PennantPark has joined the CAIS platform.
“Expanding access to independent financial advisers through platforms like CAIS is a natural evolution of our business,” said Art Penn, founder of PennantPark. “We built this firm to be an independent, relationship-driven lender focused on the core middle market. With the help of CAIS, we are delivering that same disciplined approach in a structure designed specifically for private wealth investors.”
The launch on CAIS also reflects broader trends in the private wealth channel, where investors are increasingly seeking to diversify away from large, crowded managers and access more specialized strategies within private markets.
“Advisers today are looking for differentiated sources of income and true portfolio diversification,” said Scott McCabe, managing director, head of private wealth solutions. “Partnering with CAIS allows us to bring this strategy to a broader audience of sophisticated investors who valu
