links for 2009-06-11

• 6 Questions: One-on-One with Jacques Bernier, head of Teralys Capital Fund | Innovation | Canadian Business Online
  When Caisse de Dépôt et Placement du Québec announced that it was launching a new venture capital fund — along with the Fonds de Solidarité FTQ, and the Quebec government — people were understandably excited, especially when they found out that Teralys Capital Fund, headed by Jacques Bernier, would be infused with $750 million of capital, making it the largest fund of its kind in Canada.

  In terms of fund of funds the work is typically the same in theory. The difference between all of us isn't much, though we will be in a better position because we're by far the leader in terms of size. But there is a small fund called Montreal Start Up that is interesting. It was created by people in the Internet world, with roughly 20 to 25 angels. They invest in seed rounds for Internet companies. The interesting part is having angels around that have a lot of experience in the Internet world — they're helping companies quite a lot.

  (tags: angel vc Quebec fundoffunds)