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GLDUS132 EverWatch Financial Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance' 7'3 Secondary funds: Net IRR4 to limited partners Secondary funds: Net multiples to limited partners 50% - 45% - 40%
% - 45% - 40% - 35% et 30% - ix 1; 25% - 5% - 0% + Upper Quartile S0F 22% t Lower Quartile • Median SOF D 29% SOF II 20% criir t SOF Ill 30% 04 05 06 07 08 09 10 11 12 13 14 2 5x 0.5x • 0.0x SOF TVPI = 1.84x DPI = 1.80x SOF D TVPI =2.3x DPI = 2.1x SOF II TVPI = 1
GLOUS238 SOUTHERN FINANCIAL LLC Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance' 7'3 Secondary funds: Net IRR4 to limited partners Secondary funds: Net multiples to limited partners 50% - 45% - 40%
SOP I arid SOF oerforniarce against one benchmark only; quail ea may differ when compared to other benchrruir king agates. SUF. 50F J. SCrrii and SOF Ill data is not included in the data sew teed to calculatethe banclarnatk data (21 Information inserted in this chart its based on the watched results o
GLDUS238 SOUTHERN FINANCIAL LLC Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance' 7'3 Secondary funds: Net IRR4 to limited partners Secondary funds: Net multiples to limited partners 50% - 45% - 40%
I arid SO)- III performa e against one benchmark a=y; gualt*ea maydiffer when "cumbered to ether benotenarking souites. SOF. ra SOF J. SCir i and SOF Ill data isnot included in the data sin used to calculate the berictiria it data (21 Inlormalion Eves reed in this chair le based on the waialteg fevers
Entities connected to both Cambridge Associates' and SOF Ill
Glendower
LOCATIONSOF IV
ORGANIZATION
Mozart
PERSONFalco
PERSONChaucer
PERSONJanos
PERSONFitzgerald II
PERSON
George Mitchell
PERSON
Sutherland
PERSONMalcolm
PERSONthe 'Important Information
ORGANIZATION