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Transactions with Affiliated Companies (Tables) | 6 Months Ended
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Mar. 31, 2025
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 six months ended March 31, 2025 were as follows ($ in thousands):
Name of Investment |  | Fair Value at September 30, 2024 |  | Gross Additions |  | Gross Reductions |  | Net Change in Unrealized Appreciation (Depreciation) |  | Fair Value at March 31, 2025 |  | Interest Income |  | Dividend/ Other Income |  | Net Realized Gains (Losses)
Controlled Affiliates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketplace Events, LLC** |  | $57,107 |  | $4,214 |  | $(36,984) |  | $(24,337) |  | $— |  | $5,062 |  | $306 |  | $22,811
PennantPark Senior Secured Loan Fund I LLC * |  | 294,128 |  | 21,875 |  | — |  | (18,713) |  | 297,290 |  | 15,091 |  | 8,750 |  | —
Total Controlled Affiliates |  | $351,235 |  | $26,089 |  | $(36,984) |  | $(43,050) |  | $297,290 |  | $20,153 |  | $9,056 |  | $22,811
* 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 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. ** Marketplace was sold during the Q1 2025 quarter.
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 March 31, 2024 |  |  | Interest Income |  |  | Dividend/ Other Income |  |  | Net Realized Gains (Losses) |
Controlled Affiliates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketplace Events, LLC |  | $ | 34,027 |  |  | $ | 798 |  |  | $ | — |  |  | $ | 3,178 |  |  | $ | 38,003 |  |  | $ | 2,478 |  |  | $ | — |  |  | $ | — |
PennantPark Senior Secured |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loan Fund I LLC * |  |  | 260,969 |  |  |  | — |  |  |  | — |  |  |  | 2,230 |  |  |  | 263,199 |  |  |  | 14,276 |  |  |  | 7,219 |  |  |  | — |
Total Controlled Affiliates |  | $ | 294,996 |  |  | $ | 798 |  |  | $ | — |  |  | $ | 5,408 |  |  | $ | 301,202 |  |  | $ | 16,754 |  |  | $ | 7,219 |  |  | $ | — |
* 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 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.

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- Definition A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. + References No definition available. + Details
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