see all
  • Les Fermes Lufa A living economy 1:00
  • AJW Technique A living economy 1:00
  • Scandinave Spa A living economy 1:00

Press releases

September 16, 2019

Licaplast Industries, a Charter Oak Equity and Fonds de solidarité FTQ Portfolio Company, Acquires M’Plast Inc.

Licaplast Industries – Emballages Inc. (“Licaplast”), a portfolio company of Charter Oak Equity, LP (“Charter Oak”) and Fonds de solidarité FTQ, is pleased to announce the acquisition of M’Plast Inc. (“M’Plast”). Montreal-based M’Plast, founded by Roger A. Damdjee in 1988, specializes in the manufacturing, impression and transformation of polyethylene film into bags or U-Film for a range of end markets, including horticulture, agriculture and industrial uses. M’Plast’s capabilities include recyclable and degradable plastic solutions.

September 4, 2019

Repare Therapeutics Announces US$82.5 Million Series B Financing

Repare Therapeutics, a precision oncology company targeting specific vulnerabilities of tumors in genetically defined patient populations, announced today the completion of a US$82.5 million Series B financing. Cowen Healthcare Investments led the financing and was joined by new investors OrbiMed, Redmile, BVF Partners L.P. and Logos Capital. Founding investor Versant Ventures and existing investors MPM Capital, Fonds de solidarité FTQ, and BDC Capital all participated.

January 5, 2019

Fonds de solidarité FTQ Posts 12-Month Return of 5.8%

In the first six months of its 2017-2018 financial year, the Fonds de solidarité FTQ posted comprehensive income (profit) of $314 million for the benefit of its 667,000 savers. Share value is now $41.61, for a shareholder return of 2.2% for the six-month period ended November 30, 2018, and a 12-month return of 5.8%. Net assets grew to $14.8 billion.

Created in 1983, the Fonds de solidarité FTQ is a development capital fund that calls upon the solidarity and savings of Quebecers to help fulfill its mission to contribute to Québec's economic growth by creating and protecting jobs through investments primarily in small and medium-sized businesses in all spheres of activity.

The Fonds also seeks to encourage Quebecers to save for retirement and to offer its over half a million shareholders-savers a reasonable return over and above the outstanding tax benefits they receive for purchasing Fonds shares. A leading purveyor of unsecured risk capital (growth and venture capital), the Fonds continues to drive our economy.

Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus, from a local representative or at the offices of the Fonds de solidarité FTQ. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.