Pennington Alternative Income Management

Private Investment Firm Maryland, United States ·Founded 2016

Overview

Pennington Alternative Income Management (PAI) is an alternative investment firm dedicated to providing attractive risk-adjusted returns through differentiated yield-oriented investments. The firm primarily serves ultra-high net worth taxable investors and the advisors who support them. PAI's investment approach is characterized by a nomadic and opportunistic lens, seeking attractive relative value across various asset classes. This strategy was developed in response to the affiliated multi-family office's need for solutions designed to generate attractive after-tax income. The firm's portfolios are designed around tax efficiency, yield, and diversification, targeting gross internal rates of return (IRRs) between 9% and 15%, and net IRRs between 7% and 11%. PAI focuses on attractive risk/reward opportunities with a strong emphasis on capital preservation and current yield. Their tax-sensitive investment style involves originating and/or purchasing differentiated debt and debt-like investments across a variety of less correlated investment classes. Representative transactions include a revolving credit facility for a bank lender originating commercial loans through a Federal Reserve-administered stimulus program, a senior-secured Holdco note for a consumer finance company, and a construction loan to finance the development of a multi-family apartment building in Jersey City. Founded by two entrepreneurial families in 2016, Pennington Partners & Co. is an award-winning multi-family office whose mission is to elevate the lives of highly successful entrepreneurs and their families. The firm offers a full suite of modern investment and wealth planning solutions, including household management, investment advisory services, and a tax-advantaged investment platform, all intentionally designed to support the complex needs of their partners. PAI operates as an affiliate of Pennington Partners & Co., leveraging the firm's extensive experience and resources to deliver tailored investment solutions to its clients.

Investment Focus

  • Accredited investors only
  • Long-term investment horizon

Portfolio Companies

Revolving credit facility for a bank lender originating commercial loans through a Federal Reserve-administered stimulus programSenior-secured Holdco note for a consumer finance companyConstruction loan to finance the development of a multi-family apartment building in Jersey City

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Frequently asked questions about Pennington Alternative Income Management

What sectors does Pennington Alternative Income Management invest in?

Pennington Alternative Income Management invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Maryland, United States. Pennington Alternative Income Management is listed as a private investment firm in the ConnectSafely investor database.

What stage does Pennington Alternative Income Management invest at?

Pennington Alternative Income Management backs companies at Growth, Late Stage, Pre-IPO, Buyout, Turnaround and Distressed, writing cheques of 1M - 50M.

Which regions does Pennington Alternative Income Management invest in?

Pennington Alternative Income Management invests across United States.

What companies has Pennington Alternative Income Management invested in?

Pennington Alternative Income Management's portfolio includes Revolving credit facility for a bank lender originating commercial loans through a Federal Reserve-administered stimulus program, Senior-secured Holdco note for a consumer finance company and Construction loan to finance the development of a multi-family apartment building in Jersey City.

Last updated · Source: ConnectSafely investor database