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SOF Funds for remaining life of funds 2005 2006 EFTA01398163 2007 2010 2011 2014 2017 Team's history Carlo Pirzio-Biroli, Charles Smith, Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to restructure US$6bn Deutsche Bank PE proprietary portfolio Team raises SOF
2013 2014 Fund Secondary Source: Glendower Capital analysis and own estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Greenhill GP Solutions Discussion Materials, May 2017; and Dow Jones Private Equity Analyst Guide to the Secondary Market, June 2017. 2015 2016 2017 2018F 9 16 26
SOF Funds for remaining life of funds 2005 2006 EFTA01396803 2007 2010 2011 2014 2017 Team's history Carlo Pirzio-Biroli, Charles Smith, Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to restructure US$6bn Deutsche Bank PE proprietary portfolio Team raises SOF
2013 2014 Fund Secondary Source: Glendower Capital analysis and own estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Greenhill GP Solutions Discussion Materials, May 2017; and Dow Jones Private Equity Analyst Guide to the Secondary Market, June 2017. 2015 2016 2017 2018F 9 16 26
SOF Funds for remaining life of funds 2005 2006 EFTA01397476 2007 2010 2011 2014 2017 Team's history Carlo Pirzio-Biroli, Charles Smith, Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to restructure US$6bn Deutsche Bank PE proprietary portfolio Team raises SOF
2013 2014 Fund Secondary Source: Glendower Capital analysis and own estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Greenhill GP Solutions Discussion Materials, May 2017; and Dow Jones Private Equity Analyst Guide to the Secondary Market, June 2017. 2015 2016 2017 2018F 9 16 26
SOF Funds for remaining life of funds 2005 2006 EFTA01396126 2007 2010 2011 2014 2017 Team's history Carlo Pirzio-Biroli, Charles Smith, Chi Cheung, Deirdre Davies & Francesco Rigamonti start working together to restructure US$6bn Deutsche Bank PE proprietary portfolio Team raises SOF
2013 2014 Fund Secondary Source: Glendower Capital analysis and own estimates based on Greenhill Secondary Market Trends & Outlook, January 2018; Greenhill GP Solutions Discussion Materials, May 2017; and Dow Jones Private Equity Analyst Guide to the Secondary Market, June 2017. 2015 2016 2017 2018F 9 16 26
Entities connected to both Chi Cheung and Greenhill GP Solutions

Prince Charles
PERSONCharles Smith
PERSONGlendower
LOCATION
Deutsche Bank
ORGANIZATIONGlendower Capital
ORGANIZATIONDeirdre Davies
PERSONSOF IV
ORGANIZATIONEmilio Olmos
PERSONJoshua Glaser
PERSONFrancesco Rigamonti
PERSON
General Electric
ORGANIZATIONSOF Team
ORGANIZATION
United States
LOCATION
George Soros
PERSONEmilio
PERSON
Soros Fund Management
ORGANIZATIONColgate University
ORGANIZATION
Southern Europe
LOCATION
Cambridge University
ORGANIZATIONthe Italian Navy
ORGANIZATION