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based. Accordingly. the actual realized returns generated by these unrealized invesimenis may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendower's views regarding the returns on investments that such funds ma

o be substantizet Net IRR is presented after deducting all poorly profit share. carted interest, taxes. trarisakin costs and other fees and expenses Collier than taxes borne or to be borne by investors. Including as a result of an investor's domicile). Further, note that the calculation methodology adopt

based. Accordingly. the actual reale-Aid returns generated by these unrealized investments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendowees views regarding the returns on investments that such funds may

to be substantial) Net IRR is presented after deducting all poorly profit share. cared interest, taxes. trarisakin costs and other fees and expenses Collier than taxes borne or to be borne by investors. Included as a result of an investor's domicile). Further, note that the calculation methodology adopte

based. Accordingly. the actual rea€i:"ed returns generated by these unrealized investments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendowees views regarding the returns on investments that such funds may

be substantial} Net IRR is presented after deducting all priority profit share. carted interest, taxes. trarisakin costs and other fees and expenses Collier than taxes borne or to be borne by investors. Including as a result of an investor's domicile). Further, note that the calculation methodology adopt