MONTREAL, Dec. 17, 2012 /CNW Telbec/ - Andrée-Lise Méthot, Founder and
Managing Partner of Cycle Capital Management (Cycle Capital) is pleased
to announce that Claude Vachet has joined her team as Managing Partner.
Claude Vachet has over 22 years of experience in operations in Venture
Capital and in fund management. Having managed numerous investments and
exits during his career, Claude has a solid track record. He has, among
others, been part of successful teams at both Kirchner and Multiple
Capital. He has also worked at Innovatech Montreal as Vice President
Information Technology and Communication. In this capacity, he was
responsible for 44 start-up companies and 5 Venture Capital Funds. From
April 2004 to March 2005, he participated in the sale of Innovatech
Montreal's portfolio, the second largest transaction in a Venture
Capital portfolio in Canada with its 15 funds and 108 companies.
"I am very happy and very proud to welcome Claude to Cycle Capital's
team. I am confident that he will perform perfectly in his assigned
responsibilities. The team members are already benefiting from his
experience, professionalism and enthusiasm", said Ms. Andrée-Lise
Méthot. Claude graduated from the École Polytechnique in Chemical
Engineering and holds an MBA from HEC Montreal.
About Cycle Capital Management (CCM) Inc.
Cycle Capital is a pioneer among Canadian venture capital funds focused
on the cleantech sector. The fund invests in companies developing and
commercializing clean technologies and projects in renewable energy
generation that are focused on reducing greenhouse gas emissions,
optimizing resources use, and decreasing impacts over their entire life
With nearly $125 million under management, Cycle Capital invests
primarily in Northeastern North America. The fund has assembled a team
of investment professionals, advisors and strategic partners,
internationally respected for their combined experience in building,
nurturing and growing world-class companies. Cycle Capital benefits
from a privileged relationship with its strategic partners including
Brookfield Renewable Power, Rio Tinto Alcan, Cascades, The Master Group
L.P, Lonza, Gaz Métro, Systemex Energies and the Centre d'excellence en
efficacité énergétique C3E.
SOURCE: Cycle Capital Management
For further information:
Andrée-Lise Méthot, 514 495-1022, firstname.lastname@example.org