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icholas Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record"• 2° As of September 30, 2017 the SOF Program has delivered a strong performance with aggregate gross performance since inception of 1.6x gross multiple and 28% IRR (Internal Rate of Return) and
el investors should consult wilh their own adesors as to the appropriate factors to be considered in evaluating this information Past performance of the SOF Furds is not a prediction of their ItAure performance or that d the Fund Carlo Pero-Beck Charles Smelt Ch Cheung and Deirdre Davies have waked together si
Martin Section 1: Execultre Summary Glendower Capital Secondary Opportunities Fund IV, LP Established track record"• 2° As of September 30, 2017 the SOF Program has delivered a strong performance with aggregate gross performance since inception of 1.6x gross multiple and 28% IRR (Internal Rate of Return) and
investors should consult with their own actrisors as to the appropriate factors to be considered in evaluating this information Past performance of the SOF Furds is rot a prediction of their future performance or that el the Fund Carle Przioaocii, Charles &rush. Chi Chewy and Deirdre Davies have worked togeth
n Slome Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong performance with aggregate gross performance since inception of 1.6x gross multiple and 28% IRR (Internal Rate of Return) and
l investors should consult with their own achw.ors as to the appropriate factors to be considered in evaluating this information Past performance of the SOF Furds a net a prediction of their future performance or that ci the Fund Carlo Pato-Sock Charles Smelt Ch Champ and Deirdre Davies have worked together si
iff INC Section 1: ExeCulive Summary Glendower Capital Secondary Opportunities Fund IV, LP Established track record"• 2° As of September 30, 2017 the SOF Program has delivered a strong performance with aggregate gross performance since inception of 1.6x gross multiple and 28% IRR (Internal Rate of Return) and
l investors should consult with their own adrisors as to the appropriate factors to be considered in evaluating this information Past performance of the SOF Furds is rot a prediction of their Mule performance or that cl the Fund Carle Przio-Bodi, Charles Smith. Chi Cheung and Deirdre Davies hove waked together
Entities connected to both the SOF Program and the SOF Furds

Prince Charles
PERSONCharles Smith
PERSONGlendower Capital
ORGANIZATIONthe SOF Team
ORGANIZATIONInternal Rate of Return
ORGANIZATIONDeirdre Davies
PERSONJoshua Glaser
PERSON
Deutsche Bank
ORGANIZATIONSOF H
ORGANIZATION
Larry Summers
PERSONCarlo Pirtioaroli
PERSON