• Pender Credit Opportunities Fund

    The opportunity for outperformance in stressed and distressed credit

The Pender Credit Opportunities Fund is focused on deeply discounted stressed and distressed small and middle market public credit issuers.

We believe opportunities to outperform 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 market environments. 

Meet the Managers

Parul Garg, MBA

  • Deploying the strategy since 2015, across $1.9 billion credit mandate
  • Stressed/distressed credit specialist
  • Experience in defaulted securities re-org and recapitalizations
  • Undergraduate in Engineering, post-graduate in MBA; attended Wharton School Distressed Asset Investing & Corporate Restructuring Program
  • Over 10 years of investment experience

Geoff Castle, MBA

  • Portfolio Manager of the Pender Corporate Bond Fund (Lead Portfolio Manager, Fixed Income)
  • 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, 2024

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

  • Institutional Investor Article

    November 25, 2024

    The Price of Public Credit Can Rise and Fall Dramatically. That’s a Good Thing.

  • AIMA Journal Article

    September 23, 2024

    Better together: The powerful synergy in public and private debt strategies

  • BPM Article

    15 July 2024

    Why the next five years will give tailwinds for distressed credit

  • Financial Post Article

    23 JUNE 2024
    Sweet ‘n’ Low: Finding exceptional value in unrated credit markets

    Client Service Team

    Vice President, Institutional Sales & Service

    Sarah Wildman

    Director, Institutional Sales

    Ronnie Aggarwal

    Disclaimer:

    The Pender Credit Opportunities Fund (PCOF) 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 PCOF.
    The Pender Credit Opportunities Fund is a private, limited partnership fund and only available to Accredited Investors who meet certain criteria.