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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
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
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
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
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
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
Entities connected to both Larry Summers and Merncrandum

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONthe SOF Program
ORGANIZATIONthe SOF Team
ORGANIZATIONDeirdre Davies
PERSONJoshua Glaser
PERSONCharles Smith
PERSONInternal Rate of Return
ORGANIZATIONSOF H
ORGANIZATIONChi Cheung
PERSON
Josh Brolin
PERSONDeutsche Bath
ORGANIZATIONSOF N s
ORGANIZATIONCarla Pero-Buck Charles Sonnh
PERSONCarlo Pritio
PERSONGlendower Capital
ORGANIZATION