Future Now Capital

 Future Now Capital Management Pty Ltd (‘FNC’): the Manager of FCDF.

History: FNC was born out of Future Now Ventures Pty Ltd (“Future Now Ventures”), was established in 2013  to invest into fast-growth companies developing cloud, mobile and enterprise technological services. Future Now Ventures made over 20 investments with more than US$25 million of capital invested across the Asia Pacific region. Future Now Ventures is currently in run-off, selling its assets.

FNC was setup as an investment manager of third-party funds, which principally makes venture capital and private equity style investments into technology companies. FNC raised its first fund, the Future Now Ventures Growth Fund L.P. (“Fund 1”), and raised across two pools of capital (Fund 1 and a co-investment vehicle) and achieved A$91.9 million of capital commitments (inclusive of the commitment from Fund 1’s general partner). FNC’s follow-on fund, FNC Follow-on Fund L.P (“Fund 2”) achieved A$92.4m in capital commitments between Fund 2 and a co-investment vehicle between 2023 and 2025.

Reasons to Invest

FNC’s significant Microsoft Partnership: Investment into FNC enables investors with a unique opportunity to be part of a bespoke partnership with Microsoft. FNC gains industry insights through Microsoft partnership events, enhancing its visibility with governments, investors, software companies, media, and enterprise users.  Access to Microsoft’s extensive ecosystem, enables the identification of high-growth companies and attractive investment opportunities.

Fund Manager: Ch/CIO John Orrock, (Siebel, Salesforce, OKERE to Fujitsu, CloudSherpas to Google, ISV on Power App) John is the founder and Executive Chairman of FNC. John founded Future Now Ventures (which has grown to the FNC Group) in 2013 to invest his own personal wealth into technology ventures.  John is considered to be a pioneer of cloud technology, forming OKERE Consulting in 2003 – the first of its kind Salesforce enterprise integration business – and Cloud Sherpas in 2007, which was sold in 2015 to Accenture for US$410 million. John’s expertise in investing in cloud SaaS businesses earned him an audience with Satya Nadella (Microsoft CEO) in 2018.

Co-MP Chris Lee, Chris Lee has worked with John Orrock for over 20 years. Chris joined Future Now Ventures in 2015, following the sale of Cloud Sherpas to Accenture. Chris commenced fulltime at FNC in 2019. At FNC, Chris is responsible for leading origination and asset management.

Giacomo Gaetani has been with FNC since January 2019 and is responsible for deal execution, asset management, monitoring and reporting. Prior to FNC, Giacomo was a Vice President at Prostar Capital, a global private equity business focused on investing in the energy supply chain.

FCDF’s Well credentialed Investment Committee

Chairman of Governance: Steven Harker, (ex CEO Morgan Stanley),Tech, Start-Up  Nick Menere, (ex Atlassian); Funds Management: John McCarthy; Mkt & Strategy: Doug Ross.

Unique Investment Structure: the PDF structure provides a unique way for investors to benefit from the tax advantages within the PDF structure. Generally, dividends from PDFs are generally exempt from income tax, and no income tax is payable on sale of the Vehicle’s Ordinary Shares while the Vehicle retains its PDF status.

For further information, please click on the link for the following:

FNC Investment Powerpoint Presentation https://pinnaclequities.com/wp-content/uploads/2026/05/2026.02-FNC-Future-Capital-Development-Fund-Investor-Presentation-vFF.pdf2026.02 – FNC Future Capital Development Fund – Investor Presentation – vFF

FNC Information Memorandum  https://pinnaclequities.com/wp-content/uploads/2026/05/Future-Capital-Development-Fund-PPMemorandum-March-2026-DRAFT.pdf Future Capital Development Fund PPMemorandum March 2026 DRAFT

For further information please contact:

Guy Aird 0411 767 177 email: guy.aird@pinnaclequities.com or

Drew Williams 0411 242 529  email: drew.williams@pinnaclequities.com