Penson Worldwide investor TCV V reports 11.1% stake in company

By Lisa Kerner

Charlotte, N.C., March 23 - Penson Worldwide Inc. investors led by TCV V, LP reported beneficially owning 2,790,363 shares, or 11.1%, of the company's shares, according to a schedule 13D filing with the Securities and Exchange Commission.

While the investors have no plans at this time to become active, they may acquire additional shares based on numerous factors, including the general market and ongoing evaluations of the company, the filing stated.

Penson is a Dallas-based provider of securities-processing infrastructure products and services to the securities and investment industry.

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