He will oversee management of a portfolio of nearly $1 billion invested in 400 companies
spanning all of Québec's 17 administrative regions
MONTRÉAL, Dec. 8, 2016 /CNW Telbec/ - Luc Ménard, Chief Operating Officer of Desjardins Business Capital régional et coopératif, announces the appointment of Sylvain Dupuis to the position of Managing Vice-President of the organization's Investments Division. Joining the Desjardins Group entity which manages development capital funds, including Capital régional et coopératif Desjardins, Capital croissance PME and Desjardins-Innovatech SEC six years ago, Mr. Dupuis will be responsible for all Investments impacting the Québec economy, representing nearly $1 billion.
In his new functions, Mr. Dupuis will lead a team of about 40 professionals with a presence across Québec and specializing in company buyouts, development capital, business transfers and supporting the growth and development of cooperatives.
"Sylvain Dupuis has a professional track record spanning more than 30 years, primarily in the service and manufacturing industries," noted Luc Ménard. "His career includes numerous value added achievements within public, private and development-stage companies, both nationally and on the international front."
With a degree in accounting from Université du Québec à Montréal, he is a member of the Ordre des comptables professionnels agréés du Québec and the Ordre des administrateurs agréés du Québec. Mr. Dupuis serves on the boards of directors of several charitable organizations in the Montréal area.
About Desjardins Business Capital régional et coopératif
With capital under management of $1.8 billion, Desjardins Business Capital régional et coopératif, a subsidiary of Desjardins Group, is a development and venture capital fund manager. With its many partners that include the Québec government, CRCD, the Caisse de dépôt et placement du Québec, Desjardins Group and other economic actors in the province, Desjardins Business Capital régional et coopératif invests through its managed funds. With over 40 years of experience in the entrepreneurial market and some 20 business offices supporting over 450 companies, the organization is present in all regions of Québec. More than a financial partnership, it provides companies access to a business network and management expertise to accompany them through their growth and expansion stages and facilitate transfers, buyouts, mergers, acquisitions and initial public offerings.
SOURCE Desjardins Venture Capital
For further information: Information (for journalists only): Richard Lacasse, Desjardins Business Capital régional et coopératif, 418 835-8444 or 1 866 835-8444, ext. 556 3163, [email protected]