The journey leading to Durum Capital Inc. began in 1999 when Jay Simmons found his passion for investing in projects and companies that require hands on management in conjunction with financial restructuring or patient capital. This passion evolved and formed the basis for
Simmons Financial Holdings Corporation (SFHC).
In building the family holding company, Jay Simmons recognized the need to attract the right people to effectively manage the large personal investments he made in a portfolio of businesses. In 2007, he was joined by Judy Quan (formerly Rattanavong). Together, they have evaluated a number of investment opportunities and have continued to take an active management role. Significant team growth has been experienced to form what is now Durum Capital Inc. – the operating management firm under the Simmons umbrella.