David Barr joined Business Day host Amber Kanwar to discuss M&A activity in the small cap tech sector and how Pender looks for potential investment candidates in this area.Continue Reading
Shirley Won talks to Pender President & PM, David Barr, about “under-the-radar gems”.
“We try to find businesses that we know and understand,” said the stock-picker who leans toward technology plays. “We try to get into the mindset of potential buyers and figure out what they would pay … When the price is suitably cheap, we look to buy. That is what we think really drives our returns long term.”
PenderFund Capital Management Ltd. (“Pender”), the Manager of the Pender suite of investment and alternative funds, is pleased to announce the appointment of Maria Pacella, CFA, to Pender’s Investment Management Team.
Ms. Pacella joins Pender as Senior Vice President of Private Equity. She has a proven, long-term investment track record after 16 years of experience of investing in emerging growth companies, mostly in the areas of information technology and med-tech. This experience includes operational roles, M&A facilitation and board memberships. She has built an extensive technology network across North America, notably in Silicon Valley and has been a member of C100*. She is an active member and a past President of CFA Society, Vancouver.Continue Reading
David Barr was a guest on BNN’s Business Day. He was asked about the small cap tech sector in Canada – the landscape and the opportunities, including stock picks Redline (RDL) and Espial (ESP).
“In Canada we have great technology and great company builders, but if you look at the public equity markets most investors focus on the resource industry, particularly in small cap land. Everybody’s neighbour got rich buying moose pasture in Saskatchewan so they want to do it too. We like to take a much more conservative approach and understand businesses and so technology really falls off the radar of a lot of investors.”