James Umlah

Chief Investment Officer of the Fund, the President of Crocus Capital Inc. (the Fund’s sales subsidiary) and CEO of Scitech (a subsidiary of the Fund and the general partner of MS&T).
In his capacity with the Fund, Mr. Umlah has been responsible for investing in 55 Manitoba businesses and has provided corporate finance advice to many of those businesses.
Mr. Umlah has another fifteen years experience in the investment industry in Manitoba.
He is a former director of a major Canadian securities dealer.
Mr. Umlah has an Honours Economics degree from the University of Manitoba.
His areas of expertise include retail and institutional securities, corporate planning and financial restructuring of businesses.
Mr. Umlah is responsible for chairing and overseeing the operation of the Fund’s staff investment committee, which evaluates proposed investments and recommends investments to the Board of the Directors.
In addition, Mr. Umlah is responsible for co-ordinating the functions of the Investment Advisory Committee.
As President of Crocus Capital Inc., Mr. Umlah is responsible for managing the distribution of Common Shares and for securities compliance matters related thereto.
As the CEO of Scitech, Mr. Umlah is responsible for the MS&T investments and managing the business of MS&T.