Montreal, October 31, 2011 — Ms. Andrée-Lise Méthot, Founder and Senior partner of Cycle Capital Management (Cycle Capital) Inc., has the pleasure of announcing the arrival of Aline Bélanger, as Chief Financial Officer.
Ms. Bélanger has over 16 years’ experience in accounting and finance at companies including enGlobe, AVESTOR, CAE inc., Bell Canada International, PricewaterhouseCoopers and Ernst & Young. Known for her sharp analysis skills, her experience in guiding financial strategy as well as her strong planning ability, she also achieved success at leading major and extremely complex projects.
“There is no doubt in my mind that Ms. Belanger is exactly the person we need for the Strategic Finance position. Aline’s quality and efficiency combined with her management skills have made her reputation. Having her in my team made me proud” says Methot. A graduate of McGill University, Bélanger received an MBA from Edinburgh University.
In June, Colin Ryan, a mechanical Engineer by training, joined Cycle Capital as Partner. He brought more than 20 years of experience in operational and executive positions in the industrial and clean technology sectors. He joined the executive team of Cansolv Technologies (CTI) and during his tenure he oversaw a fifteenfold increase in revenue and led the company’s expansion into Asian markets, founding Chinese subsidiary in 2004. Cansolv Technologies was eventually acquired by Royal Dutch Shell in 2009. Along the last years, he has been an active angel investor in Canadian and Chinese Cleantech startups.
Recently, Cycle Capital also welcomed Louis Carbonneau as Strategic Advisor. Mr. Carbonneau isa recognized expert in intellectual property with 25 years of a diversified professional US, Canadian and international experience in all facets of intellectual property law and business. He is the former General Manager Intellectual Property & Licensing at Microsoft Corporation where he worked for 15 years. Louis Carbonneau formed his own Seattle law firm, THE POINT LAW GROUP and is also an adjunct professor for the University of Washington’s Graduate Program in Intellectual Property Law & Policy. In addition, he recently founded and is the CEO of Tangible IP, LLC a firm focusing on strategic intellectual property advisory and on patent sales. He also remains a partner at Tynax, the largest patent and technology trading exchange.
About Cycle Capital Management (Cycle Capital)
Cycle Capital is a pioneer among Canadian venture capital funds focused on the cleantech sector. The fund invests in companies developing and commercializing clean technologies and projects in renewable energy generation that are focused on reducing greenhouse gas emissions, optimizing resources use, and decreasing impacts over their entire life cycle. With nearly $125 million under management, Cycle Capital invests primarily in north-eastern North America. The fund has assembled a team of investment professionals, advisors and strategic partners, internationally respected for their combined experience in building, nurturing and growing world-class companies. Cycle Capital benefits from a privileged relationship with its strategic partners including Brookfield Renewable Power, Rio Tinto Alcan, Cascades, The Master Group L.P, Lonza, Gaz Métro and Systemex Energies.
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For more information:
Isabelle Perras, (514) 282-4630, [email protected]