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anager or any Affiliate of the foregoing. (v) Partnership Counsel Does Not Represent the Investors. The Investor understands and acknowledges that Cleary Gottlieb Steen & Hamilton LLP ("Cleary Gottlieb") acts as U.S. counsel only for the Partnership, Glendower Access Secondary Opportunities IV (International), L.P. (the "Feeder
"investment company" as the term "investment company" is defined in Section 3(a) of the United States Investment Company Act of 1940, as amended (the "Investment Company Act"); (ii) the General Partner does not have any intention of registering the Partnership as an "investment company" under the Investment Company Act
anager or any Affiliate of the foregoing. (v) Partnership Counsel Does Not Represent the Investors. The Investor understands and acknowledges that Cleary Gottlieb Steen & Hamilton LLP ("Cleary Gottlieb") acts as U.S. counsel only for the Partnership, Glendower Access Secondary Opportunities IV (International), L.P. (the "Feeder
"investment company" as the term "investment company" is defined in Section 3(a) of the United States Investment Company Act of 1940, as amended (the "Investment Company Act"); (ii) the General Partner does not have any intention of registering the Partnership as an "investment company" under the Investment Company Act
anager or any Affiliate of the foregoing. (v) Partnership Counsel Does Not Represent the Investors. The Investor understands and acknowledges that Cleary Gottlieb Steen & Hamilton LLP ("Cleary Gottlieb") acts as U.S. counsel only for the Partnership, Glendower Access Secondary Opportunities IV (International), L.P. (the "Feeder
"investment company" as the term "investment company" is defined in Section 3(a) of the United States Investment Company Act of 1940, as amended (the "Investment Company Act"); (ii) the General Partner does not have any intention of registering the Partnership as an "investment company" under the Investment Company Act
Entities connected to both Cleary Gottlieb Steen & Hamilton LLP and the "Investment Company Act

Cayman Islands
LOCATION
Marla Maples
PERSONCalder
ORGANIZATIONGlendower
LOCATION
United States
LOCATIONGlendower Capital
ORGANIZATIONU.S. Internal Revenue Service
ORGANIZATIONThe Placement Fee
ORGANIZATION
United Kingdom
LOCATIONKeogh
ORGANIZATIONiCapital
ORGANIZATIONInstitutional Capital Network, Inc.
ORGANIZATIONiCapital Advisors
ORGANIZATIONGlendower Access Secondary Opportunities IV GP
ORGANIZATIONthe Private Placement Memorandum
ORGANIZATION
Samantha Power
PERSONthe District of Columbia
LOCATIONthe U.S. Treasury Regulations
ORGANIZATION
U.S. Treasury
ORGANIZATIONSubchapter S
ORGANIZATION