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GLOUS125 Gerald Ford Glendower Capital Glendower Capital Secondary Opportunities Fund IV, LP Confidential Private Placement Memorandum CONFIDENTIAL - PURSUANT T

GLOUS125 Gerald Ford Glendower Capital Glendower Capital Secondary Opportunities Fund IV, LP Confidential Private Placement Memorandum CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00185437 DB-SDNY-0039253 EF

GLOUS125 Gerald Ford Glendower Access Secondary Opportunities IV (U.S.), L.P. Limited Partnership Interests This supplement (the "Supplement") is intended to modify an

ndary Opportunities IV (U.S.), L.P. (the "Access Fund"). The Access Fund is expected to invest substantially all of its assets in Glendower Capital Secondary Opportunities Fund IV, LP, an English private fund limited partnership (together with any parallel funds thereto, the "Underlying Fund"). To the extent that any statement

GLDUS125 Gerald Ford I ntroductiont" Glendower Capital Secondary Opportunities Fund IV, LP ("SOF IV") Glendower Capital is an independent secondary private equity mana

SOF Team and there can be no assurance that SOF IV will achieve comparable results or that any target results will be achieved CS; C-iendower Capita Secondary Opportunities Fund IV. L P. PSOF INr or the "Ft it is being foymed by t... i.rgower Capital. LIP rCtienteeri. which is authorized and iegulated by the United Kingdom Finan

GLOUS125 Gerald Ford Glendower Capital Secondary Opportunities Fund IV, LP CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 8,91 CONFIDENTIAL SDNYGM_00185629 ,RICTLY COW

GLOUS125 Gerald Ford Glendower Capital Secondary Opportunities Fund IV, LP CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 8,91 CONFIDENTIAL SDNYGM_00185629 ,RICTLY COW DENTAL 2'1 QUARTER 2018 ACCREDITED INVESTORS AND

GLDUS125 Gerald Ford CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. Overview April 2018 STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND

DBSI. STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND QUALIFIED INVESTOR USE ONLY 6 EFTA01396115 GLDUS125 Gerald Ford Glendower Capital Secondary Opportunities Fund IV, LP 2nd QUARTER 2018 ACCREDITED INVESTORS AND QUALIFIED PURCHASERS ONLY STRICTLY CONFIDENTIAL EFTA01396116 GLDUS125 Gerald Ford Disclaimer T