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Hedge fund star Jean-Francois Tardif comes out of retirement to launch fund

Opalesque  – In 2009, Jean-François Tardif retired from Sprott Asset Management as one of the top hedge fund managers in the industry. Since then, he has been living a quieter life in Canada. Now, he is coming out of retirement and has been hired by Toronto-based First Asset Investment Management Inc. to run a new closed-end hedge fund.

The fund will list on the Toronto exchange in May. The new fund – JFT Strategies Fund will be Long/Short Equities based. First Asset Management has approximately $2.6bn in total assets in addition to the new fund. Tardif has also launched his own firm – Timelo Investment Management Inc.

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