5
Shared Docs
5
Same-Page
5 / 5
Mentions
ty kind sponsors (each such co-investment. a 'Single Asset Dear). SOF IV will be the fourth dedicated secondary fund led by Carlo Pirzio-Biroli and Charles Smith (the 'Managing Partners") and invested by Glendower Capital's team of investment professionals. As described in *History' (immediately below), thi
GLDUS138 Ian Slome Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV. LP Executive Summary Overview Glendower Capital Secondary Opport
r in 2013 rt Source Dien/lower Camara proprietary information The Deutuke Bark proprietary more equly restructunng took pace between 2CO3 and 2006 Charles Smith and Carlo Piare.Droli played a rote alongside ether Deutsche Bank colleagues in the trans.achons that contributed to the disposition of Deutsche Ban
GLDUS138 Ian Slome Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF
d by the secondary opportunities team that spun-out from Deutsche Asset Management on August 1, 2017. The senior team led by Carlo Pirzio-Biroli and Charles Smith has worked together for 15 years at Deutsche Bank in its asset management division. The secondaries business, co-founded by Carlo and Charles in 200
GLDUS138 Ian Slome Section 5 Fund Management Glendower Capital Secondary Opportunities Fund IV. LP Fund Management Glendower Capital Glendower Capital is an indepe
lified professional engineer. Carlo holds an MBA from Columbia Business School and an MSc in Civil Engineering from the University of Rome. Italy. Charles Smith (49), Managing Partner and Chief investment Officer. Based in London. Charles is a Managing Partner & Chief Investment Officer of Glendower Capital.
GLDUS138 Ian Slome Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP From time to tine. and as appropriate, the Manager may invite add
housands of funds over 10 years - 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 earn Tearn Team restructure US$6bn raises raises raises Deut
GLDUS138 Ian Slome Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part
Entities connected to both Charles Smith and Ian Slome

Prince Charles
PERSONGlendower
LOCATION
Deutsche Bank
ORGANIZATIONAdam Graev
PERSONChi Cheung
PERSONGlendower Capital
ORGANIZATIONDeirdre Davies
PERSONJoshua Glaser
PERSONSOF IV
ORGANIZATIONEmilio Olmos
PERSONthe SOF Program
ORGANIZATION
Credit Suisse
ORGANIZATIONAccess Fund
ORGANIZATION
United States
LOCATIONSOF Team
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONthe SOF Team
ORGANIZATIONGlobal Corporate Finance
ORGANIZATIONInternal Rate of Return
ORGANIZATIONColumbia Business School
ORGANIZATION