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itute Capital Remt Greenhill Se.e..oritiary tslyvket Tftlroli are: ChYti Jorielt Private Ect .ty Analyst Guide 1:: Secondary Itarket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0093888 SDNY_GM_00240072 EFTA01389529
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e Capnal I.11.retwihill Secondary Piliwket Tres & .blmacy IS; arci Dow Jones Private &Italy Analyst Guide to the Seconckary Itirket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0038602 SDNY_GM_00184786 EFTA01354010
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital based on 21118 Preqin t2.4obal Private Equity & Venture Capnal I.11.retwihill Secondary Pili
Greenhill Secondary Piliwket Tres W & ok, ..ljnt.. IS; ary S: arci Dow Ivrea Private Ecitity Mats: Seconckary Market. June 2017. Guide to the Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0039469 SDNY_GM_00185653 EFTA01354871
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital based on 2ifie Preqin Gobal Priate Equity & Venture Capnal Rep/...it. Greenhill Secondary Pil
Greenhill Secondary iwket Tres .. ds & ok, kank IS; ary S: arci Dow Ivrea Private &Italy Anais: Seconckary Market. June 2017. Guide to the Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00186958 DB-SDNY-0040774 EFTA01355564
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital bawd on 201e Preicon 12.4obal Priate Equily & Venture Capnal Repe...it. Pil Greenhill Second
t. Greenhill Secondary fctl-wket Tres W & ok, ..ljnt...ary XIS: arci Dow Ivrea Private EcitiII? Mats: Seconckary Market. June 2017. Guide to the Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0055085 SDNY_GM_00201269 EFTA01364537
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Prettin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. CZ Source- Glendower Capital based on 2uta Preqin Gobal Priate Equity & Venture Capnal Rep/...it. Greenhill Secondary fctl-
t. Greenhill Secondary Piliwket Tres W & ok, ..lank IS; ary S: arci Dow Ivrea Private &Italy Anais: Seconckary Market. June 2017. Guide to the Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0096066 SDNY_GM_00242250 EFTA01391247
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital based on 2ifie Preqin 12.4obal Priate Equity & Venture Capnal Repe...it. Greenhill Secondary
Vefiture Capnal Socoridart fsil-wkot Tres & Wok, jznoary XIS: acct Dow Jarvis Private Eqtaty An Guide to 11-te Sr7conckary Itirket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0096961 SDNY_GM_00243145 EFTA01391872
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2015 Preqin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) $ource- Glundower Capital based on 2ifie Proqin Gobal Private Equily & Vefiture Capnal Socoridart fsil-wkot Tres & Wok
apnal wi I.11.rethill Socorid k.ae,o art Trierejti & XIS: arci Dow Jarvis Private &Italy Analyst Guide to ₹he Sr7conckary Itirket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0097824 SDNY_GM_00244008 EFTA01392577
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) $ource- Glendower Capital based on 2018 Proqin t2.4obal Private Equity & Vefiture Capnal wi I.11.rethill Socorid k.ae
efiture Capnai Repc,it, Sef.oridary Piliwket Trierejti & XIS; arci Dow Jarvis Private Easily Analyst Guide to the Seconikary kirket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00246993 DB-SDNY-0 100809 EFTA01394767
• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital lawn on 2ifie Preqin Gobal Private Equity & Vefiture Capnai Repc,it, Sef.oridary Piliwket Tr
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