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23% 12.5% or a whole fund basis Peak re: car ININ.ted caprvl 76% 51% 42% 44% Hurdle rate: Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew twt I RR to Irioec paOrelt SA.03.;:e. y 'u Wt Ne:inultilk to £r,tet prrtnets‘ 4 to, . a ie w r A y r i. t, a :4
prrtnets‘ 4 to, . a ie w r A y r i. t, a :4 nro•Ift tar wn•lf :kr II. Woo 01•6). 111 11111 23.6 cf,x.;rrtorit. rt,g, (iv lw rOi...reo Aztrerito: Mvest,;+: ;^'2u•: /7.:d f :in:1;430n Th,s nv..:O,:oi IS Zr.') ; . tC .•, e• LX :aro 'nay onik r•-• eitii rkr.e. s;:f .; NOS.: -art. St‘I:ty :s
23% 12.5% or a whole fund basis Peak re: car ININ.ted caprvl 76% 51% 42% 44% Hurdle rate: Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew twt I RR to Irioec paOrelt SA.03.;:e. y 'u Wt Ne:inultilk to £r,tet prrtnets‘ 4 to, . a ie w r A y r i. t, a :4
prrtnets‘ 4 to, . a ie w r A y r i. t, a :4 nro•Ift tar wn•lf :kr II. Woo 01•6). 111 11111 23.6 cf,x.;rrtorit. rt,g, (iv lw rOi...reo Aztrerito: Mvest,;+: ;^'2u•: /7.:d f :in:1;430n Th,s nv..:O,:oi IS Zr.') ; . tC .•, e• LX :aro 'nay onik r•-• eitii rkr.e. s;:f .; NOS.: -art. St‘I:ty :s
% 23% 12.5% or a whole fund basis Peak re: cart/4,4,4d capr4I 76% 51% 12% 44% Hurdle rate: Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew iwt i RR to InKt• y 'u Wt Ne:inultilk to irote4 hirtnet0 o'N Wr 14o • 0.1 S • I •, I • 03 ie w r A y r i.
I •, I • 03 ie w r A y r i. t, a :4 n4P•14i %di wn•lf :kr II. Woo 01•6). 1 1 ll 1111 7?•:; cf,x.;,•orit. rt,g, (iv ,te rOi...rec. Aztrerito: Mvest,;+: Qui26(..:d f Th,s nv.•:..,?cd is ;tr.,..) OVCI: NS:. - tieoy 0:1iy •;:fA: .; 7f ihr4fri ecyro c!? C 3 ji>. .:I3c.!•-•nc; :rdirirm
23% 12.5% or a whole fund basis Peak re: car ININ.ted caprvl 76% 51% 42% 44% Hurdle rate: Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew twt I RR to Irioec paOrelt SA.03.;:e. y 'u Wt Ne:inultilk to £r,tet prrtnets‘ 4 to, . a ie w r A y r i. t, a :4
prrtnets‘ 4 to, . a ie w r A y r i. t, a :4 nro•Ift tar wn•lf :kr II. Woo 01•6). 111 11111 23.6 cf,x.;rrtorit. rt,g, (iv lw rOi...reo Aztrerito: Mvest,;+: ;^'2u•: /7.:d f :in:1;430n Th,s nv..:O,:oi IS Zr.') ; . tC .•, e• LX :aro 'nay onik r•-• eitii rkr.e. s;:f .; NOS.: -art. St‘I:ty :s
23% 12.5% or a whole fund basis Peak re: car ININ.ted caprvl 76% 51% 42% 44% Hurdle rate: Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew twt I RR to Irioec paOrelt SA.03.;:e. y 'u Wt Ne:inultilk to £r,tet prrtnets‘ 4 to, . a ie w r A y r i. t, a :4
prrtnets‘ 4 to, . a ie w r A y r i. t, a :4 nro•Ift tar wn•lf :kr II. Woo 01•6). 111 11111 23.6 cf,x.;rrtorit. rt,g, (iv lw rOi...reo Aztrerito: Mvest,;+: ;^'2u•: /7.:d f :in:1;430n Th,s nv..:O,:oi IS Zr.') ; . tC .•, e• LX :aro 'nay onik r•-• eitii rkr.e. s;:f .; NOS.: -art. St‘I:ty :s
Sef 111 las! 7014 (earystor) 1451.654r I./5$),440n 15/ 149 / 2•37 13x 0.34 30% 42% 44% Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performancew vscm. nu, twtIRRN)Irioec pa Orel y h,&t Ne:inultilk to %%WC wanes' a.. No 4 4 to, . • 03 ie w r A y r i. t,
to, . • 03 ie w r A y r i. t, a :4 too n4P•14i %di wn•lf :kr II. :5. 09' 23% Woo 01•6). 7?•:; cf,x.;,•orit. rt,g, lift rOi...reo Aztrerito: Mvest,;+: Qui26(..:d f Th,s nv..:O,:oi IS ;zr.‘) tC .•, e, f.•• :aro. tnoyorliyt-- :ntst rirerie wrrairz •;:f .; NOS.: •Irt. St‘I:::3' :Ste
Entities connected to both Cambridge Associates' and Aztrerito
Glendower
LOCATIONSOF IV
ORGANIZATIONSecondary Opportunities Fund IV
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONGlendower Capital
ORGANIZATIONPartner & CIO
ORGANIZATIONRelaticrs
PERSONCnyles &min
ORGANIZATIONIrioec
ORGANIZATIONCaro Pirzio
PERSONSt‘I
ORGANIZATION