An apparatus for gathering of tissue of a heart valve leaflet comprises an elongated member and a grasping assembly movable in the elongated member between a retracted position and an extended position. The grasping assembly includes an actuating arm having a proximal end and a distal end. The grasping assembly is attached to the distal end of the activating arm. The grasping assembly is operable to gather and clamp the tissue of the heart valve leaflet such that clamped tissue has a gathered configuration.