Epstein Secrets

the Securities Act, or any other securities laws. Neither the Access Fund nor the Underlying Fund will be registered as an investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act'). Consequently, investors will not be afforded the protections of the Investment Company Act. The

GLOUS143 Henry Nicholas This confidential private placement memorandum (as amended or supplemented from time to time. this "Memorandum') is furnished on a confidential bas

the Fund operates. Absence of Investment Company Act protection The Fund is not required to, and will not. register as an investment company under the U.S. Investment Company Act of 1940. as amended (the 'Investment Company Act), and, accordingly, the provisions of the Investment Company Act (which, among other things, requi

GL0US143 Henry Nicholas Section 7: Risk Factors Glendower Capital Secondary Opportunities Fund IV. LP Valuation risk The Fund will be relying upon the Manager for valuat

the Fund operates. Absence of Investment Company Act protection The Fund is not required to, and will not, register as an investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), and, accordingly, the provisions of the Investment Company Act (which, among other things, req

xpenses at any time, generally upon 12 business days' prior written notice. Confidential Private Placement Memorandum 37 EFTA01395494 GLDUS143 Henry Nicholas Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV, LP Investment Period The Fund's investment period w