History

PENN Capital Management Company, Inc. is an independent, 100% employee owned, institutionally focused investment management firm founded in 1987.

PENN currently manages over $7 billion in assets in the areas of high yield corporate debt and publicly traded micro to mid capitalization equity.

PENN seeks residual returns in inefficient asset classes. When evaluating investments, we emphasize Complete Capital Structure Analysis®, free cash flow over earnings, and the ability of company management to execute and create value.