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than 18 months after the First Closing), with up to five one-year extensions. 4 years from the last closing of the Fund. As soon as practicable. General Partner's Share The General Partner will receive from the Fund an annual profit share as follows: (i) (ii) (iii) during the Investment Period, 1.25% per a
arket pricing has recovered to within a transactable range, resulting in a more robust market. 57 Glendower Capital analysis and estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Cogent Partners Secondary Market Trends & Outlook, July 2014; Cogent Partners Secondary Market Update, March
than 18 months after the First Closing), with up to five one-year extensions. 4 years from the last closing of the Fund. As soon as practicable. General Partner's Share The General Partner will receive from the Fund an annual profit share as follows: (i) (ii) (iii) during the Investment Period, 1.25% per a
arket pricing has recovered to within a transactable range, resulting in a more robust market. 57 Glendower Capital analysis and estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Cogent Partners Secondary Market Trends & Outlook, July 2014; Cogent Partners Secondary Market Update, March
than 18 months after the First Closing), with up to five one-year extensions. 4 years from the last closing of the Fund. As soon as practicable. General Partner's Share The General Partner will receive from the Fund an annual profit share as follows: (i) (ii) (iii) during the Investment Period, 1.25% per a
arket pricing has recovered to within a transactable range, resulting in a more robust market. 57 Glendower Capital analysis and estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Cogent Partners Secondary Market Trends & Outlook, July 2014; Cogent Partners Secondary Market Update, March
than 18 months after the First Closing), with up to five one-year extensions. 4 years from the last closing of the Fund. As soon as practicable. General Partner's Share The General Partner will receive from the Fund an annual profit share as follows: (i) (ii) (iii) during the Investment Period, 1.25% per a
arket pricing has recovered to within a transactable range, resulting in a more robust market. 57 Glendower Capital analysis and estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Cogent Partners Secondary Market Trends & Outlook, July 2014; Cogent Partners Secondary Market Update, March
than 18 months after the First Closing), with up to five one-year extensions. 4 years from the last closing of the Fund. As soon as practicable. General Partner's Share The General Partner will receive from the Fund an annual profit share as follows: (i) (ii) (iii) during the Investment Period, 1.25% per a
arket pricing has recovered to within a transactable range, resulting in a more robust market. 57 Glendower Capital analysis and estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Cogent Partners Secondary Market Trends & Outlook, July 2014; Cogent Partners Secondary Market Update, March
Entities connected to both General Partner's and Greenhill Secondary

United States
LOCATIONthe Carried Interest
ORGANIZATION
New York
LOCATIONGlendower
LOCATIONGlendower Capital
ORGANIZATIONInvestment Company
ORGANIZATION
Hungary
LOCATION
Belgium
LOCATION
Estonia
LOCATION
Denmark
LOCATION
Finland
LOCATIONPretoria
LOCATION
George Soros
PERSON
Michael Douglas
PERSON
European Union
ORGANIZATION
Romania
LOCATION
Lithuania
LOCATION
Cyprus
LOCATION
Elena
PERSON
Northern Ireland
LOCATION