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GLDUSI41 Greg Martin Glendower Access Secondary Opportunities IV (U.S.), L.P. Limited Partnership Interests This supplement (the "Supplement") is intended to modify an

ndary Opportunities IV (U.S.), L.P. (the "Access Fund"). The Access Fund is expected to invest substantially all of its assets in Glendower Capital Secondary Opportunities Fund IV, LP, an English private fund limited partnership (together with any parallel funds thereto, the "Underlying Fund"). To the extent that any statement

GLOUSI41 Greg Martin Glendower Capital Glendower Capital Secondary Opportunities Fund IV, LP Confidential Private Placement Memorandum CONFIDENTIAL - PURSUANT T

GLOUSI41 Greg Martin Glendower Capital Glendower Capital Secondary Opportunities Fund IV, LP Confidential Private Placement Memorandum CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00186745 DB-SDNY-0040561 EF

Greg Martin CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. Overview April 2018 STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND

I. STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND QUALIFIED INVESTOR USE ONLY 6 EFTA01398152 IIIIIIIIIIIkre g Martin Glendower Capital Secondary Opportunities Fund IV, LP 2nd QUARTER 2018 ACCREDITED INVESTORS AND QUALIFIED PURCHASERS ONLY STRICTLY CONFIDENTIAL EFTA01398153 Greg Martin Disclaimer This confi