Pendo LLC is an SEC-Registered Investment adviser founded and wholly-owned by its principals, Tina Larsson and Mark Foley.
Independent and unaffiliated with any financial institution, Pendo's distinct position and extensive knowledge enables delivery of forward-thinking, impartial, and opportune investment advice to wealthy individuals and institutions.
Pendo specializes in true international investing, dedicated to being as uncorrelated to the US economy and currency as possible. It adheres to time-tested fundamentals of value investing with a long-term investment goal.
Pendo is an Emerging Manager and a WBENC-Certified Women's Business Enterprise.
Pendo LLC was co-founded by current owners Tina Larsson and Mark Foley in February 2007, with the intention of serving an area in the investment community (true international investing) that they felt was vastly underserved. In acknowledgement of their value style of investing, they chose the Latin word for value: "Pendo."
On May 31, 2007, Pendo launched its flagship product, the Pendo International Strategy. This non-US investment vehicle is available to US and foreign investors, and based on Pendo's in-house, bottom-up fundamental analysis.
is the Chief Investment Officer of Pendo LLC, which she co-founded in February of 2007. Ms. Larsson began in 1996 as a research analyst at Horizon Asset Management, Inc. (HAM), an independent portfolio manager/RIA and provider of proprietary research. She has been published in multiple subscription-based investment research products, including The Spin-Off Report and The Contrarian Research Report. During her tenure as a Portfolio Manager and growth into the acting COO (2002-2007), this division grew from approximately $75MM in AUM to approximately $12 billion AUM. In November of 2005, she was named President of Horizon Global Advisers, LLC (an affiliate of HAM and an RIA with $250 million AUM), a position she retained through 2008. Ms. Larsson has a BBA and MBA, both from Pace University.
is the President of Pendo LLC, which he co-founded in February of 2007. Mr. Foley leads the economic research, oversees the investment of strategies while managing associated risks, and supervises cash management activities while executing strategies to support the company's expansion and achievement of financial goals. Mr. Foley has extensive experience as a consultant specializing in financial institutions, and as such has worked with many of the industry's largest banks and wire houses as a Financial Management Consultant (1991-2007). Mr. Foley began his career on Wall Street with Shearson Lehman Hutton in 1988. Mr. Foley has a BS from the University of New Hampshire and an MBA from Pace University.
is the Head of Trading for Pendo LLC, which she joined in August of 2008. Ms. Torres is responsible for the implementation of investment decisions and adherence to Pendo's trading policies and procedures, including trade rotations and executions. In addition, she is in charge of the administration of Pendo's portfolio management system and trade order management system, including all related technical and operational aspects. Ms. Torres also heads Pendo's performance reporting and the verification of its performance according to GIPS© standards. Ms. Torres began her financial career in 2007 as an administrative assistant at Horizon Asset Management, Inc., where she worked directly with Tina Larsson. Ms. Torres attended Marymount Manhattan College.