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based. Accordingly, the actual realized 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 Glendower's views regarding the returns on investments that such funds
t advisory or investment management services. For persons in Colombia. This marketing material does not constitute a EFTA01398267 public offer in the Republic of Colombia. It is being distributed under circumstances which do not constitute a public offering of securities under applicable Colombian securities laws and
based. Accordingly, the actual realized 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 Glendower's views regarding the returns on investments that such funds
t advisory or investment management services. For persons in Colombia. This marketing material does not constitute a EFTA01396907 public offer in the Republic of Colombia. It is being distributed under circumstances which do not constitute a public offering of securities under applicable Colombian securities laws and
based. Accordingly, the actual realized 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 Glendower's views regarding the returns on investments that such funds
t advisory or investment management services. For persons in Colombia. This marketing material does not constitute a EFTA01397580 public offer in the Republic of Colombia. It is being distributed under circumstances which do not constitute a public offering of securities under applicable Colombian securities laws and
based. Accordingly, the actual realized 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 Glendower's views regarding the returns on investments that such funds
t advisory or investment management services. For persons in Colombia. This marketing material does not constitute a EFTA01396230 public offer in the Republic of Colombia. It is being distributed under circumstances which do not constitute a public offering of securities under applicable Colombian securities laws and
Entities connected to both Target and the Republic of Colombia

Columbia University
LOCATION
Prince Charles
PERSONDarussalam
LOCATION
Deutsche Bank
ORGANIZATIONAdam Graev
PERSONGlendower
LOCATION
the Cayman Islands
LOCATIONFrancesco Rigamonti
PERSON
Chile
LOCATIONCharles Smith
PERSONthe Glendower SOF Team's
ORGANIZATION
Haiti
LOCATIONGuernsey
LOCATIONthe Guernsey Financial Services Commission
ORGANIZATION
Ontario
LOCATION
United Kingdom
LOCATIONthe Brazilian Securities Commission
ORGANIZATION
New Zealand
LOCATION
United States
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATION