• Pender Credit Opportunities Fund

    The opportunity for outperformance in stressed and distressed credit

The Pender Credit Opportunities Fund is a limited partnership fund focused on deeply discounted stressed and distressed small and middle marketing public credit issuers.

  • We believe outperformance opportunities exist due to high capital scarcity, less competition from other capital providers and our ability to engage in proactive credit management.
  • We have consistently invested in stressed and distressed credits since 2015, with a specialized skill set and process that have proven resilient across a range of marketing environments. 

Market Tailwinds

Meet the Managers

Parul Garg, MBA

  • Deploying the strategy since 2015 across our $1.5 billion credit mandate
  • Experience in defaulted securities re-org and recapitalizations
  • Over 10 years of experience
  • Undergraduate in engineering, post-graduate MBA
Read Parul’s biography

Geoff Castle, MBA

  • Lead Portfolio Manager in $1.5 billion credit mandate
  • Deploying the strategy since 2015; multiple successful defaulted bond investments
  • Cross capital structure expertise; corporate, board and consultancy experience
  • Lipper award winning manager of the Pender Corporate Bond Fund in 2018, 2019
Read Geoff’s biography

Videos

Meet Parul Garg

February 2024

What is the Pender Credit Opportunities Fund?

February 2024

Why Invest in Distressed Credit?

Why Choose the Pender Credit Opportunities Fund?

Pender Credit Opportunities Fund Investment Process

Resources

  • PCOF II Exec Summary

    Executive Summary

    Pender Credit Opportunities Fund II

    April 2024
    Read
  • PenderFund 12 Days of Investing - Growing Capital

    Article

    Distressed Debt:
    Which Sectors Offer Value?

    June 28, 2023
    Read

  • Article

    Stressed and Distressed Credit:
    Risk and Reward

    June 21, 2023
    Read

  • Article

    Opportunity, Set, Match:
    The art and science of distressed credit investing

    June 20, 2023
    Read

  • Article

    Why distressed debt is an ‘all-weather’ investment strategy

    June 11, 2023
    Read

    Client Service Team

    Vice President, Institutional Sales & Service

    Sarah Wildman

    Read Sarah’s biography
    Director, Institutional Sales

    Ronnie Aggarwal

    Read Ronnie’s biography

    Disclaimer:

    The Pender Credit Opportunities Fund II (PCOF II) is a separate and distinct fund from the Pender Corporate Bond Fund (PCBF) and Pender Credit Opportunities Fund I (PCOF I) and results of the PCBF and PCOF I are not indicative of the performance of the PCOF II.
    The Pender Credit Opportunities Fund II is a private, limited partnership fund and only available to Accredited Investors who meet certain criteria.

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