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Agent or its affiliate a one-time upfront sales charge or placement fee (a "Placement Fee) in connection with such Limited Partner's Subscription. The Placement Fee will equal up to 2.0% of the Limited Partner's Subscription, as determined by the applicable Placement Agent, and shall not be considered a capital

GLDUS124 BBR Partners Placement Agent; Placement Fee Marketing and Fund Servicing Fees Underlying Fund Management Fee Access Fund being a limited partner of the Und

uced to the Access Fund, a Placement Fee in an amount up to 2.0% of such Investor's Subscription, directly from such Investor for advisory services. The Placement Fee may differ among Placement Agents. In addition, depending upon each such Limited Partner's assets under management, among other factors, certain of

GLDUS124 BBR Partners III. CERTAIN RISK FACTORS AND POTENTIAL CONFLICTS OF INTEREST Potential investors should carefully consider the risks of an investment in the Acce

ws: Subscription in US$ Placement Fcc Rate from $5,000,000 or 1.00% greater from $3,000,000 to 1.50% $4,999,999 less than $3,000,000 2.00% The Placement Fee is a one-time sales charge in addition to and apart from the Subscription, calculated and payable upon closing at a rate determined with respect to

GLDUS124 BBR Partners Disclosure Statement Deutsche Bank Securities Inc. (the "Solicitation Agent"), Glendower Access Secondary Opportunities IV GP LLC ("Glendower") an