Who we are

Teralys Capital is a technology-focused fund of funds financing private venture capital funds that invest in information technology, life sciences and cleantech companies. The fund has over $700 million in capital commitments from Caisse de dépôt et placement du Québec, the Solidarity Fund QFL and Investissement Québec. Teralys Capital is also managing two existing portfolios of venture capital funds with additional assets under management of over $600 million. It is currently the largest fund of funds in Canada.

What We Do

Teralys Capital is committed to leading the Canadian technology venture capital industry towards a stronger future. With innovative strategies backed by a visionary management team, top tier partners and a fresh perspective, we understand how to invest efficiently in order to generate long lasting value and strong returns.

Teralys Capital invests principally in Québec and Canadian information technology, life sciences, and cleantech funds. Our partner funds cover the entire investment spectrum from early stage start-ups to expansion, growth and technology buy-outs. We also invest internationally, not only to benefit from favorable returns from established markets abroad, but also to support our leading technology funds and entrepreneurs here at home by extending their international reach and bringing back best practices from around the globe.

Furthermore, we are actively engaged in bolstering our already favorable environment for smart and profitable Canadian technology initiatives and further anchor our vibrant technology eco-system in the world economy.

Together with our primary partner funds and investors, Teralys Capital aims to bring strong, innovative Canadian technology companies to the forefront.

 

Why Are We Doing This?

  • We are passionate about supporting and encouraging outstanding Canadian technology entrepreneurs with powerful, game changing ideas.
  • We strongly believe that the timing is right to lead the Canadian venture capital industry towards a bright future with innovative strategies and a fresh perspective.
  • We are proactive and committed to generate positive, long term returns for our investors and build a solid investment firm.

Where We Invest

Geography

Teralys Capital invests in technology-focused funds with 75% allocated across Canada, 50% of which will be invested in Québec, and 25% internationally.

  • Que
  • Canada
  • International

Sector

Our sector allocation corresponds to the industry mix with approximately 50% in information technology funds, 35% in life sciences and 15% in cleantech and other technologies.

  • Information Technology
  • Life Sciences
  • Cleantech
 

Stage

We intend to cover the entire investment spectrum with approximately 70% of our capital targeting early stage funds and the remaining 30% in growth, expansion and technology buyout funds.

  • Venture Capital
  • Growth & Buyout

Type

Over 90% of our funds will be direct investments, and up to 10% will be secondary.

  • Direct fund investments
  • Secondary transactions

Meet Our Team

Jacques Bernier, Eng., B. Sc.
Managing Partner
jbernier@teralyscapital.com

Jacques is a highly respected venture capitalist, entrepreneur and investor who’s helped shape the Canadian technological innovation scene. Through a 30 year career of contributions to the high-tech community, he has been actively involved in more than a dozen emerging high-tech companies as Founder/CEO or angel investor as well as Senior Vice-President of the Solidarity Fund QFL.  Jacques’ widely valued wisdom and experiences continue to define, develop and implement a new approach to venture capital in Québec and abroad.

Éric Legault, MBA
Managing Partner
elegault@teralyscapital.com

Éric is a senior investment executive with over 15 years in the financing, strategic planning and structuring of high technology and new media opportunities. Prior to the creation of Teralys Capital, Éric was responsible for the venture capital program of the Caisse de dépôt et placements du Québec as a direct and fund investor. His hands-on experience, straightforward approach and creative problem solving skills make him a key ally in supporting partner funds and entrepreneurs with solid advice, original strategies and new approaches to challenges.

Luc Couture, CA, CF
Partner
lcouture@teralyscapital.com

For more than 20 years, Luc has built a solid track record in the financing, evaluation and management of technology and telecom companies. Luc’s professional integrity, clear vision and creative thinking have repeatedly proven invaluable in the resolution of complex problems and analysis of opportunities. As a Senior Investment Advisor at the Solidarity Fund QFL, Luc’s developed a respected reputation as a valuable advisor in numerous M&A and financing transactions that will be key to Teralys Capital’s efficiency and returns-focused portfolio management.

Jean-David Saint-Martin
Associate
jdstmartin@
teralyscapital.com

Jean-David has a B.Com. from the University of Ottawa, an M.Sc. in Accounting & Finance from the London School of Economics and is a CFA level III candidate. Prior to joining Teralys Capital, he worked for GE Capital Equity in London, for the fund of funds and direct investments program in venture/growth capital and mid-market buyouts. His academic and professional background will be instrumental in managing existing portfolio exposures and performing due diligence for new fund investments.

 

Guillaume Jacquet
Associate
gjacquet@teralyscapital.com

Guillaume graduated with a Master in Finance at the University of Paris Dauphine and a M.Sc. in Accounting & Finance at the London School of Economics. After a first experience in the International Management Accounting department of EADS Group, he joined Grant Thornton Corporate Finance in Paris, where he worked as a Mergers & Acquisitions Analyst for small and mid-caps transactions. Guillaume's multicultural academic and professional background will serve as an asset in implementing Teralys Capital strategy on both existing portfolio and new investments.

Julie Prévost, CA
Director of Finance
jprevost@teralyscapital.com

Julie has over 14 years experience in the accounting field and her extensive audit experience in a broad range of industries is the basis of her strong monitoring and analytical skills.  Julie is known for being pro-active and organized, which provides Teralys Capital with a structured backbone for our innovative processes and initiatives.  Julie is a Chartered Accountant, she holds a Bachelor of Commerce from McGill University and a Graduate Diploma in Accountancy from Concordia University.

Cédric Bisson
Venture Partner
cbisson@teralyscapital.com

Cédric obtained an M.D. Degree from McGill University and a J.D. (law) degree from Université de Montréal. Before joining Teralys Capital, Cédric headed the healthcare activities at iNovia Capital, where he focused on building and investing in clinically meaningful opportunities in biopharmaceuticals, medical devices and related areas. Previously, he was associate principal at McKinsey & Company, a large international management consulting firm. His deep expertise in life sciences will contribute in executing Teralys's strategy in this sector.