Epstein Secrets

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that, Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

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

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that, Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

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

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that, Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

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

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that, Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

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