Since July 1st 2009, Mr. Bernier is Managing Partner and Founder of Teralys Capital, a fund of funds whose limited partners are Quebec Governement, Caisse de Depott et de Placement and Solidarity Fund QFL. With the Solidarity Fund QFL since 2004, Jacques Bernier has been Senior Vice-President, Information Technologies, Telecommunications and Industrial Innovations until May 31st 2008 and has act as the gatekeeper for the fund of funds activity. An engineering graduate from Ecole polytechnique in 1979, Mr. Bernier is behind the creation of the Industrial Innovation Center of Montreal. He was also co-founder and CEO of BGH Planning, a software developer, and co-founder and Vice-President of OMVPE Technologies, a manufacturer of semi-conductors. Mr. Bernier helped found Teleport de Montreal, a Quebec beacon in the telecommunications sector, and served as its President from 1987 to 2002. Before joining the Solidarity Fund QFL, he was President of Megapoint, a holding company in the high-tech sector, and Chairman of the Board of LxSix Photonics, a leader in new production processes in fibre-optic communications and optical sensors. Over the past 29 years, Mr. Bernier has demonstrated his expertise-both in Canada and the U.S.-in launching businesses, financial engineering, business development, growing investments, scouting for new markets and defining innovative business strategies. Mr. Bernier is also a member of the Board of Director and executive committee of the CVCA.