VANCOUVER, B.C. (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the year ended December 31, 2025. Financial Highlights Net loss was $4,879,423 for the year ended December 31, 2025 (December 31, 2024 – net income of $55,473,592). Net loss per Class C common share (“Share”) was $0.69 […]

Dear Unitholders, The Pender Alternative Arbitrage Fund and the Pender Alternative Arbitrage Plus Fund were both up 0.3%1 in January 2026 while the HFRI ED: Merger Arbitrage Index (USD) returned 0.1%2. M&A Market Update Global M&A opened 2026 with a strong start, with over $310 billion of announced global deal value in January. The tone […]

The Pender Partners Fund returned 7.0% in January. The Fund’s all-cap mandate provides flexibility to pursue mispriced opportunities across market segments and geographies. January is always an interesting time of year. Calendars are flipped, resolutions are made, and investors look for signals about what the year ahead may hold. But does a new year truly […]

Dear Unitholders, The Pender Alternative Absolute Return Fund returned 0.4%1 in January. Robust inflows into risk assets drove returns in January, with the first two weeks of the year being particularly strong. The ICE BofA US High Yield Index reached a spread of 264bp Govt OAS mid-month before widening to finish the month at 288bp […]

The Sales, Strategy, and Discipline Behind Building a Category Leader In this episode, Pender Ventures Principal Meryeme Lahmami spoke with Angelo Papatheodorou who shared his unfiltered story behind scaling PointClickCare from startup to healthcare SaaS leader. He breaks down the pivotal deals, tough “no” decisions, sales discipline, pricing strategy, and culture-building lessons that drove decades […]

January was characterized by a sharp shift in investor sentiment, particularly toward growth-oriented sectors. As markets reassessed expectations around artificial intelligence, concerns that AI could materially disrupt traditional software business models resurfaced and weighed heavily on software equities. This narrative assumes that enterprises will increasingly rely on internally developed AI tools rather than purchasing software […]