Epstein Secrets

pital. is typically a percentage of the net asset value an investor has in applicable iCapital Private Access Funds. Further, iCapital's affiliate. Institutional Capital Network, Inc., has committed CO an annual marketing spend with Fidelity through which it will promote the iCapital network to Fidelity's platform of registered i

GLDUS143 Henry Nicholas iCapital Advisors, LLC Form ADV Part 2A referred Investor's investment in a Fund, in which case such payment will be made by iCapital Securities.

The Gen II relationship will be managed by several iCapital executives. BNY Capital Corporation ("BNY") BNY holds a minority ownership interest in Institutional Capital Network, Inc., the parent company of iCapital. Certain of the Funds hold cash in accounts at BNY and utilize BNY administrative services. This relationship may c

GLDUS143 Henry Nicholas iCapital Advisors, LLC Form ADV Part 2A Funds. The Gen II relationship will be managed by several iCapital executives. BNY Capital Corporation ("

condary Opportunities IV (U.S.), L.P. as of the date first above written. GENERAL PARTNER: Glendower Access Secondary Opportunities IV GP LLC By: Institutional Capital Network, Inc., its sole member By: Name: -11400.AA5 f O eT t tJ Title: c c.) LIMITED PARTNERS: By: iCapital Advisors, LLC By: Institutional Capital Network,

GLDUS143 Henry Nicholas Proprietary and Confidential IN WITNESS WHEREOF, the undersigned have executed this Amended and Restated Limited Partnership Agreement of Glendowe

ement between the recipient and the General Partner or Investment Manager, if any. For additional information, please contact: Investor Relations Institutional Capital Network, Inc. (212) 994-7333 ird.icavitalnetwork.con Proprietary• and Confidential -vi- CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038758 CONF

GLOUS143 Henry Nicholas referenced. Neither Glendower nor the Underlying Fund is responsible for updating any information provided in this Memorandum. The minimum subscri

anager, is typically a percentage of the net asset value an investor has in applicable iCapital Funds. Further, the Investment Manager's affiliate, Institutional Capital Network, Inc., has committed to an annual marketing spend with Fidelity through which it will promote the iCapital network to Fidelity's platform of registered in

GLOUS143 Henry Nicholas Fidelity Relationship The Investment Manager has entered into collaboration and services agreements with Fidelity Brokerage Services LLC and Nation

nterest set forth next to the Limited Partner's signature above. Net Amount of Interest: $ Glendower Access Secondary Opportunities IV GP LLC By: Institutional Capital Network, Inc., its sole member By: Name: Title: PROPRIETARY AND CONFIDENTIAL 27 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038976 CONFIDENTI

GLOUS143 Henry Nicholas GENERAL PARTNER SIGNATURE PAGE Investors should skip this page. The General Partner for and on behalf of the Partnership hereby accepts the forego

nterest set forth next to the Limited Partner's signature above. Net Amount of Interest: $ Glendower Access Secondary Opportunities IV GP LLC By: Institutional Capital Network, Inc., its sole member By: Name: Title: PROPRIETARY AND CONFIDENTIAL 27 EFTA01395693 GLDUS143 Henry Nicholas WIRE INSTRUCTIONS Initial Capital Co

GLDUS143 Henry Nicholas 1 Disclosure Statement Deutsche Bank Securities Inc. (the "Solicitation Agent"), Glendower Access Secondary Opportunities IV GP LLC ("Glendower"

ited partners in the Access Fund will be lower than those from a direct investment in the Underlying Fund. iCapital Advisors, LLC, a subsidiary of Institutional Capital Network, Inc. (d/b/a iCapital Network), is an investment adviser registered with the U.S. Securities and Exchange Commission ("SEC"). The registrations and memb

GLDUS143 Henry Nicholas GLENDOWER ACCESS SECONDARY OPPORTUNITIES FUND IV (U.S.), L.P. CONFIDENTIAL Glendower Access Secondary Opportunities IV (U.S.), L.P. will invest s

eneral Partner without the consent or approval of the Limited Partners. The principal office of the Partnership shall be located initially at c/o Institutional Capital Network, Inc., 60 East 42nd Street, New York, NY 10165. The initial address of the Partnership's registered office in Delaware is Corporation Trust Center, 1209

GLDUS143 Henry Nicholas Execution Version Proprietary and Confidential AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF GLENDOWER ACCESS SECONDARY OPPORTUNITIES IV