At Graham, we build over 400 projects every year. Gracorp collaborates with public sector organizations to plan, design, construct, finance, maintain, and operate public facilities. We build to suit facilities for private clients. We work with co-development partners to create private real estate projects on behalf of institutional investors and family offices. As employee shareholders of Graham Group, we invest our own capital in private placements for infrastructure developments, real estate development, private businesses and private placements in public companies. Specialties: Financing of major infrastructure, fund management, private equity investing, mergers and acquisitions, planning, governance

Chief Financial Officer @ Graham is an employee-owned construction solutions partner that provides general contracting, design-build, construction management and public-private partnership (P3) services to the commercial, industrial, and infrastructure sectors. With over eight decades of experience, we have the resources, capacity and expertise to undertake projects of every scope, scale and complexity. Position includes overall responsibility for operations financial process support, management and internal reports, budgeting and resource planning, business analysis and operational partnering, capital planning, treasury, capital source relationship management, external financial reporting, tax planning, risk assessment and mitigation strategy, project finance and security, M&A. From December 2014 to Present (1 year 1 month) Calgary, Canada AreaPresident @ Infrastructure and real estate development, private investment, asset and property management, M&A From March 2009 to Present (6 years 10 months) Director @ Board of Directors - external From September 2009 to Present (6 years 4 months) President @ A unique opportunity to partner with Connor Clark & Lunn, one of Canada's leading investment management firms, and Graham, one of Canada's largest, employee-owned construction companies. This private, open, limited partnership provides equity capital to public private partnerships and other, similar, infrastructure projects. Projects are developed by Gracorp Capital Advisors, an affiliate of Graham, who accept and manage all bid costs and risks. Learn more by contacting an investment advisor at any CCL office across Canada. From April 2007 to Present (8 years 9 months) President @ An affiliate of Graham Group Ltd., Gracorp develops and manages infrastructure and real estate assets, private equity investments and is an Exempt Market Dealer. We develop public infrastructure assets on behalf of public sector organizations. Partnered with Graham, one of Canada's largest, employee-owned construction companies, we take a long term view to developing infrastructure assets. We accept the long term risks of design, construction, maintenance, lifecycle and operations of public facilities. Our group has our own "skin in the game" when we accept these risks. Other investors are welcome to join us through one of our fund vehicles. This includes the Connor Clark & Lunn GVest Traditional Infrastructure LP, which can be accessed through investment advisors at any CCL office across Canada. Gracorp Capital Advisors manages the Connor Clark & Lunn GVest Traditional Infrastructure LP, the GVest Private Equity Fund, GVest Infrastructure and Development Fund 1, Gracorp Capital Ltd. and 15 other private partnerships predominantly funded by employees of Graham Group Ltd. Our infrastructure funds are mandated to invest in infrastructure, including public private partnerships, water and waste water treatment, assisted care living, student residence, and power infrastructure (wind, hydro, transmission). Our GVest Private Equity Fund is mandated to invest in the the private equity of traditional Canadian businesses, private placements in public companies, and real estate development opportunities. Our funds are sponsored by the employees of Graham Group, one of Canada's leading general contractors. More information is available from: info@gracorpcapital.com From April 2007 to Present (8 years 9 months) President @ Private Equity Fund interested in traditional private equity opportunities, private placements in public companies, and real estate development (industrial, office, commercial). We aggregate capital from the employee shareholders and friends of Graham, one of Canada's largest construction companies. From March 2007 to Present (8 years 10 months) Director @ Financial partner and builder From February 2007 to Present (8 years 11 months) Director @ Financial partner From February 2007 to Present (8 years 11 months) Senior Vice President, Development & Strategic Investing @ From September 2013 to December 2014 (1 year 4 months) Calgary, Canada AreaDirector @ From March 2007 to July 2013 (6 years 5 months) Vice President, Investment and Development @ From March 2007 to April 2008 (1 year 2 months) Chairman @ From February 2005 to March 2007 (2 years 2 months) Advisor @ From June 2003 to March 2007 (3 years 10 months) Chairman @ From September 2002 to March 2007 (4 years 7 months) Vice President @ From July 1997 to March 2007 (9 years 9 months) Director @ From March 2000 to September 2004 (4 years 7 months) Director @ From January 2000 to June 2004 (4 years 6 months) Director @ From January 2000 to March 2004 (4 years 3 months) Senior Manager @ From 1990 to 1996 (6 years)

Tim Heavenor is skilled in: Private Equity, Asset Management, Investments, Private Placements, Alternative Investments, Project Finance, Infrastructure Projects, Public-private Partnerships, Public/private Partnerships