The Fonds' board of directors has delegated the responsibility to approve certain investments, up to a specified threshold, to investment committees. Investment projects exceeding this threshold must be submitted for approval to the board of directors, on the recommendation of the relevant investment committee. These committees may only deliberate or make decisions with a majority of independent members present.
Investment Committee - Development Capital
This committee monitors development capital investment projects (industries, aerospace, infrastructure and transportation, entertainment, consumer goods, services, agri-food, and health), as well as projects that are not under the authority of other investment committees.
It approves all investments up to an initial threshold of $35M. For additional investments, the thresholds are set at $50M, $75M, and $100M.
Members
Pierre-Maurice Vachon*, chair
Magali Picard, vice-chair
Denis Bolduc
Sylvie Demers*
Pierre Fortin*
Marcel Gagnon*
Denis Labrèche*
Katia Marquier*
Roger A. Renaud*
Investment Committee - Mining sector
This committee monitors mining sector investment projects (mines, energy, and environment).
It approves all investments up to an initial threshold of $15M. For additional investments, the thresholds are set at $25M, $35M, and $50M.
Members
Pierre-Maurice Vachon*, chair
Dominic Lemieux, vice-chair
Michel Champagne*
Sonia Charette
Denis Landry*
Angelina Mehta*
Christian Pichette*
Jean-Claude Scraire*
Investment Committee - Innovation and venture capital
This committee monitors venture capital investment projects (life sciences, information technology, and telecommunications).
It approves all investments up to an initial threshold of $20M. For additional investments, the thresholds are set at $30M, $40M, and $50M.
Members
Roger A. Renaud*, interim chair
Anouk Collet, vice-chair
Loïc Breton
Jean De Serres*
Chantal Laberge*
Françoise E. Lyon*
Michelle Savoie*
Jacques Simard*