Epstein Secrets

O% 3% 29% 12% 12% 9% 21% 20% 12% 12% 18% 3O% 15% 15% 12% SOF (2OO6) SOF D (2O1O) SOF 11 (2O11) SOF III (2014) ■Glendower Net IRR MSCI World Russell 2000 ■Thomson Reuters ______ I I I I I I I I I I I I I 23% 15% 9% 7% SOF Program II) Performance figures have been calcul

GLOUStal Greg Martin SOF Program compares favourably to public markets Performance data as of September 30, 2017'-',•5 SOF Funds have delivered attractive performance c

Glendower SOF Team and there can be no assurance that SOF IV will achieve comparable results or that any target results will be achieved. See (2) MSCI World Index and Russell 2000 Index returns are based on total return. Thomson Reuters Private Equity Buyout Index returns are based on price. These bench

Greg Martin CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. Overview April 2018 STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND

x of the bottom 2,000 stocks in the Russell 3000 Index. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. "MSCI World Index": The MSCI World Index is a broad global equity benchmark that represents large and mid-cap equity performance across 23 developed markets co

with the "Important Information" and "Important Performance Information" sections of this Presentation. STRICTLY CONFIDENTIAL 54 EFTA01398247 Greg Martin SOF Remaining portfolio construction by FMV1 as of September 30, 2017 Overview Vintage Fund size Invested capital Capital called Distribution