Investment Inventory List PRIVATE EQUITY AS AT MARCH 31, 2020 (UNAUDITED)
British Columbia Investment Management Corporation 1 BCI’S INVESTMENT INVENTORY 1
About BCI
BCI is the leading provider of investment management BCI is bound by obligations of confidentiality to many services to British Columbia’s public sector. Our role is to parties, including its clients, and does not disclose generate investment returns that will enable our clients commercially sensitive information. All values in the to meet their future funding obligations. Employing a investment inventory are unaudited. global outlook, we seek investment opportunities that will This inventory reflects the investments managed by each meet our clients’ risk and return requirements over time. asset class. Our investment inventory provides an overview of the holdings within BCI’s investment portfolio as at March 31, 2020. BCI’S INVESTMENT INVENTORY 2
BHC
Private Equity BCI provides long-term private capital to companies with strong fundamentals and experienced management. Our activities are driven by our sector focus — investing globally in the industrial, healthcare, financial and business services, technology, and consumer sectors. Private Equity represents 10.4 per cent of managed assets.
PRIVATE EQUITY INVESTMENTS* As at March 31, 2020 (unaudited)
DIRECT & CO-INVESTMENTS
AHT COOLING SYSTEMS GMBH
ALLIED SA
BHC
BLUE COAT SYSTEMS
BMS GROUP LIMITED
CÉRÉLIA GROUP
CLEARMACRO LIMITED
CLICKSOFTWARE TECHNOLOGIES
CPA GLOBAL
* These investments may be held through one or more intermediary entities. 3 BCI’S INVESTMENT INVENTORY 3
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
DIRECT & CO-INVESTMENTS
DOOSAN MACHINE TOOLS BG
D-WAVE SYSTEMS INC
ELLUCIAN INC
EMDEON INC
EVOQUA WATER TECHNOLOGIES CORP
GREENHEART GAS LLC
GRUPPO COIN S.P.A.
HAYFIN CAPITAL HOLDINGS LIMITED
HAYFIN EMERALD LP
HAYFIN SAPPHIRE LP
IMMUCOR INC
IMS HEALTH
INGHAM ENTERPRISES PTY LIMITED
INTERNATIONAL AUTOMOTIVE COMPONENTS
MCGRAW-HILL EDUCATION
MEDICAL PARK
MITEL
NAVITAS LIMITED
NIIT TECHNOLOGIES
OBERTHUR TECHNOLOGIES
ORIENTAL BREWERY
PACIFIC BIOENERGY CORPORATION
PERCEPTRONIX MEDICAL INC
PILOT AIR FREIGHT LLC
PRESS GANEY ASSOCIATES
PT MAC SARANA DJAYA
REFRESCO GROUP NV
ROCK-IT CARGO
SCHENCK PROCESS BCI’S INVESTMENT INVENTORY 4
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
DIRECT & CO-INVESTMENTS
SPRINGS WINDOW FASHIONS
STADA ARZNEIMITTEL
TERVITA CORPORATION
UNITED FAMILY HEALTHCARE
UNIVERSAL RAIL SYSTEMS INC
VALENCE ST LP
VERIFONE SYSTEMS INC
ZIYLAN GRUPE
FUND INVESTMENTS
ADAMS STREET PARTNERSHIP FUND - 2010 US FUND - SERIES B LP
ADAMS STREET PARTNERSHIP FUND 2008 NON-US FUND LP
ADAMS STREET PARTNERSHIP FUND 2008 US FUND LP
ADAMS STREET PARTNERS GLOBAL OPPORTUNITIES SECONDARY FUND II LP
ADAMS STREET PARTNERSHIP FUND - 2006 DIRECT FUND LP
ADAMS STREET PARTNERSHIP FUND - 2006 US FUND LP
ADF (FEEDER) LP
ADVENT CENTRAL AND EASTERN EUROPE FUND IV-D LP
ADVENT GLOBAL TECHNOLOGY-D LP
ADVENT INTERNATIONAL GPE IX-H LP
ADVENT INTERNATIONAL GPE V-A LP
ADVENT INTERNATIONAL GPE VI-F LP
ADVENT INTERNATIONAL GPE VII-A LP
ADVENT INTERNATIONAL GPE VIII-A LP
ADVENT LATIN AMERICAN PRIVATE EQUITY FUND III LP
ADVENT LATIN AMERICAN PRIVATE EQUITY FUND IV-G LP
ADVENT LATIN AMERICAN PRIVATE EQUITY FUND V-E LP
ADVENT LATIN AMERICAN PRIVATE EQUITY FUND VI-G LP
ADVENT LATIN AMERICAN PRIVATE EQUITY FUND VII-B SCSP
AEA INVESTORS FUND V LP 5 BCI’S INVESTMENT INVENTORY 5
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
AEA INVESTORS FUND VI LP
AEA INVESTORS FUND VII LP
AEROSPACE, TRANSPORTATION AND LOGISTICS FUND II LP
AFFINITY ASIA PACIFIC FUND III LP
APAX IX USD LP
APAX X USD GP LP
APOLLO OVERSEAS PARTNERS IX LP
APOLLO OVERSEAS PARTNERS VII LP
APOLLO OVERSEAS PARTNERS VIII LP
ARCADIA ASIA INVESTORS LP
ARCADIA ASIA INVESTORS LP - SIDECAR
ASIA PACIFIC GROWTH FUND III LP
ASIAVEST OPPORTUNITIES FUND IV LP
AVALON PE INVESTMENTS LP
AVALON PE INVESTMENTS LP - SIDECAR
AVALON PE INVESTMENTS LP - SIDECAR II
AVISTA CAPITAL PARTNERS (OFFSHORE) IV LP
AVISTA CAPITAL PARTNERS (OFFSHORE) V LP
BAIN CAPITAL ASIA FUND IV LP
BAIN CAPITAL EUROPE FUND V SCSP
BAIN CAPITAL FUND XI LP
BAIN CAPITAL FUND XII LP
BANYAN CAPITAL PARTNERS II LP
BARING ASIA PRIVATE EQUITY FUND VII LP
BGH CAPITAL OFFSHORE I LP
BIRCH HILL EQUITY PARTNERS II LP
BRINSON PARTNERSHIP FUND
BROOKFIELD CAPITAL PARTNERS FUND II (PC) LP
BROOKFIELD CAPITAL PARTNERS FUND III LP BCI’S INVESTMENT INVENTORY 6
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
BROOKFIELD CAPITAL PARTNERS IV LP
BROOKFIELD CAPITAL PARTNERS V (PARALLEL) LP
CAI CAPITAL PARTNERS & CO III LP
CANAAN EQUITY II LP (QP)
CANAAN IX LP
CANAAN VIII LP
CANAAN X LP
CARLYLE GLOBAL FINANCIAL SERVICES PARTNERS III LP
CASTLELAKE FUND I LP
CASTLELAKE FUND II LP
CASTLELAKE III LP
CASTLELAKE IV LP
CASTLELAKE OPPORTUNITIES FUND II LP
CASTLELAKE V LP
CELTIC HOUSE VENTURE PARTNERS FUND III LP
CORSAIR V FINANCIAL SERVICES CAPITAL PARTNERS LP
CVC CAPITAL PARTNERS ASIA PACIFIC III LP
CVC CAPITAL PARTNERS ASIA PACIFIC IV LP
CVC CAPITAL PARTNERS ASIA PACIFIC V LP
CVC CAPITAL PARTNERS VI LP
CVC CAPITAL PARTNERS VII LP
CVC EUROPEAN EQUITY PARTNERS IV LP
CVC EUROPEAN EQUITY PARTNERS V LP
EPIC FUND I SIDECAR SLP
EPIC FUND I SLP
EPIC FUND II SLP
FOUNTAINVEST CHINA GROWTH CAPITAL FUND II LP
FRANCISCO PARTNERS II LP
FRANCISCO PARTNERS III LP 7 BCI’S INVESTMENT INVENTORY 7
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
FRANCISCO PARTNERS IV-A LP
FRANCISCO PARTNERS V LP
GAMUT INVESTMENT FUND I LP
GREEN EQUITY INVESTORS V LP
GREEN EQUITY INVESTORS VI LP
GREEN EQUITY INVESTORS VII LP
GREEN EQUITY INVESTORS VIII LP
GREENSTONE VENTURE PARTNERS LP
GTCR FUND XI LP
GTCR FUND XII LP
HARBOURVEST INTERNATIONAL PRIVATE EQUITY PARTNERS VI - CAYMAN ASIA PACIFIC FUND LP
HARBOURVEST INTERNATIONAL PRIVATE EQUITY PARTNERS VI - EUROPEAN SMALL-MEDIUM BUYOUT FUND LP
HARBOURVEST INTERNATIONAL PRIVATE EQUITY PARTNERS V-PARTNERSHIP FUND LP
HARBOURVEST INT'L PEP III - PARTNERSHIP FUND LP
HARBOURVEST INT'L PEP IV - DIRECT FUND LP
HARBOURVEST PARTNERS IX - CAYMAN VENTURE FUND LP
HARBOURVEST PARTNERS SECONDARY OVERFLOW FUND LP
HARBOURVEST PARTNERS V - PARTNERSHIP FUND LP
HARBOURVEST PARTNERS VI - DIRECT FUND LP
HARBOURVEST PARTNERS VI - PARTNERSHIP FUND
HARBOURVEST PARTNERS VII - BUYOUT HOLDING FUND LP
HARBOURVEST PARTNERS VII - CAYMAN VENTURE FUND LP
HARBOURVEST PARTNERS VIII - CAYMAN VENTURE FUND LP
HAYFIN PRIVATE EQUITY FUNDS
HAYFIN SAPPHIRE III-A
HAYFIN SPECIAL OPPORTUNITIES FUND II LP
HELLMAN & FRIEDMAN CAPITAL PARTNERS IX (PARALLEL) LP
HELLMAN & FRIEDMAN CAPITAL PARTNERS VI LP
HELLMAN & FRIEDMAN CAPITAL PARTNERS VII LP BCI’S INVESTMENT INVENTORY 8
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
HELLMAN & FRIEDMAN CAPITAL PARTNERS VIII (PARALLEL) LP
HG SATURN 2 LP
INDIA VALUE FUND V LP
JADE EQUITY INVESTORS LP
LONE STAR FUND X (BERMUDA) LP
LONE STAR FUND XI LP
MBK PARTNERS FUND IV LP
MBK PARTNERS FUND V LP
MBK PARTNERS SPECIAL SITUATIONS HOLDINGS I LP
MCLEAN WATSON SOFTECH LP 1
MCLEAN WATSON VENTURES II LP
NEW MOUNTAIN PARTNERS IV LP
NEW MOUNTAIN PARTNERS V LP
NEWSTONE CAPITAL PARTNERS II LP
NEWSTONE CAPITAL PARTNERS III LP
NEWSTONE CAPITAL PARTNERS IV LP
NEXUS POINT PARTNERS I LP
NORTHSTAR EQUITY FUND IV LIMITED
NORTHSTAR EQUITY PARTNERS III LTD
OAKTREE EUROPEAN PRINCIPAL FUND III LP
OAKTREE OPPORTUNITIES FUND IX LP
OAKTREE OPPORTUNITIES FUND X LP
OAKTREE OPPORTUNITIES FUND XB LP
OAKTREE PRINCIPAL FUND V LP
OAKTREE PRINCIPAL OPPORTUNITIES FUND IV LP
OAKTREE EUROPEAN PRINCIPAL OPPORTUNITIES II LP
ORCHID ASIA VI LP
PAI EUROPE V
PAI EUROPE VI 9 BCI’S INVESTMENT INVENTORY 9
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
PAI EUROPE VII
PANGAEA ONE LP
PANGAEA TWO PARALLEL LP
PANTHEON ASIA FUND II LIMITED
PANTHEON USA FUND III LIMITED
PANTHEON USA FUND IV LIMITED
PENFUND CAPITAL FUND III LP
PENFUND CAPITAL FUND IV LP
PENFUND CAPITAL FUND V-C LIMITED PARTNERSHIP
PENFUND CAPITAL FUND VI LP
PINEBRIDGE GLOBAL EMERGING MARKETS PARTNERS LLC
POLARIS PARTNERS VII LP
POLARIS VENTURE PARTNERS III LP
POLARIS VENTURE PARTNERS V LP
POLARIS VENTURE PARTNERS VI LP
PRESERVATION CAPITAL PARTNERS FUND I LP
RFG PRIVATE EQUITY LIMITED PARTNERSHIP NO 1
RRJ CAPITAL MASTER FUND III LP
RRJ CAPITAL MASTER FUND IV LP
SEARCHLIGHT CAPITAL III PV LP
SEARCHLIGHT OPPORTUNITIES FUND LP
SPRING LANE CAPITAL OFFSHORE FUND I LP
TA ATLANTIC AND PACIFIC VII-B LP
TA XI LP
TA XII LP
TA XIII-B LP
THE FOURTH CINVEN FUND
THE FIFTH CINVEN FUND LP
THE SEVENTH CINVEN FUND (NO.1) LP BCI’S INVESTMENT INVENTORY 10
PRIVATE EQUITY INVESTMENTS As at March 31, 2020 (unaudited)
FUND INVESTMENTS
THE SIXTH CINVEN FUND
THE THIRD CINVEN FUND LP
THL AUTOMATION FUND LP
TPG PARTNERS VI LP
TRIWEST CAPITAL GROWTH FUND LIMITED PARTNERSHIP NO II
TRIWEST CAPITAL PARTNERS III LP
TRIWEST CAPITAL PARTNERS IV LP
TRIWEST CAPITAL PARTNERS V LP
TURKISH PRIVATE EQUITY FUND III LP
VANEDGE CAPITAL I LP
VENTURES WEST 8 LIMITED PARTNERSHIP
WAYZATA OPPORTUNITIES FUND II LP
WAYZATA OPPORTUNITIES FUND III LP
YALETOWN VENTURES I LP
YALETOWN VENTURES II LP BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION 750 Pandora Ave, Victoria BC V8W 0E4 CANADA / BCI.ca
BCI is the investment agent for many institutional clients; the views and opinions expressed in this report are those of BCI and do not necessarily represent the views of its clients or investee companies. The information in this document is provided as of the date hereof. Contents copyright © BCI® 2020.
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