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Investments - Consolidated Statements of Assets and Liabilities for PSSL (Details) - USD ($)
$ in Thousands
Sep. 30, 2025
Sep. 30, 2024
Assets    
Total investments $ 2,773,328 [1],[2] $ 1,983,504 [3],[4],[5],[6],[7]
Cash and cash equivalents (amortized cost -$68,429 and $77,446, respectively) 122,688 112,050
Interest receivable 13,832 12,167
Receivable for investments sold 838 0
Prepaid expenses and other assets 2,143 198
Total assets 2,913,681 2,108,845
Liabilities    
Credit Facility payable 683,837 443,880
Payable for investments purchased 14,852 20,363
Interest payable on notes to members 19,172 14,645
Accounts payable and accrued expenses 2,166 2,187
Total liabilities 1,839,165 1,231,551
Commitments and contingencies
Members' equity 50,650 [8] 64,547 [9]
Total liabilities and net assets 2,913,681 2,108,845
PennantPark Senior Secured Loan Fund I LLC    
Assets    
Total investments 1,084,649 913,281
Cash and cash equivalents (amortized cost -$68,429 and $77,446, respectively) 61,560 68,429
Interest receivable 4,138 4,722
Receivable for investments sold 50 65
Prepaid expenses and other assets 2,296 1,642
Due from affiliate 208 48
Total assets 1,153,689 988,122
Liabilities    
Credit Facility payable 74,500 146,100
Notes payable to members 271,600 271,600
Interest payable on Credit Facility and asset backed debt 16,868 9,281
Payable for investments purchased 0 86
Interest payable on notes to members 6,788 7,315
Accounts payable and accrued expenses 997 822
Total liabilities 1,103,039 923,575
Members' equity 50,650 64,547
Total liabilities and net assets 1,153,689 988,122
PennantPark Senior Secured Loan Fund I LLC | 2035 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 0 243,934
PennantPark Senior Secured Loan Fund I LLC | 2036 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,659 244,372
PennantPark Senior Secured Loan Fund I LLC | 2037 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,096 0
PennantPark Senior Secured Loan Fund I LLC | 2037-R Asset-Backed Debt    
Liabilities    
Asset-Backed Debt, net $ 243,481 $ 0
[1] As of September 30, 2025, all investments are in U.S companies. 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%
[2] Partial PIK non-accrual security
[3] 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.
[4] 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.
[5] Valued based on our accounting policy (See Note 2). The value of all securities was determined using significant unobservable inputs. (See Note 5)
[6] All investments are in US Companies unless noted otherwise. Total cost, fair value, and percentage of Net Assets for the U.S. Companies were $1,994.9 million, $1,983.5 million, and 226.1%
[7] All of our investments are not registered under the 1933Act and have restrictions on resale.
[8] Valued based on PSSL’s accounting policy.
[9] Valued based on PSSL’s accounting policy.