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captive, non-core private equity business • 33 buyout, growth equity, real estate and energy assets in 11 funds in UK, France, Poland, Czech Rep., Bulgaria, Macedonia and Turkey • Highly structured deal allowed for full asset due diligence • Downsized captive team led by new CEO hired by SOF Team Ione
action summary as of September 30, 2017 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I,
captive, non-core private equity business • 33 buyout, growth equity, real estate and energy assets in 11 funds in UK, France, Poland, Czech Rep., Bulgaria, Macedonia and Turkey • Highly structured deal allowed for full asset due diligence • Downsized captive team led by new CEO hired by SOF Team Ione
action summary as of September 30, 2017 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I,
captive, non-core private equity business • 33 buyout, growth equity, real estate and energy assets in 11 funds in UK, France, Poland, Czech Rep., Bulgaria, Macedonia and Turkey • Highly structured deal allowed for full asset due diligence • Downsized captive team led by new CEO hired by SOF Team Ione
action summary as of September 30, 2017 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I,
captive, non-core private equity business • 33 buyout, growth equity, real estate and energy assets in 11 funds in UK, France, Poland, Czech Rep., Bulgaria, Macedonia and Turkey • Highly structured deal allowed for full asset due diligence • Downsized captive team led by new CEO hired by SOF Team Ione
action summary as of September 30, 2017 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I,
Entities connected to both Bulgaria and Hockney

United States
LOCATIONGlendower
LOCATIONGlendower Capital
ORGANIZATIONSOF Team
ORGANIZATIONAccess Fund
ORGANIZATION
Macedonia
LOCATION
Bank of England
ORGANIZATION
Porter
PERSON
Julie K. Brown
PERSON
First Data
ORGANIZATION
Laurel
LOCATIONFitzgerald II
PERSON
Prince Charles
PERSON
Middle East
LOCATION
George W. Bush
PERSON
Michael Douglas
PERSON
George Soros
PERSON
Marc Rich
PERSONMaria Farmer
PERSON
New York
LOCATION