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Investments - Consolidated Statements of Assets and Liabilities for PSSL (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Sep. 30, 2025
Assets    
Fair Value $ 2,605,347 [1],[2],[3],[4],[5] $ 2,773,328 [6],[7],[8],[9],[10]
Cash 55,125 [3],[4],[5] 81,959 [8],[9],[10]
Interest receivable 13,017 13,832
Receivable for investments sold 37 838
Prepaid expenses and other assets 2,174 2,143
Total assets 2,716,082 2,913,681
Liabilities    
Credit facility payable 488,859 683,837
Notes payable to members 0 700
Payable for investments purchased 0 14,852
Interest payable on notes to members 16,109 19,172
Accrued expenses 2,662 2,166
Due to affiliate 37 838
Total liabilities 1,675,653 1,839,165
Commitments and contingencies
Members' equity 83,075 [11] 50,650
Total liabilities and net assets 2,716,082 2,913,681
PennantPark Senior Secured Loan Fund I LLC    
Assets    
Fair Value 1,195,016 1,084,649
Cash equivalents 18,863 47,870
Cash 14,853 13,690
Interest receivable 4,177 4,138
Receivable for investments sold 25 50
Due from affiliate 96 208
Prepaid expenses and other assets 2,142 2,296
Total assets 1,235,184 1,153,689
Liabilities    
Credit facility payable 130,500 74,500
Notes payable to members 271,600 271,600
Interest payable on credit facility and asset backed debt 9,802 16,868
Interest payable on notes to members 6,545 6,788
Accrued expenses 1,130 997
Due to affiliate 25 50
Total liabilities 1,152,108 1,103,039
Members' equity 83,076 50,650
Total liabilities and net assets 1,235,184 1,153,689
PennantPark Senior Secured Loan Fund I LLC | 2036 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,731 244,659
PennantPark Senior Secured Loan Fund I LLC | 2037 Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 244,182 244,096
PennantPark Senior Secured Loan Fund I LLC | 2037 R Asset-backed debt    
Liabilities    
Asset-Backed Debt, net 243,593 $ 243,481
Pennant Park Senior Secured Loan Fund II L L C [Member]    
Assets    
Fair Value 193,151  
Cash equivalents 2  
Cash 6,775  
Interest receivable 401  
Prepaid expenses and other assets 1,347  
Total assets 201,676  
Liabilities    
Credit facility payable 125,000  
Notes payable to members 52,500  
Interest payable on credit facility and asset backed debt 777  
Interest payable on notes to members 780  
Accrued expenses 144  
Total liabilities 179,201  
Members' equity [12] 22,475  
Total liabilities and net assets $ 201,676  
[1] All of our investments are not registered under the 1933 Act and have restrictions on resale.
[2] As of December 31, 2025, all investments were in U.S. companies and total cost, fair value, and percentage of Net Assets for the U.S companies were $2,683.7 million, $2,605.3 million, and 250.4%
[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 of our investments are not registered under the 1933 Act and have restrictions on resale.
[7] 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%
[8] 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.
[9] 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.
[10] Valued based on our accounting policy (See Note 2). The value of all securities was determined using significant unobservable inputs (See Note 5).
[11] Valued based on PSSL’s accounting policy.
[12] Valued based on PSSL II’s accounting policy.