TORONTO, Ontario (May 15, 2012) – Penfund announced today that it has added three professionals to the team responsible for investing $460 million recently committed to Penfund Capital Fund IV by Penfund’s institutional partners.
Penfund is pleased to announce that Jeremy Thompson has joined the firm as a Partner. Mr. Thompson began his career in the leveraged finance unit of Goldman Sachs and subsequently spent sixteen years working at leading buyout firms in New York and Toronto. Mr. Thompson said: “I am looking forward to being a part of the Penfund team. The firm’s broad investment mandate, long-standing institutional relationships and its history of successful investment since 1979 provide a unique foundation for the continuing development of a premier mid-market investment franchise.”
Penfund is also pleased to announce that Michelle Winters and Nicole Fich have joined the firm as Associates. Ms. Winters previously worked in the investment banking industry in Toronto and London. Ms. Fich has prior work experience with a leading Canadian buyout firm, an institutional investor in Toronto and an investment bank in the United States.Back to All News
Penfund is a leading provider of junior capital to middle market companies throughout North America. The firm is currently investing its most recently established fund, Penfund Capital Fund VII. Penfund manages funds sourced from pension funds, insurance companies, banks, family offices and high-net-worth individuals located in Canada, the United States, the Middle East, and Europe. Penfund has invested more than $3 billion in over 225 companies since its establishment. Assets under management are approximately $2.7 billion.