PenderFund finds first growth deal in portable ultrasound tech

Maria Pacella, Senior VP, Private Equity and Portfolio Manager, PenderFund Capital Management
  • Canadian mutual fund manager raising tech growth fund
  • First deal: $3 mln investment in Clarius Mobile Health
  • Targets “inflection-stage” companies to exploit market gap
PenderFund Capital Management’s new tech growth fund agreed to make its first investment, a C$3 million ($2.3 million) stake in medical-imaging company Clarius Mobile Health, an executive at the Vancouver firm told Buyouts. Maria Pacella, senior vice president of private equity, ...

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