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otal combined voting power or total value of the corporation's stock on any day during any taxable year. If the Access Fund invests in a CFC and is a United States Shareholder, its Limited Partners who are U.S. persons will be subject to tax under the CFC rules. As a result, each such Limited Partner must inclu
e 2017 Tax Legislation, the deferred earnings of certain foreign corporations will be deemed repatriated, and treated as if they were distributed to their United States Shareholders. Consequently, if the Access Fund invests in a foreign corporation and is a United States Shareholder, its Limited Partners who are U.
GLOUS144 Glenn Warren Controlled Foreign Corporations. Special rules apply to U.S. persons who own, directly or indirectly and applying certain attribution rules, 10% or
Prior to Glendower, Joshua was a Managing Director at Deustche Asset Management where he served as Co-Head of Investment Specialists. Alternatives (Americas). responsible for managing the fundraising of alternative investment products. Before then, Joshua led fundraising and investor relations for Paul C
GL0US144 Glenn Warren Section 5: Fund Managemerd Glendower Capital Secondary Opportunities Fund 1V. LP finance) and investor relations for the secondary private equity
endower 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-inves
GLOUS1 44 Glenn Warren Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP From time to tine. and as appropriate, the Manager may invite add
ugh entities treated as disregarded from their owners or as partnerships for U.S. federal income tax purposes) 'engaged in trade or business within the United States' is itself considered to be engaged in trade or business within the U.S. and is subject to U.S. federal income tax (including. possibly, in the case
GL0US144 Glenn Warren Section 9: Corte., Legal. ERISA and Tax Considerations Glendower Capital Secondary Opportunities Fund IV. LP expenses allocable to such investment
ily comparable to the returns, if any, which may be achieved on investments made by the Partnership; (v) no United States federal, state or local or non-United States agency, governmental authority or other person has passed upon the Interests or the equity interests of the Underlying Fund or made any finding or
GLOUS144 Glenn Warren (e) Investment Company Act Representations; Qualified Purchaser Status. The Investor acknowledges that (i) the Partnership is not being registered
GLOUS144 Glenn Warren (A) is not a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes: or (B) is a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes, an
GLOUS144 Glenn Warren (A) is not a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes: or (B) is a partnership, gra
does not include any bank that (i) is an affiliate of a depository institution, credit union, or foreign bank that maintains a physical presence in the United States or a foreign country, and (ii) is subject to supervision by a banking authority in the country regulating the affiliated depository institution, cr
GLOUS144 Glenn Warren (A) named on any prohibited lists maintained by the U.S. or UK government, including, but not limited to, the OFAC list of Specially Designated N
viding Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, the criminal money laundering provisions set forth in Title 18 of the United States Code or any other applicable anti-money laundering laws or regulations, in each case as amended and any successor statute thereto and including all
GLOUS144 Glenn Warren Investor receives from the Partnership will be used in any transaction or manner that is prohibited under Sanctions; and (C) no Sanctioned Party wi
dower Capital. 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
GLOUS144 Glenn Warren Team Bios CARLO PIR210-BIROLI Managing Partner Chief Executive Officer Deutsche Bank: CDB Web Tech: General Electric; The Boston Consulting Gr
sponsible for fundraising for the secondary private equity business and managing fundraising processes for alternative investment products in the Americas. Before then. Joshua led fundraising and investor relations for Paul Capital's secondary private equity business and healthcare royalty program, s
GLOUS144 Glenn Warren Team Bios DEIRDRE DAVIES Partner Chief Operating Officer Deutsche Bank. ABN Amro, KPMG ECorri. University of South Africa: CA ISA) Based in
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Prince Charles
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Samantha Power
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Deutsche Bank
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United Kingdom
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Michael Douglas
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Eric Holder
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U.S. Treasury
ORGANIZATIONDeutsche Bank Securities Inc.
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Puerto Rico
LOCATIONthe Securities and Exchange Commission
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North America
LOCATIONGlendower
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Milan
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Columbia University
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European Union
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Denmark
LOCATIONGlendower Capital
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Norway
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