Epstein Secrets

ce • • Team raises SOF Ili L1S51 550n 2010 2011 Team raises SOF a LiSSCs 14 m • Entire 15-strong investment team & COO spins-off from Deutsche Bank in Aug 2017 to form Glendower 2014 2017 Glendower engaged by Deutsche Bank as advisor and delegated portfolio manager of SOF Funds for remai

GL0US128 Patrick Gerschel Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part

ears mth the team Sheldon Lee 0 4 0 Analyst, London Jotted in 2018 [hiring -1O181 S ai Reim ant year.. ul e, / .i,k,,,,,. Partner - London Deutsche Bank MA. Cientirdee Ulmer eh Francesco Rigamonti 00 Senior Advisor - London Deutsche Bank; Gallo 8 Co MBA. wry-funny ci . . • MA. Milan Univ. ri Vict

GLOUS I28 Patrick Gerschel Glendower Capital Team Core members of senior team have worked together for 15 years Carlo Pirzio-Biroll 00 Managing Partner, CEO - London Deut

at Deutsche Bark where he co-founded and has led the SOF business since 2006. From 2003 to 2006 he participated in the restructuring and sale of Deutsche Bank's E6 billion private equity portfolio. From 2012 to 2016 Carlo served as the Global Head of DB Private Equity with USS13 billion AUM in primary fund

GLOUS128 Patrick Gerschel Team Bios CARLO PIR210-BIROLI Managing Partner Chief Executive Officer Deutsche Bank: CDB Web Tech: General Electric; The Boston Consulting Gr

Notes to Investment Performance Important Information on the Track Record. The Giendower SOF Team spun-oft from Deutsche Ban, and its affiliates ("Deutsche Bank', ai, August 1.2017 and established Glendower Capital: LLP and its affiliates (together. Mikeitrciere ter o:, independent private equity line owned b

GLOUS128 Patrick Gerschel Notes to Investment Performance Important Information on the Track Record. The Giendower SOF Team spun-oft from Deutsche Ban, and its affiliates (

be considered a capital contribution to the Access Fund. All expenses (including marketing costs) of Deutsche Bank shall be borne by Deutsche Bank. Deutsche Bank in its sole discretion will have the right to waive all or any portion of the DB Placement Fee payable by any particular DB Introduced Person. The

GLDUS128 Patrick Gerschel DB Placement Fee: Each DB Introduced Person will directly pay Deutsche Bank a Placement Fee (the "DB Placement Fee") in accordance with the schedu