The Globe and Mail reports in its Tuesday, Jan. 23, edition that former Gildan Activewear chief executive officer Glenn Chamandy has investments in funds managed by Turtle Creek Asset Management, which is pushing with several other Gildan shareholders to bring him back as CEO. The Globe's Nicolas Van Praet writes that Mr. Chamandy, who is in a battle over who should run the company, has an unspecified sum invested with Turtle Creek, which he confirmed. Mr. Chamandy said the investment in Turtle Creek runs through a family office as well as a private foundation bearing the Chamandy name. He declined to specify the amount, saying he has been fortunate enough to have amassed significant wealth during the course of his career because of Gildan's success. Mr. Chamandy said: "I am not an investor in Turtle Creek itself. However, the team responsible for my asset management and that of the charitable foundation has, over time, allocated varying minor percentages of assets under management to Turtle Creek-managed funds on a strictly passive basis." Turtle Creek is among nine dissident investors holding an estimated 35 per cent of Gildan's stock that have called publicly for Mr. Chamandy's return.