Golden Venture Partners Fund II

Information Venture Partners Fund II

Avrio Ventures III

Genesys Ventures III

Georgian Partners Growth Fund II

Georgian Partners Growth Fund III

iNovia Investment Fund 2015XP

V W

ater

Fund

II

Version One Ventures Fund II

Vers

ion O

ne V

entu

res

Fund

II

Relay V

entur

es F

und

III

Vanedge Capital II

Whitecap III

Novacap TMT IV

OpenText Enterprise Apps Fund

Persistence Capital Partners II

Real Investment Fund III

CTI Lif

e Scie

nces

Fund

II

Lumira Capital II

Federal Income Tax

Corporate Tax

CapitalGains

$50MHigh-Performing

VC Funds

ADMINISTRATOR

McRock iNFund $8M $62M $1.00 $8.06

Canadian Venture Capital

$125

M

$100

M

$125M

$100M

$200M

$1.00 $2.00

Other FOF

$388M $112M

Fund of Funds (FOFs)

VCAP:

$3.34Braised by

20 Canadian VCs

$604M is from the FOFs,

which includes

$369Mfrom the Government

$1.00 $7.47

$250

M

$206

M

$250M

Legend:

Government Funding

Private Capital