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the Individual fund IRRs included in a vintage year and are used in conjunction with the median to determine quartile placement (minimum R4 funds. Glendower Capital STRICTLY CONFIDENTIAL 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038589 CONFIDENTIAL SDNY_GM_00184773 EFTA0135399
2015 Vintage Year (1) Source: Cambridge Awl:sates Global Buyout Benchmark as of September 30. 2017. This information neffects a comparison of SOF. SOF D. SOF II & SOF III performance aosurtst one benchmark only Past padanhatte is ria grediesion c' the inure perferrnarze of SOF. SOF D, SOP .2i. SOF tem Iribludel t
he Individual fund IRRs included in a vintage year and are used in conjunction with the median to determine quartile placement (minimum 84 funds.' Glendower Capital STRICTLY CONFIDENTIAL 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082794 CONFIDENTIAL SDNY_GM_00228978 EFTA0138314
2015 Vintage Year (1) Source Cumbricipo Awl:rotes Global Buyout Benchmark as of September 30. 2017. Thus information reflects a comparison of SOF. SOF D. SOF II & SOF III performance aoarnst one benchmark only Past padamacroe is na aprediaion c' the kture pederrnarze of SCF. SOF D, SOP .2i. SOF II' tait r:; Included
he Individual fund IRRs included in a vintage year and are used in conjunction with the median to determine quartile placement (minimum f.4 funds) Glendower Capital STRICTLY CONFIDENTIAL 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094309 CONFIDENTIAL SDNY_GM_00240493 EFTA0138994
015 Vintage Year (1) Source: Cambridge Ao=crciates Global Buyout Benchmark as of September 30. 2017. This information ieffects a comparison of SOF. SOF D. SOF II & SOF III performance aosinst one benchmark only Past parfauwactoe is na apreditrAion c' the inure performarze of SOF. SOF D, SOP .2i. SOF III tai loriuded
he Individual fund IRRs included in a vintage year and are used in conjunction with the median to determine quartile placement (minimum 84 funds.' Glendower Capital STRICTLY CONFIDENTIAL 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0055072 CONFIDENTIAL SDNY_GM_00201256 EFTA0136452
2015 Vintage Year (1) Source Cumbricipo Awl:rotes Global Buyout Benchmark as of September 30. 2017. Thus information reflects a comparison of SOF. SOF D. SOF II & SOF III performance aoarnst one benchmark only Past padamacroe is na aprediaion c' the kture pederrnarze of SCF. SOF D, SOP .2i. SOF II' tait r:; Included
incfnicival fund IRRs irolt.deri n a vintage year and are used in conjunction with the median to determine quartile placement rmininnen s/4 funds' Glendower Capital STRICTLY CONFIDENTIAL IS CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094741 CONFIDENTIAL SDNY_GM_00240925 EFTA0139028
15 Village Year (1) Source: eaMbltelge Assouatos Global Buyout Bertchmadc as of Sept embor 30. 2017. This information reflects a comparison of SOF. SOF D. SOF II & SOF III performance against one benchmark only Past berfarrnance is fiat a crediction of the future performarce of SOF. SOF D, SOF II or SOF but Ito atril
e individual fund IRRs included xi a vintage year and are used in conjunction with the median to determine quartile placement (mininnen (i4 funds) Glendower Capital STRICTLY CONFIDENTIAL 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0100363 CONFIDENTIAL SDNY_GM_00246547 EFTA0139436
2015 Vintage Year (1) Source: Cambridge Awl:rotes Global Buyout Benchmark as of September 30. 2017. Thus information reflects a comparison of SOF. SOF D. SOF II & SOF III performance aoterist one benchmark only Past parianwarrot is na a turediaion c' the ititure performaree of SOF. SOF D, SOP Cit SOF III ttit nil la
Entities connected to both Glendower and SOF D. SOF II & SOF III
Global Buyout Benchmark
ORGANIZATIONIRRts
ORGANIZATIONPard-In Capital
ORGANIZATIONIniormeaionixesendel
ORGANIZATIONSOF II'
ORGANIZATIONBuyout Top Cradle *SOF Program
PERSONCumbricipo Awl
PERSONOKA al least
PERSON