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ister and enforce the Access Fund and its Partners' rights and obligations, or as otherwise may be required by applicable law, rule or regulation. Cleary Gottlieb Steen & Hamilton LLP ("Cleary Gottlieb") serves as U.S. legal counsel to the General Partner, the Investment Manager and certain of their affiliates. Maples and Calder
GLDUS127 Annandale Capital Investor Information Legal Counsel Auditor, Administrator and Custodian For the avoidance of doubt, pursuant to the Underlying Fund LPA, the Ge
erlying Fund's investment returns. Access Fund Counsel. Cleary• Gottlieb Steen & Hamilton LLP currently serves as U.S. counsel for the Access Fund. Cleary Gottlieb Steen & Hamilton LLP renders legal services to the Investment Manager and the General Partner and does not represent the interests of any Limited Partners in the Access
GLDUS127 Annandale Capital The full impact of these recent changes is not known at this time. Individually and collectively, current and proposed position limits and associat
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
GLDUS127 Annandale Capital 1 Disclosure Statement Deutsche Bank Securities Inc. (the "Solicitation Agent"), Glendower Access Secondary Opportunities IV GP LLC ("Glendower"
ce the Access Fund and its Partners' rights and obligations, or as otherwise may be required by applicable law, rule or regulation. Legal Counsel Cleary Gottlieb Steen & Hamilton LLP ("Cleary Gottlieb") serves as U.S. legal counsel to the General Partner, the Investment Manager and certain of their affiliates. Maples and Calder
RES OPTION CONTRACTS SUBJECT TO CFTC POSITION LIMITS WILL BE REQUIRED TO EFTA01397008 Proprietary and Confidential -viii EFTA01397009 GLDUS127 Annandale Capital AGGREGATE SUCH POSITIONS, FOR CFTC POSITION LIMIT AND LARGE TRADER REPORTING PURPOSES, WITH ANY DIRECT OR INDIRECT POSITIONS OF THE ACCESS FUND IN
e- year optional extension periods at the discretion of its General Partner Generally upon 7 business days' notice N/A Third Party Administrator Cleary Gottlieb Steen & Hamilton LLP Quarterly reports, capital account statements and year-end audited financial statements Up to 2.00% payable to DBSI or an affiliate thereof Acces
GLDUS127 Annandale Capital CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. Overview April 2018 STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND
Entities connected to both Cleary Gottlieb Steen & Hamilton LLP and Annandale Capital
Glendower
LOCATION
Cayman Islands
LOCATIONCalder
ORGANIZATION
Marla Maples
PERSONAccess Fund
ORGANIZATIONGlendower Capital
ORGANIZATIONCleary Gottlieb
ORGANIZATION
United States
LOCATION
United Kingdom
LOCATIONiCapital
ORGANIZATIONiCapital Advisors
ORGANIZATION
Prince Charles
PERSONInstitutional Capital Network, Inc.
ORGANIZATION
Bulgaria
LOCATIONKeogh
ORGANIZATION
Deutsche Bank
ORGANIZATIONCharles Smith
PERSONGlendower Access Secondary Opportunities IV GP
ORGANIZATIONThe Placement Fee
ORGANIZATIONDeirdre Davies
PERSON