Investment funds managed by AIP, our predecessor

• ACTIV Investments Fund L.P. （1999〜2008）
• TK JPE Activ（2003〜2008）

Those two funds made 4 investments in total, all of which have been fully exited
and generated a gross internal rate of return (IRR) of 37%.

Investment funds currently managed/advised by DRC Capital

• Japanese Limited Partnership DRC I （2007〜2016）
• Japanese Limited Partnership DRC II（2009〜）
• DRC Investment Fund, LP（2011〜）
• DRC Capital Fund, LP（2011〜）
• Japanese Limited Partnership DRC �V（2014〜）