Epstein Secrets

S NOT REVIEWED OR APPROVED THIS OFFERING OR THIS MEMORANDUM. THIS MEMORANDUM WAS PREPARED BY REPRESENTATIVES OF THE FUND AND IS BEING FURNISHED BY CREDIT SUISSE AS PLACEMENT AGENT SOLELY FOR USE BY PROSPECTIVE INVESTORS IN CONNECTION WITH THIS OFFERING. CREDIT SUISSE IS ACTING AS PLACEMENT AGENT FOR THE GE

GLDUS127 Annandale Capital U.S. Securities Exchange Act of 1934. It is not expected that the Access Fund will be required to register the Interests under Section 12(g) or an

ower Capital Secondary Opportunities Fund IV, LP Section 1: Executive Summary Confidential Private Placement Memorandum 1 EFTA01397130 GLDUS127 Annandale Capital Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV, LP Executive Summary Overview Glendower Capital Secondary Opport

ement agent engaged by the General Partner with respect to the offering of interests. The following is a description of such matters that relate to Credit Suisse: "In September 2008, Credit Suisse Securities (USA) LLC ("CSSU") reached an agreement with the New York State Attorney General's Office and the No

inistrator. Global Placement Agent Credit Suisse Asset Management Limited. Confidential Private Placement Memorandum 46 EFTA01397215 GLDUS127 Annandale Capital Glendower Capital Secondary Opportunities Fund IV, LP This page has intentionally been left blank Confidential Private Placement Memorandum 47 E

xpenses at any time, generally upon 12 business days' prior written notice. Confidential Private Placement Memorandum 37 EFTA01397195 GLDUS127 Annandale Capital Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV, LP Investment Period The Fund's investment period w

S NOT REVIEWED OR APPROVED THIS OFFERING OR THIS MEMORANDUM. THIS MEMORANDUM WAS PREPARED BY REPRESENTATIVES OF THE FUND AND IS BEING FURNISHED BY CREDIT SUISSE AS PLACEMENT AGENT SOLELY FOR USE BY PROSPECTIVE INVESTORS IN CONNECTION WITH THIS OFFERING. CREDIT SUISSE IS ACTING AS PLACEMENT AGENT FOR THE GEN

GLDUS127 Annandale Capital Glendower Capital Secondary Opportunities Fund IV. LP THIS MEMORANDUM. EACH OF GLENDOWER CAPITAL, LLP AND THE GENERAL PARTNER IS EXEMPT FROM REGI

TO THESE POTENTIAL CONFLICTS AND ACKNOWLEDGE THAT THESE POTENTIAL CONFLICTS ARE NOT MATERIAL TO SUCH RECIPIENT'S DECISION TO PROVIDE SUCH CONSENT. CREDIT SUISSE DOES NOT PROVIDE ANY TAX ADVICE. ANY TAX STATEMENT HEREIN REGARDING ANY U.S. FEDERAL TAX IS NOT INTENDED OR WRITTEN TO BE USED, AND CANNOT BE USED.

GLOUS127 Annandale Capital Glendower Capital Secondary Opportunities Fund IV. LP PARTICIPATION AS PLACEMENT AGENT FOR THE INTERESTS MAY BE INFLUENCED BY ITS INTEREST IN SUCH

Bank: Pomona: Lehman Brothers; ChatlegeelSoros: Cowen BA. Celn.de tierce:y-4y Emilio Olmos Managing Director - London ADIA. UPS. Deutsche Bank. Credit Suisse frolytectri ye Philippe Ferneini O . ArN 4.111F Vice President London 3 years vath the team Sheldon Lee 040 Analyst, London Jeered in 20

GLOUSI27 Annandale Capital Glendower Capital Team Core members of senior team have worked together for 15 years Carlo Pirzlo-Blroll 00 Managing Partner, CEO - London Deut

. Inc. Joshua holds a BS from Tufts University. EMILIO OLMOS Managing Director Southern Europe. Middle East and Asia ADIA, UBS. Deutsche Bank, Credit Suisse. Lafarge MSc. HEC Fans: MErY.I. Polyiecluve Univ. Based in London. Emilio is responsible for the origination. valuation, execution and monitoring

GLOUS127 Annandale Capital Team Bios DEIRDRE DAVIES Partner Chief Operating Officer Deutsche Bank. ABN Amro, KPMG University of South Africa: CA ISA) Based in London.

rs have invested in Institutional Capital Network, Inc., the parent company of iCapital, including affiliates of BlackRock, Inc. ("BlackRock") and Credit Suisse Group AG ("Credit Suisse"). iCapital may offer products managed or sponsored by such investors as BlackRock and Credit Suisse or its affiliates and

lity to meet contractual and fiduciary commitments to clients and has not been the subject of a bankruptcy proceeding. 28 EFTA01396988 GLDUS127 Annandale Capital FORM ADV PART 2B: Brochure Supplement 60 East 42nd iCapital Advisors, LLC Street, 26th New York, NY 10165 Floor March 30, 2018 This Brochure