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dary market has consistently transacted an average of US$40 billion a year and in 2017 showed another significant jump in volume to US$58 billion.5° Glendower believes that the record volumes are being driven primarily by: (i) increases in the number of transactions, and (ii) a greater number of small to m
lenCkrrier Capital analysis based cn Greenhd Secondary Market Trends & Outlook January 2018. Greenhd GP Solutaxes Discussion Matenals. May 2017, and Dow Jones Private EcsotyAnslyet Grade lo Secondary Market June 2017 Confidential Prnrato Placement Memorandum 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) D
e) traded at significantly larger discounts. There is an even greater price gap for perceived -out-of-favor funds and lower-quality managers. It is Glendower's opinion that staying focused on bottom-up fund and asset selection, often resulting in acquiring one or only a few funds from a given seller. may
endower Capital based on 2018 Preqin Global Prarate Equity 8 Venture Capital Report. Greenhill Secondary Market Trends It ourdook. January 2018, and Dow Jones Private Equity Analylt Gude to the Secondary Merkel. June 2011 Greenml Secondary Market Trends 8 Outeck January 2018 Private equity funds typically report
e) traded at significantly larger discounts. There is an even greater price gap for perceived -out-of-favor funds and lower-quality managers. It is Glendower's opinion that staying focused on bottom-up fund and asset selection, often resulting in acquiring one or only a few funds from a given seller. may
an Glendower Captal based on 2018 Preqin Global Prwate Equity 8 Venture Capital Report. GreenM Secondary Market Trends It ouecok. January 2018, and Dow Jones Private Equity Analyit Gude to the Secondary Markel June 2011 Greenns Secondary Market Trends 8 Outock January 2018 Private equity funds typically report i
e) traded at significantly larger discounts. There is an even greater price gap for perceived -out-of-favor funds and lower-quality managers. It is Glendower's opinion that staying focused on bottom-up fund and asset selection, often resulting in acquiring one or only a few funds from a given seller. may
Glendower Capital based on 2018 Preqin Global Private Equity 8 Venture Capital Report. Greats. Secondary Market Trends It ourdook. January 2018, and Dow Jones Private Equity Analylt Gude to the Secondary Merkel. June 2011 Greenml Secondary Market Trends 8 Outeck January 2018 Private equity funds typically report
e) traded at significantly larger discounts. There is an even greater price gap for perceived -out-of-favor funds and lower-quality managers. It is Glendower's opinion that staying focused on bottom-up fund and asset selection, often resulting in acquiring one or only a few funds from a given seller. may
Glendower Capital based on 2018 Preqin Global Pmfate Equity 8 Venture Capital Repat. Greenhill Secondary Market Trends & outlook. January 2018, and Dow Jones Private Equity Analylt Gude to the Secondary Market June 2011 Greenml Secondary Market Trends 8 Outook January 2018 Private equity I unds typically report
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