Epstein Secrets

GLDUS132 EverWatCh Financial Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund M LP In Exhibit 2 each of SOF. SOF D. SOF II and SOF III is benchmarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017)

EJASEe that any target resultswill be acreenal DPI = Cearlautions to Paid-In Capital. RVOI = Residual Value to Pawlan Caprtal. TVPI = Total Value to Paidan Capital '4 Source' Cambridge Asecciatee GOD& Buyout eenChinalk as of September 30. 2017. The information reflects a companson of SOF. SOF D. SOF II Et SOF

GLDUS144 Glenn Warren Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund M LP In Exhibit 2 each of SOF. SOF D. SOF II and SOF III is benchinarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017

% Ex that any target resultswill be acheved j1 DPI = Prarbutions to Paid-In Capital. RVOI = Residual Value to Paelan Capital. TVPI = Total Value to Paidan Capital '4 Source' Cambridge Associates GOD& Buyout Benchmark as of September 30. 2017. The int ormaeon reflects a comparison of SOF. SOF D. SOF II Et SOF

LDUS130 Aspen Grove Capital, LLC Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund IV, LP In Exhibit 2 each of SOF. SOF D. SOF II and SOF III is benchinarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017

fo3EJASEe that any target resultswill be acreeitel DPI = Derbubons to Pardin Capital. RVPI a Residual Value to Pagan Capital. TVPI = Total Value to Paidan Capital '4 Source' Cambridge Associates GOO& Buyout Benchmark as of September 30. 2017. The 'Norma/an reflects a companson of SOF. SOF D. SOF II SOF III p

GLDUS137 Forrestal Capital LLC Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund IV, LP In Exhibit 2 each of SOF. SOF D. SOF II and SOF III is benchinarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017

e MOWS* that any target resultswill be acreertxt DPI = Cwarbutions to Paid-In Caput. RVOI = Reerdual Value to Pa elan Capital. TVPI = Total Value to Paidan Capital '4 Source' Cambridge Associates GOD& Buyout Benchmark as of September 30. 2017. The information reflects a companson of SOF. SOF D. SOF II SOF III