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GL0USI 41 Greg Martin Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund TV, 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)
II and SOF III as of September 30.2017 and should be read and reviewed in CianpiletCn and *hand be read and reviewed in conjunction with Appendix 5 Important Pet nine Intrination which sets forth amongst other throe important information regarding the performance seated above Confidential Prrvato Placement Memorandum 9 CON
GLDUS124 BBR Partners Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund TV, 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)
11 and SDP III as of September 30.2017 and should be read and reviewed in CianpiletCn and *hand be read and reviewed in conjunction with Appendix 5 Important Pet nine Intrination which sets forth amongst other throe important mfamation regarding the performance gestated above Confidential Private Placement Memorandum 9 CON
DLDUS129 DF Enterprises 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 benchmarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017)
9CF 1l and SOF in as al Standby 30.2017 arid shwid be read and reviewed in COnpriCtCn and *hand be lead and IOV,OW03 in conjunction with Appendix 5 Important Pet nine Intrination which sets forth amongst other throe important nfamalion regarding the pedcanance awaited above Confidential Prrvato Placement Memorandum 9 CONFI
Entities connected to both SOF D. SOF II and Important Pet nine Intrination
Glendower
LOCATIONCambridge Associates Secondary Fund Benchmark
ORGANIZATIONthe Cambridge Associates Global Buyout Benchmark
ORGANIZATIONSOF Fulls 6
ORGANIZATIONKemal
PERSONConfidential Prrvato Placement Memorandum
ORGANIZATIONCianpiletCn
PERSON