Epstein Secrets

heir respective affiliates or any of their respective advisors, officers, directors, employees, partners or members (together with the Glendower GP, Glendower Capital, LLP and Glendower Capital (U.S.), LLC, "Glendower") for any breach of the Underlying Fund LPA. To the fullest extent permitted by law, the Access

GLDUSt 31 Bright Group organized under the laws of a relevant member state (each, a "Member State) of the European Economic Area ("EEA')I when such marketing is reasonabl

endower Access Secondary Opportunities IV (U.S.), L.P. (the "Access Fund"). The Access Fund is expected to invest substantially all of its assets in Glendower Capital Secondary Opportunities Fund IV, LP, an English private fund limited partnership (together with any parallel funds thereto, the "Underlying Fund").

GLDUS131 Bright Group Glendower Access Secondary Opportunities IV (U.S.), L.P. Limited Partnership Interests This supplement (the "Supplement") is intended to modify an

ondary market. Target Size US$1 75 billion. Minimum Commitment US$5 million. Fund Structure English private fund limited partnership. Manager Glendower Capital. LLP, which is authorized and regulated in the UK by the FCA. The Manager will appoint its affiliate. Glendower Capital (U.S.), LLC, to provide inve

GLDUS131 Bright Group Sedan 3: Summary of Principal Terms Glendower Capital Secondary Opportunities Fund IV. LP Summary of Principal Terms The following is a summary o

rs Carlo Pinio-Biroll (52), Managing Partner and Chief Executive Officer. Based in London, Carlo is a Managing Partner & Chief Executive Officer of Glendower Capital. Prior to Glendower. Carlo spent 15 years at Deutsche Bank where he co-founded and has led the SOF Business since 2006. From 2003 to 2006 he partici

GLIDUS131 Bright Group Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP From time to time, end as appropriate, the Manager may invite add

ands as an exempted limited company. General Partner's Share The profit share distnbuted to the General Partner by the Fund Glendower Capital or Glendower Capital. LLP. an English limited liability partnership. Glendower Glendower SOF Team As defined in Section 1 Executive Summary. GP The general partner. m

GLDUS131 Bright Group Glendower Capital Secondary Opportunities Fund IV. LP Fund Advisory The advisory committee. comprising representatives of certain Limited Partners

GL0US131 Bright Group Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent partnership Established platform Seasoned team Extensive database & relationships Established operational process

GL0US131 Bright Group Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part

12 2014 2016 2018 -10 players -10 players >50 players (I; Glendower Capital own market segmentation analysis. Data source: Pregin database end Glendower Capital own market intelligence as of November 2017. Includes target fund sizes for funds that are currently raising. Glendower Capital STRICTLY CONFID

GLDUS131 Bright Group SOF Funds positioned as mid-sized value investor Below large levered beta players, above small local funds Secondary funds raised or in fundraisin