Epstein Secrets

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

yst in technology investment banking at Cowen & Co. Adam holds a BA from Colgate University. S'I'R Om), CONFIDENTIAL CHI CHEUNG Partner Europe Deutsche Bank MA, Cambridge Univer.4t•y Based in London. Chi is a Partner of Glendower Capital. Prior to Glendower. Chi spent 19 years at Deutsche Bark where he w

GLDUS140 Lawrence Hirsch Team Bios CARLO PIR210-BIROLI Managing Partner Chief Executive Officer Deutsche Bank: CDB Web Tech: General Electric; The Boston Consulting Gr

e than 80 cleats 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

GLDUS140 Lawrence Hirsch Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV. LP Established track record"• 2° As of September 30, 2017 the SOF

ndary Opportunities Fund investment program (the 'SOF Business') in 2006 after having worked together from 2003 to 2006 to restructure and wind down Deutsche Bank's E5.1 billion proprietary balance sheet private equity portfolio.' Chi Cheung and Deirdre Davies (Partners of Glendower) and Francesco Rigamonti (Sen

GLDUS140 Lawrence Hirsch Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV. LP Executive Summary Overview Glendower Capital Secondary Opport

rs at Deutsche Bank 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 E 6 billion private equity portfolio. From 2012 to 2016 Carlo served as the Global Head of DB Private Equity with US$13 billion AUM in primary fund

GLOUS140 Lawrence Hirsch Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP From time to tine. and as appropriate, the Manager may invite add

ts. Francesco joined Deutsche Bank in 2000 with responsibility for corporate development in Italy and participated in the restructuring and sale of Deutsche Bank's E6billion private equity portfolio. Previously he worked at Gallo & Co., an Italian merchant bank, where he focused on restructurings. Francesco hol

GLDUS140 Lawrence Hirsch Section 5: Fund Managemerd Glendower Capital Secondary Opportunities Fund IV. LP finance) and investor relations for the secondary private equity

rneini 44 Vice President. London 3 years mth the team Sheldon Lee 0 4 0 Analyst, London Jolted in 2018 (hiring -1O181 S Partner - London Deutsche Bank MA. Cumlirdr Ulmer si Francesco Rigamonti 00 Senior Advisor - London Deutsche Bank; Gallo 8 Co MEA.Unkronaly Li . . • se • MA. Milan Limy. ri Vi

GLDUS140 Lawrence Hirsch Glendower Capital Team Core members of senior team have worked together for 15 years ai ReSe., :int year.. Carlo Pirzio-Biroll 00 Managing Part

mith. Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to Team Tearn Team restructure USS6bn raises raises raises Deutsche Bank PE SOF SOF D SOF Ili proprietary portfolio USS565in USS147m L1S51 550n --• 2003 2005 2006 2007 Carlo Pirzio-Biroli and Charles Smith co-foun

GLIDUS140 Lawrence Hirsch Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part

. Francesco joined Deutsche Bank in 2000 with responsibility for corporate development in Italy and participated in the restructuring and sale of Deutsche Bank's E Ebillion private equity portfolio. Previously he worked at Gallo & Co.. an Italian merchant bane where he focused on restructurings. Francesco

GLDUS140 Lawrence Hirsch Team Bios DEIRDRE DAVIES Partner Chief Operating Officer Deutsche Bank. ABN Amro, KPMG ECorri. University of South Africa: CA ISA) Based in

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

GLDUS140 Lawrence Hirsch DB Placement Fee: Each DB Introduced Person will directly pay Deutsche Bank a Placement Fee (the "DB Placement Fee") in accordance with the schedu