Epstein Secrets

re subject to investment risks, including possible invested. Further, the securities described in this presentation have not been registered under the United States Securities Act of 1933 or the Investment Company Act of 1940. We or persons associated with us may earn compensation from the fund described in th

arly stage) US$1,654m 29 / 75 / 737 35 / 149 / 2,837 1.5x 1.2x 20% 42% 1.3x 0.3x 30% 44% Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performance5,6,7 Secondary funds: Net IRRto limited partners8 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 04 05 Upper Qu

re subject to investment risks, including possible invested. Further, the securities described in this presentation have not been registered under the United States Securities Act of 1933 or the Investment Company Act of 1940. We or persons associated with us may earn compensation from the fund described in th

arly stage) US$1,654m 29 / 75 / 737 35 / 149 / 2,837 1.5x 1.2x 20% 42% 1.3x 0.3x 30% 44% Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performance5,6,7 Secondary funds: Net IRRto limited partners8 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 04 05 Upper Qu

re subject to investment risks, including possible invested. Further, the securities described in this presentation have not been registered under the United States Securities Act of 1933 or the Investment Company Act of 1940. We or persons associated with us may earn compensation from the fund described in th

arly stage) US$1,654m 29 / 75 / 737 35 / 149 / 2,837 1.5x 1.2x 20% 42% 1.3x 0.3x 30% 44% Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performance5,6,7 Secondary funds: Net IRRto limited partners8 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 04 05 Upper Qu

re subject to investment risks, including possible invested. Further, the securities described in this presentation have not been registered under the United States Securities Act of 1933 or the Investment Company Act of 1940. We or persons associated with us may earn compensation from the fund described in th

arly stage) US$1,654m 29 / 75 / 737 35 / 149 / 2,837 1.5x 1.2x 20% 42% 1.3x 0.3x 30% 44% Consistent top returns among peers: SOF Funds vs Cambridge Associates' secondary funds performance5,6,7 Secondary funds: Net IRRto limited partners8 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% 04 05 Upper Qu

untant (ACMA). Prior to Glendower, Adam spent 10 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

in Capital; IRR = Internal Rate of Return. STRICTLY CONFIDENTIAL 16 EFTA01398169 Greg Martin Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance1,2,3 Secondary funds: Net IRR4 to limited partners Lower Quartile 10% 15% 20% 25% 30% 35% 40% 45% 50% 0% 5%

untant (ACMA). Prior to Glendower, Adam spent 10 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

ernal Rate of Return. STRICTLY CONFIDENTIAL 16 EFTA01396809 GLDUS126 Pacific Life Insurance Co Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance1,2,3 Secondary funds: Net IRR4 to limited partners Lower Quartile 10% 15% 20% 25% 30% 35% 40% 45% 50% 0% 5%

untant (ACMA). Prior to Glendower, Adam spent 10 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

RR = Internal Rate of Return. STRICTLY CONFIDENTIAL 16 EFTA01397482 GLDUS127 Annandale Capital Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance1,2,3 Secondary funds: Net IRR4 to limited partners Lower Quartile 10% 15% 20% 25% 30% 35% 40% 45% 50% 0% 5%

untant (ACMA). Prior to Glendower, Adam spent 10 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

tal; IRR = Internal Rate of Return. STRICTLY CONFIDENTIAL 16 EFTA01396132 GLDUS125 Gerald Ford Consistent top returns among peers SOF Funds vs Cambridge Associates' secondary funds performance1,2,3 Secondary funds: Net IRR4 to limited partners Lower Quartile 10% 15% 20% 25% 30% 35% 40% 45% 50% 0% 5%