The Fonds has invested $1.6 billion since 1989 to support Québec’s life sciences industry
Montréal, March 2, 2021 - Janie Béïque, Executive Vice-President, Investments, at the Fonds de solidarité FTQ, and Alain Denis, Senior Vice-President, Investments, are pleased to announce the appointment of Geneviève Guertin as Vice-President, Investments, Life Sciences. Ms. Guertin takes over from Didier Leconte, who was appointed Vice-President, Investments, Technologies and Funds Management.
“For the Fonds de solidarité FTQ, investing for a better society means backing the development of new medications that improve patient quality of life. That’s why we’ve invested $1.6 billion since 1989 to support Québec’s life sciences sector. We’re pleased to count on Geneviève’s expertise and experience to continue backing this key sector of our economy,” said Mr. Denis.
Holder of a bachelor’s degree in business administration, economics and finance options, and a master’s degree in management science, finance option, from École des HEC, Geneviève joined the Fonds in 2012 as Senior Investment Advisor and Director, Investments, in the Life Sciences team. For the past two years, she has been coordinator within the same team.
“This pandemic reminds us of the importance of supporting the work of Québec scientists. I am therefore excited to take on this new challenge. Thanks to a team of dedicated professionals, the Fonds intends to remain an active financial partner of the Québec life sciences sector,” said Geneviève Guertin.
Today, the Fonds’ dedicated life sciences team has eight members, including a Scientific Investment Director. The team invests directly in life sciences companies as well as in life sciences investment funds.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ invests to build a better society by channelling the savings of its 700,000 shareholders into development and risk capital investments to help Québec transition to a green economy, to a human-centred world of work, and to a healthier society. The Fonds offers businesses unsecured financing and strategic support. With $15.6 billion in net assets as at November 30, 2020, the Fonds has supported more than 3,300 partner companies and over 220,000 jobs. To learn more, visit fondsftq.com.
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