True in New York, false in Toronto: the idea that power law returns are the only overarching category for venture capital performance drivers is an oversimplification. In our jurisdiction, Canadian regulation dictated by OSFI and the stability of the banking oligopoly temper the asymmetric nature of returns. Monitoring policies and ticket sizes, often considered secondary elsewhere, can become paramount in our market where investments are more measured. An institutional pension fund might favor steady growth and diversified asset allocation, making the upper limit of return less critical than a stable decision quality over the long term.