wn and bottom-up analysis. Top-down identification of assets: an extensive private equity database listing certain funds is maintained with recent Confidential Prorate Placement Memorandum 26 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038424 CONFIDENTIAL SDNY GM_00184808 EFTA01353865

operation of SOF IV Francesco Rmamorti win act m a senior advisor to Glendower Capes ands net a partner, officer or employee of Glendower Capital Confidential Prorate Placement Memorandum 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038861 CONFIDENTIAL SONY GM_00185045 EFTA01354267

e LEA standard securities legend) as well as to "semi-professional investors' but not to 'private investors" (each as defined in the German Capital Confidential Prorate Placement Memorandum 88 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038918 CONFIDENTIAL SDNY GM_00185102 EFTA01354324

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e LEA standard securities legend) as well as to "semi-professional investors' but not to 'private investors" (each as defined in the German Capital Confidential Prorate Placement Memorandum 88 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0039794 CONFIDENTIAL SDNY GM_00185978 EFTA01355049

and operation of SOF IV Francesco Rmamorti ma act m a senior tomer to Glendower Capes ands not a partner officer or employee of Glendower Capital Confidential Prorate Placement Memorandum 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0055329 CONFIDENTIAL SONY GM_00201513 EFTA01364781

and operation of SOF IV Francesco Rmamorti ma act m a senior tomer to Glendower Capes ands not a partner officer or employee of Glendower Capital Confidential Prorate Placement Memorandum 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0082633 CONFIDENTIAL SONY GM_00228817 EFTA01383036

JallUaly 2017. Glenckfmer Captal based on Gra-entre Secondary marxeurenasa Outkok January 2018 and Evercore H1 2017 Secondary Market Survey Remits Confidential Prorate Placement Memorandum 23 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094142 CONFIDENTIAL SDNY_GM_00240326 EFTA01389776

nd operation of SOF IV Francesco Rmamorti win act m a senior sensor to Glendower Copts ands not a Danner. officer or employee of Glendower Capital Confidential Prorate Placement Memorandum 31 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094150 CONFIDENTIAL SDNY_GM_00240334 EFTA01389784

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m SOF Team As defined in Section 1: Executive Summary. Special Limited Partner An affiliate of the Manager that shall receive Carried Interest. Confidential Prorate Placement Memorandum 106 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094225 CONFIDENTIAL SDNY_GM_00240409 EFTA01389859

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stment Management Agreement The investment management agreement relating to the appointment of the Manager as the investment manager of the Fund. Confidential Prorate Placement Memorandum 104 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0095535 CONFIDENTIAL SDNY_GM_00241719 EFTA01390883

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k JallUaly 2017. Glenckwer Cereal based on Greenlet Secondary Market Trends 8 Outkok January 2018 and EvercoreHt 2017 Secondary Market Survey Resin Confidential Prorate Placement Memorandum 23 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0096781 CONFIDENTIAL SDNY GM_00242965 EFTA01391751

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e LEA standard securities legend) as well as to "semi-professional investors' but not to 'private investors" (each as defined in the German Capital Confidential Prorate Placement Memorandum 88 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0098950 CONFIDENTIAL SDNY_GM_00245134 EFTA01393405