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Anges Québec Capital appoints Kalthoum Bouacida

Montreal, January 27, 2016 – The Anges Québec Capital team is pleased to announce that Kalthoum Bouacida has been appointed Vice President of Investment. Ms. Bouacida previously held the position of investment manager starting in March 2015.

Ms. Bouacida’s main duties in this new position will be to support the growth of portfolio companies and to supervise the preparation of investments by the board of directors. Pierre Chadi previously held this position and remains an integral part of the Anges Québec network. Ms. Bouciada will continue Mr. Chadi’s work as she takes over the position.

Ms. Bouacida, has an engineering degree and has been involved in many European Investment Bank venture capital funds and other local development funds. She carried out a number of financial transactions for startups in innovative fields that resulted in 72 market launches. Ms. Bouacida also launched a venture capital fund in Tunisia focused on information and communication technology and has over 20 years experience helping small and medium size companies in various sectors with their venture and investment capital.

According to François Gilbert, President and CEO of Anges Québec and President of Anges Québec Capital, this appointment is a prime example of the kind of succession the organization encourages: “We appointed Kalthoum because of her wealth of experience and commitment. I am confident her professional background and team spirit will be a great asset to all our sponsors and entrepreneurs.”

About Anges Québec Capital

Anges Québec Capital is an investment fund set up to invest alongside the members of Anges Québec. Sponsored mainly by the Government of Quebec, Caisse de dépôt et placement du Québec, and Fonds de solidarité FTQ, the fund supports angels who invest in innovative Quebec businesses in the startup phase. The joint efforts by the angels and fund sponsors result in $125 million made available to entrepreneurs, allowing them to benefit from more substantial financial leverage in order to considerably grow their businesses.

Information

Nathalie Deshaies

Director of Communications, Professional Development, and Communities

Anges Québec

514-714-3624

nathalie.deshaies@angesquebec.com

Media Relations

Marco Parent

514-349-7778

mparent@tactconseil.ca