On October 14, 2016, Front Street Capital announced an agreement to sell Jemekk Capital Management to J2 Capital.
J2 Capital Management Inc. (“J2 Capital”), a newly founded company subject to registering under relevant securities laws, will take over investment management services relating to the Jemekk Total Return Fund L.P. and the Jemekk Long/Short Fund L.P (the “Funds”). Gerhard Ferguson, who began at Front Street Capital 2004 (“Front Street Capital”) following its acquisition of Jemekk in 2013, will be leaving Front Street Capital to manage the Funds. The transaction is expected to close on or before November 15, 2016.
Front Street Capital is a Toronto-based, investment management firm that provides its clients with a wide range of mutual fund portfolios.
J2 Capital, also Canadian-based, is an employee-owned private investment management firm. The firm was founded with the initial intent to solely manage the Funds. J2 Capital is currently seeking registration with the Ontario Securities Commission as a Portfolio Manager, Exempt Market Dealer, and Investment Fund Manager.
To read the news release: please click here.