• We leave no stone unturned

    From idea generation to portfolio optimization, find out how 
    we manage our active, concentrated portfolios.

    Pender's Investment Process

  • Meet the Investment Team

    Meet the Investment Team

    Pender has a specialized team of business analysts,
    security selectors and independent thinkers. 






    Meet the team

  • PenderFund Podcast

    In our podcasts we discuss our investment process,
    our Funds and key themes in technology.



Review the track records of our niche investment funds.



Funds are priced on a daily or a weekly basis.


Portfolio Managers reflect on market dynamics and portfolio activity.


Pender aims to protect and grow wealth for our investors over time.

  • Blog

    Rite of Passage – Berkshire Hathaway AGM and Markel Corporation AGM, May 2019

    “The best thing a human being can do is to help another human being know more.” – Charlie Munger On May 4, 2019, members of the Pender Investment Team joined the thousands of others descending […]

    Learn More
  • Commentaries


    Manager’s Commentary – Q1 2019 – David Barr

    Fellow Unitholders, In our last commentary, we started by being thankful that 2018 was in the rear-view mirror and we were looking forward to 2019. It turns out that forces beyond our control have conspired […]

    Learn More
  • Podcasts


    Episode 17 – Tech – Just What the Doctor Ordered

    Maria Pacella sits down with the founder of Clarius Mobile Health, Laurent Pelissier. Laurent has been at the forefront of developing and commercializing cutting-edge ultrasound technology for nearly 20 years.
    Learn More
  • News

    In The News

    Wealth Professional – PenderFund senior VP on why diversity is key

    “”Our diversity makes us such a strong business,” said Maria Pacella, portfolio manager & senior VP, private equity. She values the gender balance at PenderFund, having worked in some male-dominated firms earlier in her career…” […]

    Learn More


How To Invest

Pender’s funds are available in all Provinces and Territories across Canada. To purchase units in a Pender fund, contact a registered securities dealer, including financial planners, investment advisors or discount brokerages.

Investment Team

Portfolio Managers

David Barr

President, CEO and
Portfolio Manager

Felix Narhi

Chief Investment Officer
and Portfolio Manager

Maria Pacella

Senior VP, Private Equity
and Portfolio Manager

Geoff Castle

Portfolio Manager

Awards + Media

We have a passion for investing. This has been recognised with a number of awards and has also garnered interest from the media.

Globe & Mail
BNN Bloomberg
Financial Post
Fund Grade A+ 2017
Wealth Professional