Penfund

Penfund is a prominent private equity firm based in Toronto, Canada, established in 1979. It specializes in providing junior capital to mid-market companies across North America, focusing on both debt and equity investments. The firm offers a range of financial solutions including mezzanine debt, second lien debt, and equity co-investments, as well as bridge financing and financial guarantees. Penfund manages capital sourced from various institutional investors such as pension funds, insurance companies, family offices, and banks. With over $2.5 billion invested in more than 220 companies since its inception, Penfund continues to actively invest through its latest fund, Penfund Capital Fund IV, which has $460 million in committed capital. The firm's investment strategy primarily targets sectors such as industrials, consumer products, and healthcare.