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PI '12 '13 EFTA01395060 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002

SECONDARY OPPORTUNITIES FUND IV, LP GENERAL PARTNER Glendower Capital, LLP INVESTMENT MANAGER Glendower Capital SOF IV (GP) Limited STRUCTURE English Private Fund Limited Partnership STRATEGY Invest in private equity assets on the secondary market globally MINIMUM COMMITMENT $5 Million FUND TERM 7 years from the date of the

PI '12 '13 EFTA01395725 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002

SECONDARY OPPORTUNITIES FUND IV, LP GENERAL PARTNER Glendower Capital, LLP INVESTMENT MANAGER Glendower Capital SOF IV (GP) Limited STRUCTURE English Private Fund Limited Partnership STRATEGY Invest in private equity assets on the secondary market globally MINIMUM COMMITMENT $5 Million FUND TERM 7 years from the date of the

PI '12 '13 EFTA01397425 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can

SECONDARY OPPORTUNITIES FUND IV, LP GENERAL PARTNER Glendower Capital, LLP INVESTMENT MANAGER Glendower Capital SOF IV (GP) Limited STRUCTURE English Private Fund Limited Partnership STRATEGY Invest in private equity assets on the secondary market globally MINIMUM COMMITMENT $5 Million FUND TERM 7 years from the date of the

PI '12 '13 EFTA01396752 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can

SECONDARY OPPORTUNITIES FUND IV, LP GENERAL PARTNER Glendower Capital, LLP INVESTMENT MANAGER Glendower Capital SOF IV (GP) Limited STRUCTURE English Private Fund Limited Partnership STRATEGY Invest in private equity assets on the secondary market globally MINIMUM COMMITMENT $5 Million FUND TERM 7 years from the date of the