News

VANCOUVER, B.C., September 21, 2023 - Pender Ventures is pleased to announce that Co-operators, a leading Canadian financial services co-operative, has made a strategic investment in Pender Ventures’ second fund, the Pender Technology Inflection Fund II (“PTIF II” or the “Fund”). Co-operators’ investment advances PTIF II closer to its target size of $100 million and […]

Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months and six months ended June 30, 2023. Financial Highlights (Unaudited) Net income was $41,217 for the three months ended June 30, 2023 (June 30, 2022 – Net loss $58,521,457). Investment performance was neutral in the quarter. Net income […]

VANCOUVER, B.C., – PenderFund Capital Management Ltd. (“Pender”) announces the following fund mergers, effective June 23, 2023: Pender Global Focused Fund (“PGFF”) merged into Pender Value Fund (“PVF), and Pender Strategic Growth and Income Fund (“PSGIF”) merged into Pender Enhanced Income Fund (“PEIF”). The mergers received the requisite unitholder approval on May 23, 2023.   On […]

Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the three months ended March 31, 2023. Financial Highlights (Unaudited) Net loss was $3,293,058 for the three months ended March 31, 2023 (March 31, 2022 – Net loss $51,821,705) primarily the result of negative investment performance in the quarter. Net loss […]

Let’s make a deal. PenderFund’s Amar Pandya leads the merger arbitrage strategy where he invests in more than 100 deals a year. Recent successful deals have included Twitter, Rogers and Freshii. Merger arb offers diversified returns with a low correlation to stocks and bonds and provides tax efficient returns.   Learn more in Amar’s interview […]

Pender Growth Fund Announces Annual Results and Provides Company Updates VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the year ended December 31, 2022 Financial Highlights Net loss was $127,838,962 for the year ended December 31, 2022 (December 31, 2021 – Net income $152,096,772) primarily […]

VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) announces that it has provided the TSX Venture Exchange (the "TSXV") with its Notice of Intention to make a Normal Course Issuer Bid (the "NCIB") through the facilities of the TSXV, subject to TSXV acceptance. The Company is proposing to put a new NCIB in […]

VANCOUVER, B.C. PenderFund Capital Management Ltd. (“Pender”) is pleased to provide some updates for clients of our fixed income investment funds. The Pender Bond Universe Fund (the “Fund”) passed its three-year anniversary on January 31, 2023. After reporting strong performance relative to its category in 2021 and 2022, we are pleased to report that 3-year […]

VANCOUVER, January 26, 2023 - PenderFund Capital Management Ltd. (“Pender”) is pleased to announce a successful first close of $50M for the Pender Technology Inflection Fund II (“PTIF II” or “the Fund”). The Fund is managed by Pender Ventures, the technology venture capital arm of Pender. Pender Ventures is targeting $100M for the Fund, and […]