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• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) $ource- Glendower Capital based on 2018 Proqin t2.4obal Private Equity & Vefiture Capnal wi I.11.rethill Socorid k.ae

• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital lased on 2uta Preqin 12.4obal Priate Equity & Venture Capnal Repc.it. Greenhill Secondary Pil

• 1.0% 0.8% • 0.6% • 0.4% 0.2% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 —As % of total PE assets (1) Source: 2018 Pregin Gobs! Private Equity & Venture Capital Report. 2017 values as at June. (2) Source- Glendower Capital lawn on 2ifie Preqin Gobal Private Equity & Vefiture Capnai Repc,it, Sef.oridary Piliwket Tr