B.R.K. Capital Inc

B.R.K. Capital Inc

B.R.K. Capital was established in Montreal in 2016 by Glenn J. Chamandy, who co-founded the apparel manufacturing giant Gildan Activewear. The firm consolidates management of the Chamandy family's wealth under a single-family-office structure. While precise assets remain undisclosed, the office's mandate encompasses the financial interests of Glenn Chamandy, his wife Amel Murad Chamandy, and their children, with a separate philanthropic vehicle, the Chamandy Foundation, handling charitable priorities. Karim B. Abuani leads day-to-day investments as President and CIO, executing a strategy that spans private equity, private credit, hedge funds, and public-markets macro investing. The firm accesses private markets through funds, co-investments, and direct North American deals, often alongside trusted managers and family-office peers. In public markets, it favors a macro lens and select external equity fund managers. Known L.P. relationships include a significant commitment to Sagard's credit funds and an alliance with the activist shop Browning West — whose co-founders Usman Nabi and Peter Lee were key allies in the 2024 Gildan proxy contest that sought to reinstate Glenn Chamandy as CEO. The office maintains a lean footprint from its Montreal headquarters at 600 de Maisonneuve West, with additional real assets including the Apes Hill Club in Barbados and residential properties in Westmount and Austin, Quebec. In September 2023, the firm's public posture sharpened when Glenn Chamandy was terminated as Gildan's CEO, triggering a five-month proxy battle in which B.R.K. Capital-aligned Browning West successfully campaigned for his return to the board in March 2024 (per The Globe and Mail, 2024). The episode illustrates how the family office can function as a platform for direct operational influence over the underlying wealth engine. Structurally, B.R.K. Capital blurs the line between passive asset allocator and activist platform. Its capital base derives from an operating business where the founder fought — and temporarily lost — direct control, and its closest investment partners overlap with the governance players in that contest. That interdependence gives the office an unusually active voice in the stewardship of its own wealth origin, a posture most single-family offices cannot replicate.