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ng a compelling risk / reward profile Net IRR2 2005 2008 2007 2008 2009 2010 2011 2012 2013 2014 2015 Vintage Year (1) Source Cumbricipo Awl:rotes Global Buyout Benchmark as of September 30. 2017. Thus information reflects a comparison of SOF. SOF D. SOF II & SOF III performance aoarnst one benchmark only Past padama
Internal Rate of Return. and DPI are pooled return aggregating all cash flows and ending NAVs in a sample to calculate a doiqr-weighted retail. Net IRRts are nut of fees. wept:ruses and carried tamest Cambridge, Associates research shortie that most funds OKA al least six yearsto SW% into their final q
g a compelling risk / reward profile Net IRR2 2005 2008 2007 2008 2009 2010 2011 2012 2013 2014 2015 Village Year (1) Source' Cambridoe At=tcsates Global Buyout Benchmark as of September 30. 2017. This information reflects a comparison of SOF. SOP D. SOF II & SOF Ill performance easeful one benchmark only Past padann
nternal Rate of Return. and DPI are pooled return aggregating all cash flours and ending NAVs in a sample to calculate a doier-weighted Fetish. Not IRRts are nut of fees. erupt:ruses and carried tattiest Cambiktge Associates research shows that 0166l funds lake at least sax yearsto settle into then fil
ng a compelling risk / reward profile Net IRR2 2005 2008 2007 2008 2009 2010 2011 2012 2013 2014 2015 Vintage Year (1) Source Cumbricipo Awl:rotes Global Buyout Benchmark as of September 30. 2017. Thus information reflects a comparison of SOF. SOF D. SOF II & SOF III performance aoarnst one benchmark only Past padama
Internal Rate of Return. and DPI are pooled return aggregating all cash flows and ending NAVs in a sample to calculate a doiqr-weighted retail. Net IRRts are nut of fees. wept:ruses and carried tamest Cambridge, Associates research shortie that most funds OKA al least six yearsto SW% into their final q
g a compelling risk / reward profile Net IRR2 2005 2008 2007 2008 2009 2010 2011 2012 2013 2014 2015 Vintage Year (1) Source: Cambridge Ae=tcsates Global Buyout Benchmark as of September 30. 2017. This information toffees a comparison of SOF. SOP D. SOF II & SOF III performance amainst one benchmark only Past petiole
ternal Rate of Return. TVPI and DPI are pooled return awiegating all cash flows and ending NAVs in a sample to calculate a doier-vonghted renew. Net IRRts ate nut of fees. eve:ruses and veried tilt:rest Cambridge Associates research shows that most funds take al least sue yearsto set% into tires final q
Entities connected to both Global Buyout Benchmark and IRRts
Glendower
LOCATIONSOF D. SOF II & SOF III
ORGANIZATIONSOF II'
ORGANIZATIONIniormeaionixesendel
ORGANIZATIONPard-In Capital
ORGANIZATIONBuyout Top Cradle *SOF Program
PERSONCumbricipo Awl
PERSONOKA al least
PERSON