Epstein Secrets

• 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

Proprietary Alternative Funds Family Office N/A Alternative Funds Alternative Funds N/A Alternative Funds Public to Private EFTA01396871 Limited Process SWF Deal type GP-led Secondary Single Asset Deal Fund Secondary Fund Secondary Fund Secondary GP-led Secondary GP-led Secondary Single Asset Dea

• 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

Proprietary Alternative Funds Family Office N/A Alternative Funds Alternative Funds N/A Alternative Funds Public to Private EFTA01397544 Limited Process SWF Deal type GP-led Secondary Single Asset Deal Fund Secondary Fund Secondary Fund Secondary GP-led Secondary GP-led Secondary Single Asset Dea

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

Proprietary Alternative Funds Family Office N/A Alternative Funds Alternative Funds N/A Alternative Funds Public to Private EFTA01396194 Limited Process SWF Deal type GP-led Secondary Single Asset Deal Fund Secondary Fund Secondary Fund Secondary GP-led Secondary GP-led Secondary Single Asset Dea