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his information Past performance of the SOF Funds is net a prediction of their future performance or that d the Fund Carlo Pero-Beck Charles Soneh. Chi Cheung and Deirdre Davies have waked together since 2003 Adam Greer Name part of the SOF Team in 2007 and Joshua Glaser in 2013 rt Source Glendower Caper
GLDUS140 Lawrence Hirsch Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV. LP Established track record"• 2° As of September 30, 2017 the SOF
ng worked together from 2003 to 2006 to restructure and wind down Deutsche Bank's E5.1 billion proprietary balance sheet private equity portfolio.' Chi Cheung and Deirdre Davies (Partners of Glendower) and Francesco Rigamonti (Senior Advisor to Glendower) were pan of the team initially assembled by the Man
GLDUS140 Lawrence Hirsch Section 1: Executive Summary Glendower Capital Secondary Opportunities Fund IV. LP Executive Summary Overview Glendower Capital Secondary Opport
nt professionals dedicated to originating, valuing and managing secondary investments. Five of the team members, Carlo Pirzio-Biroli, Charles Smith, Chi Cheung, Adam Graev and Francesco Rigamonk,72 have worked together since 2007 and together with Emilio Olmos, the Principal (Rikesh Mohandoss) and the five
GLOUS140 Lawrence Hirsch Section 5 Fund Management Glendower Capital Secondary Oppodundies Fund IV. LP Fund Management Glendower Capital Glendower Capital is an independ
d Management. Adam began his career as a financial analyst in technology investment banking at Cowen & Co. Adam holds a BA from Colgate University. Chi Cheung (40), Partner. Based in London. Chi is a Partner of Glendower Capital. Prior to Glendower. Chi spent 19 years at Deutsche Bank where he was a foundi
GLOUS140 Lawrence Hirsch Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP From time to tine. and as appropriate, the Manager may invite add
onal processes - Integrated, self-contained processes - Developed by the Team over 10 years Team's history Carlo Pirzio-Biroli. Charles Smith. Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to Team Tearn Team restructure USS6bn raises raises raises Deutsche Bank PE
GLIDUS140 Lawrence Hirsch Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part
Entities connected to both Chi Cheung and Lawrence Hirsch

Lawrence Krauss
PERSONGlendower
LOCATION
Prince Charles
PERSONCharles Smith
PERSONGlendower Capital
ORGANIZATIONAdam Graev
PERSON
Deutsche Bank
ORGANIZATIONDeirdre Davies
PERSONSOF IV
ORGANIZATIONAccess Fund
ORGANIZATIONEmilio Olmos
PERSONJoshua Glaser
PERSON
United States
LOCATIONthe SOF Program
ORGANIZATIONiCapital Advisors
ORGANIZATIONSOF Team
ORGANIZATIONFrancesco Rigamonti
PERSON
General Electric
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATION
Credit Suisse
ORGANIZATION