MONTREAL, Nov. 27, 2014 /CNW Telbec/ - Andrée-Lise Méthot, Founder and Managing Partner of Cycle Capital Management (Cycle Capital) is pleased to announce that Amit Srivastava has joined her team as Senior Partner.
With more than 20 years of experience in venture capital, Amit brings to Cycle Capital team a very rich experience in international business development. Until recently, Amit served as Managing Partner and CEO of Entrepia Ventures. Prior to joining Entrepia in 2001, he worked for seven years at JP Morgan Chase, including four years at JP Morgan Partners (formerly Chase Capital Partners), where his responsibilities included leading venture capital investments in the electronics sector, oversight of private equity investments in India, and serving as the Portfolio Manager of a private equity portfolio of over 700 investments in the United States, Europe, Latin America and Asia, with an aggregate carried value exceeding $10 billion. He led or was a major investment team member in 17 deals where he invested a total of $114.5 million. Before he worked at JP Morgan Chase, he was a Principal for five years at Mercer Management Consulting, where he advised major global IT and communications companies on strategy, business development and operational effectiveness. Earlier in his career, he held marketing and engineering management positions during five years at Texas Instruments.
It is with pride that Cycle Capital welcomes Amit Srivastava among its team members. "To have had the privilege to work with Amit in recent years, I realize very well that he will add great value to Cycle Capital's portfolios companies who will benefit most certainly from his knowledge of business development in foreign markets", said Andrée-Lise Méthot. Amit Srivastava holds a Bachelor's degree in Electrical Engineering from the Indian Institute of Technology, Kanpur, India, and a Master's degree in Electrical Engineering from the Rensselaer Polytechnic Institute, Troy, New York, and an MBA from the Wharton School of the University of Pennsylvania.
About Cycle Capital Management
A pioneer among Canadian venture capital funds focused on the clean-tech sector, Cycle Capital invests in companies developing and commercializing clean technologies and striving to reduce greenhouse gas emissions, optimizing resource use, and improving process efficiency throughout a product's life cycle.
With assets under management of $230 million, Cycle Capital invests in Quebec and northeastern North America. Cycle Capital is composed of experienced investment professionals, strategic advisors, and industrial partners with in-depth knowledge of the sector. Cycle Capital has a special relationship with its strategic partners, notably Brookfield Renewable Energy, Rio Tinto Alcan, Cascades, Master Group, Lonza, Gaz Métro, Systemex Énergies, Aluminerie Alouette, and Hydro-Québec.
SOURCE: Cycle Capital Management
For further information: Andrée-Lise Méthot, 514 865-3620, [email protected]