Epstein Secrets

sia The number et funds and companies is a best estimate and shows the aggregate of each deal at closing and may include some OCUNe ocuntrog TVPI = Taal Value to Paid on Capital. DPI = Dseitutons fo Pig in Capital. IRR = Internal Rate ot Return Confidential Private Pbcoment Memorandum 8 CONFIDENTIAL - PU

r Canted based on Prow benchmark data for the median 1VPI and Net RR achieved by buyout funds la vireages et 1997 to 2017 Average buyout TVPI = 159x Average Net RR v 155% Data as of September 30 2017 For further benchmarlong VI Glendower Capital to tuyoLt returns. pease refer to Exhibit 3 Pau performance is n

and Mid The nurnoer et funds and companes is an estimate and shows the aggregate of each dear at dosing and may include sane double counting TVPI = Taal Value to Paid in Capital. DPI e Dstritutons to Pad in Capital RR e Internal Rate of Return SOF D rs a Ebro denominated fund USS vaned have been converted

Capital based on Proem benchmark data for the median 1VPI and Net RR achovod by buyout funds kr vintages et 1997 to 2017 Average buyout TVPI = 159x Average Net RR v 155% Data as of September 30 2017 For further bencnsharleng of Glendower Captal to buyout returns. pease refer to Exhibit 3 Past performance is

and Asa The number of funds and companes is an estimate and shows the aggregate of each deal at dosing and may include sane double counting TVPI = Taal Value to Paid in Capes'. DPI e Dstritutons to Pad In Capital IRR = Internal Rate of Return SOF D rs a Euro denomnated fund USS valued have teen converted

Capter based on Precm benchmark data for the median 1VPI and Net RR echoer+ by buyout funds trx vintages of 1997 to 2017 Average buyout TVPI = 159x Average Net RR x 155% Data as of September 30 2017 For further benonswarlang of Glendower Captai to tuyoul returns. pease refer to Waal Pas, performance is not a

and Asa The number of funds and companes is an estimate and shows the aggregate of each deal at closing and may include sane double ccunbng TVPI = Taal Value to Paid in Capital. DPI = Dstritutions to Pad in Capital IRR = Internal Rate of Return SOF D is a Euro deramnated fund USS valued have been converte

Capital based on Prow benchmark data for the median 1VPI and Net RR achieved by buyout lungs for singers et 1997 to 2017 Average buyout TVPI = 159x Average Net RR v 155% Data as of September 30 2017 For further benchmanang a Glendower Captal to tuyoul returns. Orease refer to Exhibit 3 Pau performance is not