---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-108014"
form_type: "8-K"
ticker: "PFLT"
cik: "0001504619"
company_name: "PennantPark Floating Rate Capital Ltd."
filed_at: "2025-08-13T23:59:59+00:00"
generated_at: "2026-05-17T13:55:01.049096+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PennantPark Floating Rate Capital forms $200M joint venture with Hamilton Lane for middle market loans

## Summary
- PFLT commits up to $150M; Hamilton Lane commits up to $50M to PennantPark Senior Secured Loan Fund II LLC.
- Joint venture will invest primarily in middle market loans.
- Board of managers has equal representation from PFLT and HL; material decisions require one vote from each side.
- LLC agreement dated August 8, 2025; investments via membership interests and secured notes.

## SEC filing metadata
- accession: 0000950170-25-108014
- form_type: 8-K
- ticker: PFLT
- cik: 0001504619
- company_name: PennantPark Floating Rate Capital Ltd.
- filed_at: 2025-08-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504619/000095017025108014/0000950170-25-108014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504619/000095017025108014/pflt-20250808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-108014
- JSON: https://secwatch.observer/filing/0000950170-25-108014.json
- Plain text: https://secwatch.observer/filing/0000950170-25-108014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
