Pender Growth Fund Inc. specializes in later stage, special situations, and restructuring investments. The fund also provides expansion capital and invests in small caps and Eligible Small Businesses ("ESBs"). It seeks to invest in illiquid public and private companies in information technology, communications, life sciences, and proprietary technologies sectors and undervalued technology companies. The fund targets companies based in British Columbia, Canada. It typically invests over CAD 0.5 million ($0.51 million) or invests between CAD 1.5 million ($1.53 million) and CAD 3 million ($3.06 million) in each portfolio company with revenues between CAD 5 million ($5.10 million) and CAD 15 million ($15.30 million). The fund prefers to invest in undervalued public companies.