Walter Capital Management is an asset management firm offering a full array of investment strategies, including public market investments through the Walter Public Investments team, private equities through two specialized teams, Walter Capital Partners and Walter Global Asset Management (WGAM), as well as an array of alternative investment solutions through its network of affiliates (WGAM’s Affiliates). 

Our seasoned investment management teams carry a keen business acumen and leading-edge financial expertise to perform a thorough fundamental analysis for each investment to ensure they align perfectly with our vision. Our financial experts possess the hands-on experience to go beyond market analysis and we have the patient capital to support value creation in the long term.

We believe that innovation is at the core of our approach to investing capital.

 

Our
values

  • WE PUT PEOPLE FIRST

    We bring passion to everything we do and have fun along the way

  • WE ARE BUILDERS

    We add real value in all we do

  • WE BUILD MEANINGFUL RELATIONSHIPS

    Because our partnerships are based on trust, integrity, respect and fairness

  • WE ARE PATIENT

    This lays at the heart of our long-term view

Our people

Pierre Somers is Chairman and Chief Executive Officer of the Walter Group headquartered in Montreal, Canada. The Walter Group is mainly active in the financial sector, especially through the operations of Walter Financial, a prominent investment firm and keystone of the Group. The firm itself comprises two private equity firms: Walter Capital Partners and Walter Global Asset Management.

For over 30 years, Pierre Somers helmed the Walter Group’s founding company, Walter Surface Technologies, which was founded by his father in 1952 and owned by the Group until 2018. As head of the company, he was the driver behind its expansion to international markets. Walter Surface Technologies now operates in nine countries across the Americas and Europe. He also innovated with the creation of the Bio-Circle division, which offers environmentally safe solutions for industrial cleaning applications through bioremediation. On the financial side of the Group’s operations, he contributed to the establishment of Walter Financial as a credible investment firm within the financial community. More recently, Pierre Somers initiated the creation of Walter Capital Partners, a private equity firm dedicated to supporting small- and medium-sized companies, as well as Walter Global Asset Management, a North American private equity platform focused on asset management.

Before taking the lead at Walter Group, Mr. Somers held various positions within Walter Surface Technologies in Canada and the U.S., where he garnered in-depth knowledge of various sectors of the company, on his way to becoming Chairman & CEO. At the beginning of his career, he worked as a mechanical engineer at Metabo AG, in Germany.

Pierre Somers holds a B.Sc. in Mechanical Engineering from Clarkson University, in Potsdam, NY, which he obtained in 1976. In 2005, he was appointed Alumni of the YPO/MBA program at the Harvard Business School, an institution he has been active with for over 20 years. He is fluent in English, French and German.

Mr. Somers is a strong supporter of education. He has been honorary president for numerous fundraising campaigns held by organizations such as Madeli-Aide and the ITHQ (Institut de tourisme et d’hôtellerie du Québec), from which he has received an honoris causa degree. Through the Walter J. Somers Foundation, he supports the HEC Montréal Walter J. Somers Foundation Centre for Productivity and Prosperity, where he sits on the steering committee. Mr. Somers is a founding member of the Business Families Foundation, and is a member of the Presidents Club of the Montreal Museum of Fine Arts, the World Presidents Organization and the CEO Organization.

Isabelle Somers joined the Walter Group in 2016, where she leads the development of Walter Ventures, the Group’s European early-stage investment platform focused on Enterprise Software companies. In addition, she is Managing Partner and Chair of the Walter Group, and member of the Walter GAM board and the investment committee of Walter Capital Partners.

When joining the Walter Group, she oversaw the restructuring and majority sale of Walter Surface Technologies, the family’s industrial business. Before that, she worked in Group Strategy at Bombardier Transportation in Berlin, Germany, where she developed PRIMOVE pure electric bus business models and market entry strategies. She later joined the Corporate Audit Service and Risk Assessment department of Bombardier Inc., where she assessed operational and financial risks within its Transportation operations and delivered onsite risk mitigation roadmaps to senior management teams in 12 different countries.

Isabelle studied Visual Arts, followed by a Bachelor of Commerce majoring in Finance at JMSB Concordia University, in Montreal. In 2016, she completed her MBA at IESE Business School in Barcelona, Spain, during which she worked in a smart wearable technology start-up focused on non-medical maternity devices.
Passionate about innovation, technology, art, food, health, and wellness, and supporting early years education, environmental and agricultural sustainability.

A favorite quote: “Be the change that you wish to see in the world.” – Mahatma Gandhi

Alexandre Somers has helped develop new restaurant projects, including real estate transactions, since 2016. For the Walter Group, Mr. Somers has drawn from 15 years of culinary experience to launch a new line of business: Walter Hospitality. During this time, he has also consulted on food production and served as a private chef.

Across two continents, Mr. Somers rose through the ranks in many celebrated establishments. He perfected his culinary art at, most notably, the restaurants Leméac and Maison Boulud in Montréal and at Alain Ducasse au Plaza Athénée in Paris and L’Oustau de Baumanière in Provence – two Michelin star-rated restaurants in France.

Mr. Somers holds a diploma of vocational studies in culinary arts from the Institut de tourisme et d’hôtellerie du Québec (ITHQ). He also completed the restaurateur program at the École supérieure de cuisine française Grégoire-Ferrandi in Paris. Before he donned his chef’s whites, he studied architecture at Carleton University and commerce at HEC Montréal.

Mr. Somers is actively involved in the community and local charitable endeavours, including the first editions of Les Grands Chefs Relais & Châteaux, a benefit dinner for the Fondation ITHQ.

Pierina Maximiliano joined Walter Capital Management in 2024 as a Senior HR Advisor, where she provides support to the different business units in all the processes related to human resources, such as recruitment and payroll.

Ms. Maximiliano has more than 6 years of experience as an HR Generalist, mainly in small and medium-sized businesses, which allowed her to acquire a diverse work experience in human resources.

Pierina holds a bachelor’s degree in industrial relations from the University of Montreal, as well as a microprogram of second cycle in people management in the workplace from the University of Quebec in Rimouski. She is also a CRIA member since October 2018. Moreover, Pierina is involved in the community, among other things, with organizations such as Make-A-Wish Quebec and the Carrefour Hochelaga-Maisonneuve.

Mathieu Bernier is the Managing Director & Lead Portfolio Manager at Walter Public Investments (WPI). After joining Walter Group in 2016 as Senior Investment Officer, he was later appointed Portfolio Manager and Head of Research at Walter Group in 2018. In his current role, Mr. Bernier is the lead portfolio manager for the firm’s public equity strategy offered to outside investors and was a key actor behind the creation of WPI. Given his history with the firm, he remains a strategic advisor to the Walter Group and all its investment divisions.

An engineer by training, Mr. Bernier started his career in finance in 2011 in the Investment Banking group of TD Securities and later joined CN Railway’s employee pension fund as a financial analyst on the Canadian Equities team. Mr. Bernier held several positions at CN over five years where he was responsible for large portfolio investments in industrial, energy and utility companies.

Before working in finance, Mr. Bernier held highly technical roles at various industrial organizations. While at Dominion Engineering Inc. (DEI), a US-based consultancy, he helped develop and commercialize Ultrasonic Fuel Cleaning technology at eleven nuclear power plants globally. Prior to DEI, he conducted research at MIT’s Gas Turbine Lab where he participated in the design of micro-rockets for NASA and DARPA. Mr. Bernier began his engineering career at Pratt & Whitney Canada, where he worked on the performance and testing of regional aircraft engines.

Mr. Bernier holds a Bachelor of Mechanical Engineering and an MBA from McGill University in Montréal, and a Master of Science in Mechanical Engineering from the Massachusetts Institute of Technology (MIT) in Boston. Mr. Bernier is a member of the American Society of Mechanical Engineers (ASME) and a CFA charterholder.

Emilie Biron-Esbérard has been a part of Walter Group’s finance team since 2017. She began as Corporate Accountant before being promoted to Director, Finance and Administration in 2020. She now holds the position of Director, Financial and Corporate Projects at Walter Capital Management. Ms. Biron-Esbérard is responsible for the implementation and maintenance of software systems as well as for the process of external investor onboarding. She provides structural support on all business projects and serves as the primary liaison between the Group’s business units and its accounting/reporting functions.

Before joining the Walter Group, Ms. Biron-Esbérard served as an accounting technician and administrative coordinator at Physiothérapie Universelle for seven years, where she oversaw the full accounting cycle and handled multi-company accounting. She also prepared and analyzed financial statements and budgets, in addition to managing sales, IT services and repairs and the planning of company events.

Ms. Biron-Esbérard holds a Diploma of Vocational Studies (DEP) from the École des métiers de l’informatique, du commerce et de l’administration (EMICA) and is currently working toward a Bachelor of Business Administration, Accounting from HEC Montréal.

Stephanie Pellerin joined Walter Capital Management in 2021 as Chief Operating Officer to oversee the firm’s operations as well as information technology and administration. She brings to the team over 20 years of experience in dynamic and continuously changing work environments—experience that she can use to help grow Walter Capital Management and the other investment units.

Ms. Pellerin previously worked at the National Bank of Canada as a Senior Manager, where she managed critical IT assets for the financial markets sector and served as a transformation leader. Furthermore, she was involved in strategic workforce planning for the financial market sector. She excelled in this role at rallying teams behind the recommendations required for continuous improvement. Prior to this, she spent over 13 years in consulting as a Senior Manager at Deloitte with the Strategy and Operations group, focusing on finance function transformation. She began her career in finance at Bombardier Aerospace and Bombardier Inc., where she held a variety of positions, including Transfer Pricing Analyst, Corporate Auditor and Financial Analyst.

She graduated from the Université de Sherbrooke, where she received a Bachelor of Business Administration and a Management Information System certificate. She is a CPA, CMA, holds the Project Management Professional (PMP) designation from the Project Management Institute, and is “Scaled Agile” certified. For several years now, she has also volunteered with the Junior Chamber of commerce of Montreal and Polytechnique Montréal, mentoring the next generation of business leaders.

Sylvain Brosseau has served as Chief Executive Officer and Founding Partner of Walter Global Asset Management since the company was founded in 2018. His proven expertise in generating growth allows him to support independent asset management firms in reaching new heights.

Mr. Brosseau has over 25 years of experience in the investment management industry, including his tenure as Global President and Chief Operating Officer of Fiera Capital from 2003 to 2017. Under his leadership, the company grew its assets under management from $5 billion to $120 billion and its market capitalization from $20 million to over $1 billion. He also spearheaded the firm’s international expansion, overseeing more than 15 acquisitions across Canada, the United States and Europe and the opening of new offices throughout North America and Europe.

Before joining Fiera Capital, Mr. Brosseau served as Executive Vice-President, Institutional Markets at TAL Global Asset Management Inc. and as Executive Vice-President at TAL International, where he oversaw worldwide distribution and operations. His experience also includes terms as Vice-President of Marketing and Vice-President of Technology and Operations at Talvest Mutual Funds.

Mr. Brosseau is a current member of the board of directors for several organizations, including Equisoft and many of WGAM’s underlying portfolio partners. He has also sat on the board for numerous other organizations in the past, such as Caisse de dépôt et placement du Québec, Fiera Capital Corporation, Centria Commerce, Fiera Properties, Bel Air Investment Advisors, Charlemagne Capital, Fiera-Axium Infrastructure and Fundserv.

He graduated with a Bachelor of Science (Magna Cum Laude) from the University of Vermont and a Master of Science from McGill University. A member of YPO, he also regularly participates in numerous fundraising campaigns in support of Montréal charities.

Frank Vitale is the Chief Financial Officer and Secretary Treasurer for the Walter Group. In this capacity, Mr. Vitale is responsible for the development, growth and strategic direction of all international finance, taxation, reporting and treasury-related matters of the Group and its businesses.

Mr. Vitale launched his career in the accounting and audit field. After seven years, he transitioned to privately held companies, where he occupied progressively senior positions. He acquired a strong financial and operational background in the apparel industry, first as a corporate controller at Baltex Swimwear in Montreal in 1997, and then in the role of Vice President, Finance and Operations of the Corwik Apparel Group. He joined the Walter Group in 2009 as Vice President, Finance of Walter Surface Technologies and transitioned in 2014 to his current role as Chief Financial Officer for all of the organization’s business units, which include Walter Capital Management, Walter Capital Partners and Walter Global Asset Management.

Mr. Vitale studied in Montreal where he completed a Finance and Accounting Bachelor’s Diploma from Concordia University and subsequently completed the intensive Chartered Accountancy Program at McGill University. He successfully completed the Canadian Institute for Chartered Accountants exam in 1989 to obtain his CA designation.

Mojgan Hamidia joined Walter Capital Management as an Accounting Technician in 2023. In this position, she is responsible for all monthly accounting processes, including bank reconciliations, maintenance of the asset management business activities as well as preparation and coordination of regulatory filings. She also takes part in the monthly, quarterly, and annual financial statement processes.

Ms. Hamidia started her career as a bookkeeper at Luxottica Co. for 7 years. She then held the same position at Vanguard Logistics Inc. for Canada and USA accounts. She managed accounts, financial statements, tax remittances, and reconciliations, and aided in audits.

Her educational background includes a Food Science and Technology Engineering degree from Azad University of Iran, an Accountancy certificate from Industrial Management College (Iran), a DEP in Accounting from College PACC (Montreal), and a PMP certificate from College LaSalle (Montreal).

René Fournier is the Managing Director and Chief Investment Officer of Walter Capital Management. In this role, Mr. Fournier leads the executive team and is responsible for the company’s investment strategies, including asset allocation. He is also a member of the Board of Walter Global Asset Management and Walter Capital Partners in addition to being the Head of its Investment Committee. Furthermore, Mr. Fournier is a member of the Board of Directors of several portfolio companies.

Before joining Walter Capital Management, Mr. Fournier was responsible for the Canadian equities and corporate bonds team at a large Canadian pension fund. His responsibilities included leading the team of analysts in addition to leading the research strategy. Earlier, he worked at EDC as a director of structured project finance and as a project manager at J.D. Irving.

Mr. Fournier received an MBA from McGill University. He holds a CFA title and a professional engineer title in addition to a bachelor’s degree in Engineering from Moncton University.

Marie Noelle Gunnacao joined the Walter Capital Management as an accounting technician in 2021. In this position, she is responsible for all monthly accounting processes, including bank reconciliations, maintenance of the Group’s portfolio as well as preparation and coordination of regulatory filings. She also takes part in the monthly, quarterly and annual financial statement processes.

Ms. Gunnacao has five years of experience in accounting, mainly in the retail industry. She has worked for Ardene, Groupe Dynamite and Lacoste Canada Inc., where she was heavily involved in all aspects of the accounting cycles.

Ms. Gunnacao graduated from Dawson College with a collegial degree in accounting and business management.

Ophélie Bonifas joined Walter Capital Management in 2021, first as Administrative Officer and then as Administrative Coordinator. In her role, she assists the various teams, in addition to putting her organizational and communication skills to good use by ensuring the administrative management of the office.

Since her arrival in Quebec, Ms. Bonifas has held similar positions in various fields such as optometry and new technologies. In the various roles she has held, she has been able to demonstrate her skills in project management, event planning, process improvement and also quality control system.

Fluent in French, English and Spanish, Ms. Bonifas also holds a bachelor’s degree in human sciences and a master’s degree in archaeology from the University of Toulouse II le Mirail, France.

Éric Phaneuf has been a Managing Partner with Walter Capital Partners since it was founded in 2015, before becoming its President and Chief Executive Officer in 2019. His professional experience includes significant career achievements in financial and operational executive management positions, mainly with North American publicly traded companies active in international markets, including Cascades, MediaGrif and Mega Brands. Mr. Phaneuf has taken on various roles, including the development and execution of the business and operational plans of a $200-million U.S. business. Before joining Walter Capital Partners, he expertly led the turnaround of a packaging company based in Ontario. He was also a key player in the successful completion of multiple funding rounds that raised over $750 million. He has an extensive background in financial planning, mergers and acquisitions, due diligence, business integration, business process improvement and contract negotiations. Backed by a proven track record as a well-rounded leader, he applies his financial acumen and thorough knowledge of operations to provide support and guidance to expansion-minded entrepreneurs.

Mr. Phaneuf holds a degree in business administration, with a major in finance, from the Université de Sherbrooke, along with the title of Chartered Financial Analyst (CFA). He serves on the Board of Directors for several private and public companies, as well as Fondation Montréal inc., a non-profit organization supporting the development of entrepreneurs in the Greater Montréal Area.

Martin Dufresne joined Walter Global Asset Management in 2019 as President and Managing Partner. An outstanding manager with extensive experience in finance, he leverages his expertise to grow the firm’s portfolios and asset management companies.

An early stakeholder in Fiera Capital, Mr. Dufresne spent more than 16 years there in senior management positions. He was responsible for nearly $75 billion in assets under management as Executive Vice-President and Head of Institutional Markets. Prior to this appointment, he served as Vice-President and Senior Portfolio Manager, Small Cap Equities as well as Senior Vice-President and General Manager, Quebec, Institutional Markets. Before joining Fiera, Mr. Dufresne was an analyst for a number of major Canadian portfolio management companies.

Mr. Dufresne earned a master’s degree in finance from the Université de Sherbrooke, as well as a bachelor’s degree in business administration from HEC Montréal (majoring in finance and economics). He is also a Chartered Financial Analyst (CFA).

Mr. Dufresne serves on the board of directors of LFIS Capital, Umalia, a firm that inspires and enables businesses to create a more sustainable world, and Educaid, an organization that rewards student perseverance in school, and is a past board member of Fiera Private Lending.

Megan joined Walter Capital Management in 2024 as an administrative assistant. In her role, she is responsible for the reception and administrative support for the different units.

Previously, Megan held the position of administrative officer at the Montreal Cardiology Institute, where she developed her organizational and communication skills, which she now applies at Walter Capital Management.

Balancing between university and the professional world, Megan is currently pursuing distance studies in human resources management at Teluq University. Her background also includes a certificate in operational excellence from ESSEC Business School in France.