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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
hodology adopted to calculate Net RR in respect d the SOF Funds is impacted by the SOF Funds use of subtended, line faculties The SOF Funds use (and SOF N s expelled to use) such realities to manage capes drawdoms as described in 'Cnnyckivins and use of subscription line facilibes: in Secbon 7: Risk Fact
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
hodology adopted to calculate Net RR in respect d the SOF Funds is impacted by the SOF Funds use of subtended, line faculties The SOF Funds use (and SOF N s expelled to use) such realities to manage capes drawdoms as described in 'Cnnyckivins and use of subscription line facilibes: in Secbon 7: Risk Fact
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
hodology adopted to calculate Net RR in respect d the SOF Funds is impacted by the SOF Funds use of subtended, line faculties The SOF Funds use (and SOF N s expelled to use) such realities to manage capes drawdoms as described in 'Cnnyckivins and use of subscription line facilibes: in Secbon 7: Risk Fact
Entities connected to both Larry Summers and SOF N s

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONthe SOF Team
ORGANIZATIONthe SOF Program
ORGANIZATIONDeirdre Davies
PERSONJoshua Glaser
PERSONCharles Smith
PERSONChi Cheung
PERSONInternal Rate of Return
ORGANIZATIONSOF H
ORGANIZATION
Josh Brolin
PERSONMerncrandum
LOCATIONCarla Pero-Buck Charles Sonnh
PERSONCarlo Pritio
PERSONDeutsche Bath
ORGANIZATION