buyout TVPI = 159x Average Net RR Y 155% Data as of September 30 2017 For further benchnuelong of Glendower Copts lo buyout returns. pease refer to Exhrbil 3 Past performance is not a peoctim o11he future performance of r..,F SOF D SOF II or SOF Ill but is included to demcnstrate the track record of the