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GLDUS238 SOUTHERN FINANCIAL LLC Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong
2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
GLDUS132 EverWatch Financial Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV, LP Established track record"• 2° As of September 30, 2017 the SOF Program has delivered a strong
t 2 for hitter information The performance lanes have not been aced and are based on the unawake(' aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvely the SOF Funds. as of September X. 2017 and should be read and reviewed ri conjunction with Appendix 5: Important Performanc
GLDUS238 SOUTHERN FINANCIAL LLC Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong
2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
GLOUS143 Henry Nicholas Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record"• 2° As of September 30, 2017 the SOF Program has delivered a strong
t 2 for father 'demob:el The performance lodes have not been atkleed and are based on the unedited aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvely the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
GLDUS238 SOUTHERN FINANCIAL LLC Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong
2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
GLDUS138 Ian Slome Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong
for halter information The performance frames have not been atiined and are based on the unawake(' aggregated performance results of SOF. SOF 0 and SOF H and SOF Ill. collectively the SOF Funds. as of September X. 2017 and should be read and reviewed ri conjunction with Appendix 5: Important Performan
Entities connected to both Larry Summers and SOF H

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONthe SOF Program
ORGANIZATIONthe SOF Team
ORGANIZATIONJoshua Glaser
PERSONDeirdre Davies
PERSONInternal Rate of Return
ORGANIZATIONCharles Smith
PERSONChi Cheung
PERSON
Josh Brolin
PERSONGlendower Capital
ORGANIZATIONMerncrandum
LOCATIONDeutsche Bath
ORGANIZATIONCarla Pero-Buck Charles Sonnh
PERSONSOF N s
ORGANIZATIONCarlo Pritio
PERSONthe SOF Furds
ORGANIZATION