Epstein Secrets

eceive a placement fee. With respect to this Access Fund, the Investment Manager will be entitled to receive an ongoing investor servicing fee from Glendower for services performed in respect of the Access Fund and its investment in the Underlying Fund based on the total capital commitment of the Access F

GLDLIS126 Pacific Life Insurance Co a number of instances in recent years in which pooled investment vehicles investing in third-party fluids have incurred substantial losses due to s

as a result the Access Fund's, investment returns. Furthermore, the margin requirements for cleared and uncleared OTC derivatives may require that Glendower, in order to maintain its exemption from commodity pool operator ("CPO") registration under CFTC Rule 4.I3(aX3), limit the Underlying Fund's ability

GLOUS126 Pacific Life Insurance Co options) markets. Similar changes are in the process of being adopted in the European Union. Japan, and other major financial markets. These chang

ssurance that the Underlying Fund will realize its rate of return objectives, will realize similar returns to past funds or investments sponsored by Glendower or its affiliates or will return any investor capital. The returns of the Access Fund will depend almost entirely on the performance of its investm

GLDLIS126 Pacific Life Insurance Co Raymond James and the other the Placement Agents having additional conflicts of interest with respect to the purchase of Interests by Investors. Ris

he date of the Underlying Fund's Final Admission Datel plus up to 5 one-year extensions (the first 3 one-year extensions are at the discretion of Glendower and the final 2 one-year extensions require the consent of the SOF IV advisory committee) CAPITAL CALLS For the purposes of making investments an

the Underlying Fund after deduction of such fees and expenses would be lower than the gross performance reflected in this EFTA01396747 GLDUS126 Pacific Life Insurance Co GLENDOWER ACCESS SECONDARY OPPORTUNITIES IV (U.S.), L.P. 3 IMPORTANT INFORMATION CONTINUED Presentation. Further, investors in the Access Fund wil

itled to enforce any rights against the Underlying Fund or the Glendower GP or any of their affiliates, assert claims against the Underlying Fund, Glendower or their affiliates or have any voting rights in the Underlying Fund. An investor in the Access Fund will have only those rights provided for in th

a, Slovenia, Spain, Sweden and the United Kingdom of Great Britain and Northern Ireland. Proprietary and Confidential 49 EFTA01396425 GLDUS126 Pacific Life Insurance Co return in respect of such investment, the composition of the ERISA Plan's portfolio, the liquidity and current return of the total portfolio relat