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blished operational processes - Integrated, self-contained processes - Developed by the Team over 10 years Team's history Carlo Pirzio-Biroli. Charles Smith. Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to Team Tearn Team restructure USS6bn raises raises raises Deut
GLDUS129 DF Enterprises Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part
ate, London 2 years with the team Louise Schoeman 0 6 CA .>.. Vice President, Finance. London Re-pined team in 2017 Glendower Capital Charles Smith 0 Managing Partner, CIO - London Deutsche Bank; Bankers Trust: Coopers 8 Lybrand MA, Cambridge Unkrersily; ALMA Joshua Glaser O Partner. Clie
GLDUS129 DF Enterprises Glendower Capital Team Core members of senior team have worked together for 15 years Carlo Pirzlo-Blroll 00 Managing Partner, CEO - London Deut
Glendower. when the team were employees of Deutsche Bank In evaluating the track record. each Recipient should note that 0) Carlo Pirzio-Efircri and Charles Smith have been permanent voting rnembers of the SOP Funds investment comnettees since inception: (ii) Chi Cheung. Francesco Rigamonti and Adam Graev have
GLDUS129 DF Enterprises Notes to Investment Performance Important Information on the Track Record. The Glendower SOF Team spun-oft from Deutsche Beni and its affiliates (
Entities connected to both Charles Smith and DF Enterprises

Prince Charles
PERSONGlendower
LOCATION
Deutsche Bank
ORGANIZATIONGlendower Capital
ORGANIZATIONFrancesco Rigamonti
PERSONSOF IV
ORGANIZATION
J. Robert Oppenheimer
PERSON
Credit Suisse
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATION
Bradley Cooper
PERSONCredit Suisse Asset Management Limited
ORGANIZATION
Financial Services
ORGANIZATION
Julie K. Brown
PERSON
Lawrence Krauss
PERSON
Prince Andrew
PERSON
George Mitchell
PERSONEverWatch Financial
ORGANIZATIONAspen Grove Capital
ORGANIZATION
Middle East
LOCATIONFitzgerald II
PERSON