Front Street Capital

Front Street Capital

July 15, 2011 09:20 ET

Front Street Capital Raises More Than $225,000 for Joe's Team, Benefiting Princess Margaret Hospital

Front Street Capital Named Top Fundraising Team for 2011

TORONTO, ONTARIO--(Marketwire - July 15, 2011) -

Attention: Business, lifestyle and city editors

On June 22, 2011, hundreds of key players in the Canadian financial and philanthropic community gathered at C Lounge to celebrate the beginning of summer while raising awareness and funds for Joe's Team Triathlon, benefiting Princess Margaret Hospital (PMH).

To assist in helping Joe's Team surpass its $1 million fundraising goal, Front Street Capital (FSC) hosted the inaugural Front Street Capital Summer Solstice party, with all proceeds going directly to the Joe's Team Triathlon, funding cancer care and treatment at PMH.

The Summer Solstice event and team fundraising efforts raised in excess of $225,000.

"We are so pleased with the level of support we've received from our friends, family, and generous peers in the industry, and we are incredibly excited to be named the top fundraising team at this year's Joe's Team Triathlon. It's a real testament to the commitment our sponsors and supporters have in honouring the vision and spirit of our friend, Joe Finley," said Norm Lamarche, FSC partner and senior portfolio manager. "We are thrilled to have played a significant role in helping Joe's Team raise $1.375 million this year," he added.

About Joe's Team:

Joe's Team was founded on the basis of Joe Finley's unbelievable human spirit. After Joe's diagnosis with cancer and a mere six months after his first of many highly invasive cancer therapies, Joe completed his first sprint triathlon. Joe's desire for others to experience the same sense of accomplishment inspired him to approach the Princess Margaret Hospital Foundation (PMHF) and set in motion Joe's Team Triathlon.

In its first four years, Joe's Team has raised $3.2 million, making this the largest third party fundraiser for the Princess Margaret Hospital and the third largest fundraiser of any kind for the hospital. All proceeds go directly to fund the next breakthrough. In fact, The Head and Neck Translational Research Program at the PMH was founded by the fundraising endeavours of Joe's Team. This was the fifth anniversary of Joe's Team and the first year that Joe did not participate. Sadly, after a difficult battle with cancer, Joe passed away last fall.

Thank you to this year's generous sponsors:

(Gold) BMO Capital Markets, Canaccord Genuity, Clarus Securities Inc., Cormark Securities, Delavaco Capital Inc., GMP Securities, National Bank Financial Markets, Raymond James, Segal LLP, TD Securities, Wellington West Capital Markets Inc.

(Silver) Blake, Cassels & Graydon LLP, CIBC, Dundee Capital Markets, Flatiron Capital, Macquarie Capital Markets Canada Ltd., RBC Capital Markets, Stifel Nicolaus, Stonecap Securities.

(Bronze) Cassels Brock & Blackwell LLP, Deloitte, KPMG LLP, McCarthy Tetrault LLP, Pricewaterhouse Coopers LLP, Stikeman Elliott LLP.

Thank you to our event partners: C Lounge, Harmony Financial Print, Investment Executive, Lizlyn Custom Floral and Event Design, The Princess Margaret Hospital Foundation, Rosewater, SakicScarfe.

About Front Street Capital (www.frontstreetcapital.com)

Front Street Capital, together with its affiliates, is widely recognized as an established leader in the Canadian investment industry, with approximately $3.5 billion in assets under management among various long/short equity strategies, mutual funds, limited partnerships and trusts. Front Street portfolio managers have extensive experience in the investment industry with specific expertise in the energy, mining, natural resource and agriculture sectors. The Front Street group invests primarily in Canadian equities, including their subsidiary global emerging-market operations, employing fundamental and technical analysis, combined with a global macroeconomic perspective and comprehensive knowledge of the Canadian corporate landscape.

About Princess Margaret Hospital

Princess Margaret Hospital and its research arm, Ontario Cancer Institute, have achieved an international reputation as global leaders in the fight against cancer. Princess Margaret Hospital is a member of the University Health Network, which also includes Toronto General Hospital, Toronto Western Hospital and Toronto Rehabilitation Institute. All are research hospitals affiliated with the University of Toronto. For more information, go to www.uhn.ca.

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