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09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01395060 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002 [email protected] This document can only be offered to Accredited Investors and Qualifie
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong EFTA01395078 Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01395725 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002 [email protected] This document can only be offered to Accredited Investors and Qualifie
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong EFTA01395743 Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01397425 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can only be offered to Accredited Investors and Qualified Purchasers. This material is personal to each offe
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong EFTA01397443 Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01396752 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can only be offered to Accredited Investors and Qualified Purchasers. This material is personal to each offe
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong EFTA01396770 Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document being a "prosp
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document being a "prosp
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document being a "prosp
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
offered or sold and have not been offered or sold in Hong Kong, by means of any document, other than to (i) "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance; or (ii) in other circumstances which do not result in the document being a "prosp
Entities connected to both Charles Smith and the Securities and Futures Ordinance

Prince Charles
PERSONGlendower
LOCATION
Deutsche Bank
ORGANIZATIONAdam Graev
PERSONChi Cheung
PERSONGlendower Capital
ORGANIZATIONDeirdre Davies
PERSONFrancesco Rigamonti
PERSON
General Electric
ORGANIZATIONSOF IV
ORGANIZATION
J. Robert Oppenheimer
PERSONPomona
LOCATIONGlendower Capital SOF IV
ORGANIZATIONthe Glendower SOF Team's
ORGANIZATION
United States
LOCATION
United Kingdom
LOCATIONCarlo Pirzio-Biroli
PERSONthe Guernsey Financial Services Commission
ORGANIZATION
George Soros
PERSONDeutsche Asset & Wealth Management
ORGANIZATION