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re based. Accordingly. the actual reated 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
nal rate of return on investments, based on daily cash ("rows. Calculations are presented based on actual cash tows to and from limited partners All IRtis are presented on a -gross' basis unless otherwise slated )i.e , they do not reflect the priority profit share, carried interest. taxes, transaction c
ased. Accortlingty. the actual rea€i:"ed returns generated by these unrealized invesiments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Taruets') presented herein are based on Glendowees views reuerding the returns on investments that such funds may
rnal rate of return on investments, based on daily cash Flows. Calculations are presented based on actual cash tows to and from limited partners All IRtis are presented on a -gross' basis unless otherwise slated , they do not reflect the priority profit share, carried interest taxes. transaction costs
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
rnal rate of return on investments, based on daily cash (sees. Calculations are presented based on actual ;ash tows to and from limited partners All IRtis are presented on a "gross' basis unless otherwise slated , they do not reflect the priority prolit share, carried interest taxes. transaction costs
ased. Accortlingty. the actual rea€i:"ed returns generated by these unrealized invesiments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Taruets') presented herein are based on Glendowees views reuerding the returns on investments that such funds may
rnal rate of return on investments, based on daily cash Flows. Calculations are presented based on actual ;ash tows to and from limited partners All IRtis are presented on a -gross' basis unless otherwise slated , they do not reflect the priority profit share, carried interest taxes. transaction costs
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
ernal rate of return on investments, based on daily cash tens. Calculations are presented based on actual cash tows to and from limited partners All IRtis are presented on a -gross' basis unless otherwise slated )i.e , they do not reflect the priority profit share, carried interest taxes. transaction co
re based. Accordingly. the actual malted 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 ma
rnal rate of return on investments, based on daily cash fiches. Calculations are presented based on actual:ash tows to and from limited partners All IRtis are presented on a -gross' basis unless otherwise slated , they do not reflect the priority profit share, carried interest. taxes, transaction costs
Entities connected to both Target and IRtis

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONFrancesco Rigamonti
PERSONCharles Smith
PERSONGlendower
LOCATIONAdam Graev
PERSONthe Glendower SOF Team's
ORGANIZATIONLorne
PERSONCollier
PERSONReturns Pete
PERSONPaltein Capital CDPet
ORGANIZATIONAccortlingty
PERSONCapital el-VPI
LOCATION