Frédérick Perrault has been involved in mergers and acquisitions, financing and business management for more than 14 years. Mr. Perrault joined Novacap in January 2009. He was previously in charge of the operations at Europe's Best Inc. where, as Vice-President, he has implemented and optimized the company's infrastructure, having supported a compounded annual growth in excess of 50% and positioned the business as a leader in its sector. Mr. Perrault has also spent several years in investment banking at CIBC World Markets as well as in corporate finance with Ernst & Young as vice-president; there, he had the opportunity to work on and complete several financial transactions, private and public, on behalf of entrepreneurs and large corporations. Mr. Perrault is a chartered accountant. He obtained a Bachelors of Commerce in Finance/Accounting in 1995 as well as a Master of Sciences in Finance in 1997 from les Hautes Études Commerciales of Montreal. Mr. Perrault is also chairman of the board of Cryos Technologies Inc and a member of the board of directors of University Hospital Center Sainte-Justine and President of the Research Committee CHU St-Justine.