Epstein Secrets

dower 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")

Martin Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV, LP University of Pennsylvania's Wharton School of Business. Philippe Ferneini (34), Vice President. Based in London, Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. P

dower 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")

ld Ford Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV, LP University of Pennsylvania's Wharton School of Business. Philippe Ferneini (34), Vice President. Based in London, Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. P

dower 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")

ance Co Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV, LP University of Pennsylvania's Wharton School of Business. Philippe Ferneini (34), Vice President. Based in London, Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. P

dower 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")

icholas Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV, LP University of Pennsylvania's Wharton School of Business. Philippe Ferneini (34), Vice President. Based in London, Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. P

dower 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")

Capital Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV, LP University of Pennsylvania's Wharton School of Business. Philippe Ferneini (34), Vice President. Based in London, Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. P

• Single LP position • Portfolios of LP positions • Fund of funds • LP tenders Marketl • Many participants • 10-15% IRR / 1.3-1.4x MOIC gross Glendower Capital Deal size Expected allocation Deals since 20072 Gross returns2 SOF (harvested)3 SOF II (maturing)3 SOF III (early stage)3 Buy aggressively du

New York Emilio Olmos 15 Managing Director — London ADIA; UBS; Deutsche Bank; Credit Suisse MSc, HEC Paris; MEng, Polytechnic Univ. of Madrid Philippe Ferneini 9 Vice President, London 3 years with the team Sheldon Lee 2 Analyst, London Joined in 2018 [hiring — 1018] -Vice President, Tax, New EF

• Single LP position • Portfolios of LP positions • Fund of funds • LP tenders Marketl • Many participants • 10-15% IRR / 1.3-1.4x MOIC gross Glendower Capital Deal size Expected allocation Deals since 20072 Gross returns2 SOF (harvested)3 SOF II (maturing)3 SOF III (early stage)3 Buy aggressively du

New York Emilio Olmos 15 Managing Director — London ADIA; UBS; Deutsche Bank; Credit Suisse MSc, HEC Paris; MEng, Polytechnic Univ. of Madrid Philippe Ferneini 9 Vice President, London 3 years with the team Sheldon Lee 2 Analyst, London Joined in 2018 [hiring — 1018] -Vice President, Tax, New EF

• Single LP position • Portfolios of LP positions • Fund of funds • LP tenders Marketl • Many participants • 10-15% IRR / 1.3-1.4x MOIC gross Glendower Capital Deal size Expected allocation Deals since 20072 Gross returns2 SOF (harvested)3 SOF II (maturing)3 SOF III (early stage)3 Buy aggressively du

New York Emilio Olmos 15 Managing Director — London ADIA; UBS; Deutsche Bank; Credit Suisse MSc, HEC Paris; MEng, Polytechnic Univ. of Madrid Philippe Ferneini 9 Vice President, London 3 years with the team Sheldon Lee 2 Analyst, London Joined in 2018 [hiring — 1018] -Vice President, Tax, New EF

re affiliated with DBSI. STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL AND QUALIFIED INVESTOR USE ONLY 6 EFTA01396115 GLDUS125 Gerald Ford Glendower Capital Secondary Opportunities Fund IV, LP 2nd QUARTER 2018 ACCREDITED INVESTORS AND QUALIFIED PURCHASERS ONLY STRICTLY CONFIDENTIAL EFTA01396116 GL

New York Emilio Olmos 15 Managing Director — London ADIA; UBS; Deutsche Bank; Credit Suisse MSc, HEC Paris; MEng, Polytechnic Univ. of Madrid Philippe Ferneini 9 Vice President, London 3 years with the team Sheldon Lee 2 Analyst, London Joined in 2018 [hiring — 1018] -Vice President, Tax, New EF