. and (iii) funds-of-funds as they continuously rebalance their portfolios and seek to liquidate older vintage vehicles. Glendower Capital based on Greenhll Cogent Secondary menet Trends& Curd( January 2018 2018 Freon Gk>bal Private Equity 8 Venture Canal Report Ban 8 Company Global PrIV640 Equity Report 2018 and Greenhll Coge

and (iii) funds-of-funds as they continuously rebalance their portfolios and seek to liquidate older vintage vehicles. Glenda...at Capital based on Greenhll Cogent Secondary menet Trends& Curd( January 2018 2018 Preen Gk>bal Private Equity 8 Venture Canal Report Ban 8 Company Global Pnvale Equity Report 2018 and Greenhll Cogen

(iii) funds-of-funds as they continuously rebalance their portfolios and seek to liquidate older vintage vehicles. • Glenda...at Capital based on Greenhll Cogent Secondary menet Trends& Curd( January 2018 • 2018 Pram Gk>bal Private Equity 8 Venture Galata Report Ban 8 Company Global Private Equity Report 2018 and Greenhll C