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rochure ("Brochure"), please contact us at (646) 214 7283. The information in this Brochure has not been approved or verified by the United States Securities and Exchange Commission ("SEC") or by any state securities authority. Additional information about iCapital is also available on the SEC's website at www.adviserinfo.sec.go
GLDUS143 Henry Nicholas iCapital Advisors, LLC Form ADV Part 2A ICAPITAL ADVISORS, LLC FORM ADV PART 2A Business Address 60 East 42nd Street, 26th Floor New York, NY
al Network, Inc., the parent company of iCapital, is the sole member of iCapital Securities. iCapital Securities is a broker-dealer registered with the Securities and Exchange Commission ("SEC"). and a member of the Financial Industry Regulatory Authority, Inc. ("FINRA"). iCapital Securities is also registered as a limited purpose b
GLDUS143 Henry Nicholas iCapital Advisors, LLC Form ADV Part 2A Generally, the value of such instruments depends upon price movements in the underlying assets as well as
reliance upon the exemptions from registration provided in the Securities Act and/or Regulation D promulgated thereunder, and similar regulations of the Securities and Exchange Commission (the "SEC") applicable to transactions not involving a public offering. Each investor will be required in the Subscription Agreement pursuant to wh
GLOUS143 Henry Nicholas to predict whether, or to what extent, any changes in the Code or interpretations thereof will occur. Prospective Limited Partners should note that
The Manager expects that the U.S. Adviser will be a registered investment adviser under the Advisers Act; how ever. under applicable guidance from the Securities and Exchange Commission (the 'SEC"), only certain provisions of the Advisers Act will apply to the Manager's and the U.S. Adviser's relationship with the Fund since the Fun
GL0USI43 Henry Nicholas Section 9: Certain Legal. ERISA and Tax Considerations Glentwer Capital Secondary Opportunities Fund IV, LP Securities Exchange Act of 1934 In co
private equity funds are typically private investments, they do not face the same oversight and scrutiny from financial regulatory entities such as the Securities and Exchange Commission ("SEC') and are not subject to the same regulatory requirements as regulated investment companies, (i.e., open-end or closed-end mutual funds) inclu
GLDUS143 Henry Nicholas Additional Disclosures Regarding Certain Risk Factors The risks associated with investing in a private equity fund generally include: • Limited Re
Fund. iCapital Advisors, LLC, a subsidiary of Institutional Capital Network, Inc. (d/b/a iCapital Network), is an investment adviser registered with the U.S. Securities and Exchange Commission ("SEC'). The registrations and memberships above in no way imply that the SEC has endorsed the entities, products or services discussed herein. Add
GLOUS143 Henry Nicholas Important Information (Continued) NOTE: Historical returns presented herein do not include any fees and expenses that would be associated with an i
l Network, Inc., the parent company of iCapital, is the sole member of iCapital Securities. iCapital Securities is a broker- dealer registered with the Securities and Exchange Commission ("SEC"), and a member of the Financial Industry Regulatory Authority, Inc. ("FINRA"). iCapital Securities is also registered as a limited purpose
GLDUS143 Henry Nicholas iCapital Advisors, LLC Form ADV Part 2A ICAPITAL ADVISORS, LLC FORM ADV PART 2A Business Address 60 East 42nd Street, 26th Floor New York, N
nd. iCapital Advisors, LLC, a subsidiary of Institutional Capital Network, Inc. (d/b/a iCapital Network), is an investment adviser registered with the U.S. Securities and Exchange Commission ("SEC"). The registrations and memberships above in no way imply that the SEC has endorsed the entities, products or services discussed herein. Ad
GLDUS143 Henry Nicholas GLENDOWER ACCESS SECONDARY OPPORTUNITIES FUND IV (U.S.), L.P. CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. will invest s
The Manager expects that the U.S. Adviser will be a registered investment adviser under the Advisers Act; however, under applicable guidance from the Securities and Exchange Commission (the "SEC"), only certain provisions of the Advisers Act will apply to the Manager's and the U.S. Adviser's relationship with the Fund since the F
xpenses at any time, generally upon 12 business days' prior written notice. Confidential Private Placement Memorandum 37 EFTA01395494 GLDUS143 Henry Nicholas Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV, LP Investment Period The Fund's investment period w
Entities connected to both the Securities and Exchange Commission and Henry Nicholas

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LOCATION
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Samantha Power
PERSONGlendower
LOCATIONLeon Black
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ORGANIZATIONAccess Fund
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Virginia Giuffre
PERSONiCapital
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LOCATIONDeutsche Bank Securities Inc.
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