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urchased 350+ mature fund interests at a discount over 10 years: • Average 20% discount to FMV • Average -80% funded at time of entry ill Source: Glendower's assessment based on portfolio management theory. There can be no asstrance that efforts to mitigate risk will be successful. Further. Glendower may
asstrance that efforts to mitigate risk will be successful. Further. Glendower may modify its portfolio constriction cnteria at and time afti in any Inwmer thm LA, Wives to be f)onsneent %Mtn iw overoli investmentrAddivN in respeelso to nialkst within:its or other l*:ftorit withaft notice to io.vestors. Inform
urchased 350+ mature fund interests at a discount over 10 years: • Average 20% discount to FMV • Average -80% funded at time of entry ill Source: Glendower's assessment based on portfolio management theory. There can be no assurance that efforts to mitigate risk will be successful. Further. Glendower may
assurance that efforts to mitigate risk will be successful. Further. Glendower may modify its portfolio constriction coterie at any time aryl in any Inwmer thm LA, Wives to be f.fonsneent %Mtn its overoli investment f.fbjeCtwe in respenso to maiket within:its or other l*:tors withut notice to investors. inform
urchased 350+ mature fund interests at a discount over 10 years: • Average 20% discount to FMV • Average -80% funded at time of entry ill Source: Glendower's assessment based on portfolio management theory. There can be no assurance that efforts to mitigate risk will be successful. Further. Glendower may
assurance that efforts to mitigate risk will be successful. Further. Glendower may modify its portfolio construction cntena at and time atvi in. any Inwmer thm LA,Wives to be t..sonsneent With ittl overoli investment gAgoCtive in reeLscelee to ntaukst conditionv or other l*.lorewithuit notice to lnvestore. Inf
Entities connected to both Glendower and Inwmer thm LA
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