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re than 80 deals and having screened thousands of funds over 10 years.22 • Unique sell-side experience. having participated in the restructuring of Deutsche Bank's €5.1 billion proprietary private equity portfolio from 2003 to 2006.n Disciplined and selective investment process • Targets attractive risk-adju
Saco transactions and the efforts described in this Memorandum in respect of the proprietary pnvate &hey restructunng are attributable to the whole Deutsche Bar* team rather ban any inssdu• warm it There can to no assurance that the Fund will achieve es investment el:tense or as target return Confidential Pr
e Glendower Capita* proprietary information The Ceulune Bath proprietary private equty restructunng took dace between 2003 and 2006 Chanel Smith and Carlo Pirtioaroli played a rote alongside other Deutsche Bank cdleagues in the transactions that contributed to the dispassion of Deutsche &inlet, proprietary pnvate
re than 80 deals and having screened thousands of funds over 10 years.22 • Unique sell-side experience, having participated in the restructuring of Deutsche Bank's €5.1 billion proprietary private equity portfolio from 2003 to 2006.21 Disciplined and selective investment process • Targets attractive risk-adju
Glendower Captors proprietary information The Deutsche Bark proprietary private equty restructunng took pace between X03 and 2006 Charles Smith and Carlo Pirtioaroli played a rote alongside ether Deutsche Bank cdleagues in the transactions that comnbuted to the dispassion of Deutsche Bank's proprietary pnvate equ
re than 80 deals and having screened thousands of funds over 10 years.22 • Unique sell-side experience, having participated in the restructuring of Deutsche Bank's €5.1 billion proprietary private equity portfolio from 2003 to 2006.n Disciplined and selective investment process • Targets attractive risk-adju
ndower Capitals proprietary information The Deuter.he Bark proprietary private equty restructunng took place between 2CO3 and 2006 Charles Smith and Carlo Pirtioaroli played a rote alongside ether Deutsche Bank cdleagues in the trans.adons that coMnbuted to the dispassion of Deutsche Bank's proprietary pnvate equi
re than 80 deals and having screened thousands of funds over 10 years.22 • Unique sell-side experience. having participated in the restructuring of Deutsche Bank's 65.1 billion proprietary private equity portfolio from 2003 to 2006.21 Disciplined and selective investment process • Targets attractive risk-adju
e Glendower Captors proprietary information The Dedsone Bark proprietary envie equty restructunng took dace between 21:03 and 2006 Charles Smith and Carlo Pirtioaroli played a rote alongside other Deutsche Bank cdleagues in the transactions that comnbuted to the dispassion of Deutsche Bank's proprietary pnvate equ
Entities connected to both Deutsche Bank and Carlo Pirtioaroli

Prince Charles
PERSONCharles Smith
PERSONGlendower Capital
ORGANIZATIONJoshua Glaser
PERSONDeirdre Davies
PERSONthe SOF Team
ORGANIZATIONInternal Rate of Return
ORGANIZATIONthe SOF Program
ORGANIZATIONSOF H
ORGANIZATION
Josh Brolin
PERSONCarlo Pirao
PERSONAdam Greer
PERSONthe SOF Furds
ORGANIZATIONCh Cheung
PERSONAdam Grater Name
PERSON