Total Return and Alternative Strategies

Penn Capital manages total return and alternative strategies, combining our integrated complete capital structure analysis philosophy. We look beyond a company’s income statement, emphasizing balance sheet research and in-depth evaluation of management. We search for companies with consistent EBITDA, attractive relative EBITDA multiples, and catalysts for growth.

Key Characteristics:

  • Total return and sector focused strategies
  • Bottom-up, fundamental investment philosophy
  • High conviction investment and portfolio construction process
  • Focus on “out of favor” industries and sectors
  • Capacity constrained portfolios
  • High active share