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dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
35, 36, 37 In Exhibit 3, each of SOF, SOF D, SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30, 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout-lik
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
35, 36, 37 In Exhibit 3, each of SOF, SOF D, SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30, 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout-lik
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
35, 36, 37 In Exhibit 3, each of SOF, SOF D, SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30, 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout-lik
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
35, 36, 37 In Exhibit 3, each of SOF, SOF D, SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30, 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout-lik
dower Capital. Prior to Glendower, Adam spent ten years at Deutsche Bank where he was responsible for the secondary private equity business in the Americas and led the implementation and management of secondary transactions. Prior to joining Deutsche Bank, Adam led private equity secondary and co-inve
35, 36, 37 In Exhibit 3, each of SOF, SOF D, SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30, 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout-lik
Entities connected to both United States and the Cambridge Associates Global Buyout Benchmark

Prince Charles
PERSON
New York
LOCATION
Julie K. Brown
PERSON
Deutsche Bank
ORGANIZATION
United Kingdom
LOCATION
Michael Douglas
PERSON
North America
LOCATION
Madison
LOCATION
Milan
LOCATION
European Union
ORGANIZATION
Denmark
LOCATIONGlendower
LOCATION
Norway
LOCATION
Belgium
LOCATION
Credit Suisse
ORGANIZATIONGlendower Capital
ORGANIZATION
George Soros
PERSONCayman
LOCATION
Finland
LOCATION
Hungary
LOCATION