Pender Financial Group Corporation
Company Information

Pender Financial Group Corporation Company Profile

Like a geek with deep pockets, Pender Financial can drop some serious money on technology. The Canadian merchant bank invests in emerging growth companies, specifically British Columbia firms in high tech fields. The company has sunk about $6 million in what it considers undervalued companies that need some management guidance. One of its biggest money makers is ActiveState Software, which creates open-source software for the Perl, Python, and Tcl programming and scripting languages. Other investments include bio tech venture capitalist Bio FutureFund, high-end marine lighting firm Carmanah, and Web host Radiant Communications.