About Penn Capital

We conduct a fully integrated credit and equity research process with a focus on understanding the entire capital structure of a company.

Penn Capital Management Company, LLC (Penn Capital) is a boutique SEC registered investment management firm based in Philadelphia, PA. We manage multiple investment styles that leverage coverage of publicly traded companies in the micro- to mid-capitalization range, as well as companies that issue non-investment-grade debt. In December 2020, Spouting Rock Asset Management, LLC ("SRAM") acquired a direct interest in Penn Capital and is an affiliate of the firm.