investment performance included herein is intended solely to provide recipients with information about the investment and operational experience of the SOF Team. Certain of the SOF Team were principally responsible for the investments included in such investment performance. Such investment performance infor

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that. Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

performance or that d the Fund Carlo Pero-Beck Charles Smelt Ch Cheung and Deirdre Davies have waked together since 2003 Adam Grater became part of the SOF Team in 2007 and Joshua Glaser in 2013 rt Source Glendower Capita* proprietary information The Ceulune Bath proprietary private equty restructunng too

tions, and LP tenders. Distinctive investment strategy The Manager intends to replicate the consistent, distinctive investment strategy" pursued by the SOF Team (while at Deutsche Asset Management") in each of the SOF Funds. This strategy is built around five main pillars: ■ A focus on less competitive tran

investment performance included herein is intended solely to provide recipients with information about the investment and operational experience of the SOF Team. Certain of the SOF Team were principally responsible for the investments included in such investment performance. Such investment performance infor

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that. Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

erformance or that ci the Fund Carlo Pato-Buck Charles Smith. Ch airing and Deirdre Davies have worked together since 2003 Adam Greer became part of the SOF Team in 2607 and Joshua Glaser in 2013 rt Source Glendower Captors proprietary information The Deutsche Bark proprietary private equty restructunng to

tions, and LP tenders. Distinctive investment strategy The Manager intends to replicate the consistent, distinctive investment strategy" pursued by the SOF Team (while at Deutsche Asset Management") in each of the SOF Funds. This strategy is built around five main pillars: ■ A focus on less competitive tran

investment performance included herein is intended solely to provide recipients with information about the investment and operational experience of the SOF Team. Certain of the SOF Team were principally responsible for the investments included in such investment performance. Such investment performance infor

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that. Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

tions, and LP tenders. Distinctive investment strategy The Manager intends to replicate the consistent, distinctive investment strategy" pursued by the SOF Team (while at Deutsche Asset Management") in each of the SOF Funds. This strategy is built around five main pillars: ■ A focus on less competitive tran

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that. Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

tions, and LP tenders. Distinctive investment strategy The Manager intends to replicate the consistent, distinctive investment strategy" pursued by the SOF Team (while at Deutsche Asset Management") in each of the SOF Funds. This strategy is built around five main pillars: ■ A focus on less competitive tran

erformance or that d the Fund Carlo Pero-Bach, Charles Smith. Ch Cheung and Deirdre Davies have worked together since 2003 Adam Greer became part or the SOF Team in 2607 and Joshua Glaser in 2013 rt Source Glendower Camas mower,' information The Deuisone Bark proprietary private equty restructunng took pac

transactions. Previously, he was a Director at UBS in the Secondary Advisory team. Prior to that. Emilio was a Vice President at Deutsche Bank in the SOF Team, which he joined as an Associate in 2007 shortly after its inception. Before that Emilio worked at Credit Suisse, in its investment banking divisi

formance or that el the Fund Carle Przioaocii, Charles &rush. Chi Chewy and Deirdre Davies have worked together since 2003 Adam Greer became part of the SOF Team in 2007 and Joshua Glaser in 2013 rt Source Glendower Capitals proprietary information The Deuter.he Bark proprietary private equty restructunng

tions, and LP tenders. Distinctive investment strategy The Manager intends to replicate the consistent, distinctive investment strategy" pursued by the SOF Team (while at Deutsche Asset Management") in each of the SOF Funds. This strategy is built around five main pillars: ■ A focus on less competitive tran

Net IRR (after fees, expenses and carried interest) on a portfolio basis." Prassectide investors Would note that while at Deutsche Anal Management. the SOF Team was able to mike use of pfartorm personnel and mouton in connection with the SOF Program that via not be available to the Glendower SOF Team in conn

investment performance included herein is intended solely to provide recipients with information about the investment and operational experience of the SOF Team. Certain of the SOF Team were principally responsible for the investments included in such investment performance. Such investment performance infor

ormance or that el the Fund Carlo Pezioaucli, Charles Sonah. Chi Cheung and Deirdre Davies have waked together since 2003 Adam Grater became pall of the SOF Team in 2007 and Joshua Glaser in 2013 rt Source Glendower Gaiters proprietary "OrattiOn The Deutsche Bark proprietary private equty restructunng took