Evan Rabin
Vice President
Get their honest, personalized take on your startup.
Sign in to pitch Evan →At a glance
- Full Name
- Evan Rabin
- Title
- Principal (listed in some aggregator/stub sources as "Vice President," an earlier or downstream title)
- Firm
- PennantPark Investment Advisers, LLC
- Firm Type
- Middle-market private credit / direct-lending platform (BDC manager). Note: aggregators tagging him under "Angel Investors" appear to be mislabeling — his professional role is in private credit, not early-stage angel investing.
- Investment Stage
- Core middle market (established, cash-flow-generating companies), not seed/early stage
- Check Size
- Not publicly disclosed at the individual level; PennantPark deploys firm-level private-credit capital into middle-market financings
- Target Company Profile
- U.S. middle-market companies with roughly $10M–$50M of EBITDA
- Sector Focus
- Business services, government services, healthcare, consumer, and software/technology (firm-level focus)
- Geographic Focus
- United States
- Location
- New York, NY
Background
Evan Rabin is a Principal at PennantPark Investment Advisers, an independent middle-market credit platform founded in 2007 by private-credit veteran Art Penn. He joined PennantPark in September 2015 and, per the firm's team page, has since been "involved in originating, underwriting, executing, and monitoring investments for the Firm." His work sits within PennantPark's core middle-market strategy of debt and equity investments in established U.S. companies rather than venture or seed-stage startups.
Before PennantPark, Rabin worked in leveraged and syndicated finance. He was a member of the Leveraged Finance Group at RBC Capital Markets from 2013 to 2015, and prior to that spent 2012–2013 in the Syndicated and Leveraged Finance Group at SunTrust Robinson Humphrey. This career path — leveraged finance at bulge-bracket and regional banks into direct lending — is typical of PennantPark's investment professionals.
He holds a BS in Commerce with a concentration in Finance and International Business from the University of Virginia.
PennantPark itself is headquartered in Miami with additional offices in New York (where Rabin is based), Chicago, Houston, Los Angeles, Amsterdam, and Zurich. As of 2025 the firm reported having invested over $26 billion across more than 780 private-credit transactions since inception, focusing on companies with roughly $10M–$50M of EBITDA in defensive industries.
Investment Thesis & Focus
- Operates within PennantPark's core middle-market credit mandate — debt and equity in established U.S. companies, not seed/venture rounds.
- Target companies generate meaningful cash flow, typically $10M–$50M of EBITDA.
- Firm-level sector emphasis: business services, government services, healthcare, consumer, and software/technology in defensive, downside-protected industries.
- Objective (firm-stated): "generate both current income and capital appreciation while seeking to preserve capital" through primarily middle-market lending.
- Note: I could not verify any personal angel/seed thesis for Evan Rabin from primary sources; the "Angel Investors / Seed Round" framing in the stub is not supported by his firm profile and appears to be an aggregator mislabel.
Notable Investments
- I could not verify any individually attributed portfolio companies or angel/seed deals for Evan Rabin from primary sources.
- His deal work is conducted at the firm level as part of PennantPark's middle-market credit portfolio (780+ private-credit transactions firm-wide since 2007). Specific transactions are not individually credited to him in public sources, so none are listed here to avoid fabrication.
Unlock the full research
Get how to approach them, recent activity, sources, contact links — plus pitch their AI twin for a candid read on your raise.
One-time. Stays unlocked for you.