture formed as a Delaware limited liability company that is not consolidated by us for financial reporting purposes. The members of PSSL make investments in the PSSL in the form of first lien secured debt and equity interests, and all portfolio and other material decisions regarding PSSL must be submitted to PSSL’s board of directors or investment committee, both of which are comprised of two members appointed by each of us and Kemper. Because management of PSSL is shared equally between us and Kemper, we do not believe we control PSSL for purposes of the 1940 Act or otherwise