MCG Capital provides debt and equity financing to lower middle-market businesses, operating as a PennantPark Investment subsidiary.
Location
Arlington, VA, US
Founded
1998
MCG Capital operated as a commercial finance firm delivering senior debt, subordinated debt, and equity financing solutions. The firm specialized in structured investment facilities for lower middle-market businesses across communications, technology, and information services.
The firm was acquired by PennantPark Floating Rate Capital to expand its middle-market senior loan portfolio. Its loan assets and underwriting platform were consolidated into the PennantPark investment management operations.
MCG Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series B1 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.