Untitled Document

Leveraging connections
for competitve advantage

		Equity Fund, L.P.

		BFI Canada Inc. Toronto, Ontario Immediately following the Fund’s investment, BFI was the second largest waste management company in Canada providing full-service waste disposal services including waste collection, transfer, recycling and landfill disposal services. Today, BFI is one of North America’s largest full-service waste management companies and trades as BFI Canada Income Fund (TSE:BFC.un).

		Bryker Technology Partners, L.P. Toronto, Ontario Bryker Technology Partners, L.P. was founded to provide seed capital to early-stage software and Internet infrastructure service companies. It is no longer sourcing new investments and has shifted focus towards growth and opportunistic realizations of its remaining portfolio companies.

		Farley Windows Alexandria, Ontario Farley Windows Inc. is a manufacturer of vinyl windows primarily for the home renovation and new construction market. In 2004 Farley was merged with Gienow Windows & Doors Inc. and now trades as Gienow Windows & Doors Income Fund (TSE:GIF.un).

		GT Group Telecom Inc. Toronto, Ontario Group Telecom Inc. was Canada's largest independent, facilities-based telecommunications provider. It is now integrated within Bell Canada.

		Hair Club Group Inc. Boca Raton, Florida Hair Club is a North American marketing leader in improving the image of clients experiencing hair loss by providing a complete line of quality hair replacement and restoration solutions. Hair Club was acquired by Regis Corporation (NYSE:RGS) in 2004.

		KyberPASS Corporation Ottawa, Ontario KyberPASS Corporation has developed a unique software solution that secures, authenticates, and controls access to an enterprise's applications. Global enterprises, Identrus banks, managed service providers, and governments use the KyberPASS solution to enable payment systems, XML web services, VPNs, and e-mail.

		Xantrex Technology Inc. Burnaby, British Columbia Xantrex is the world’s leading provider of advanced power electronics and controls to a broad range of commercial, consumer, recreational and residential markets. In 2004, Xantrex completed an initial public offering (TSE:XTX).