s to SOF LPs • Value investing, bottom-up approach Unique GP-restructuring and spin-off experience • As seller, as buyer. own spin-off 03 Source. Gleter Capital pror-'-atarr information as at 15 Rriarch 2018. r4r.--rnbeir of transeassos Inolr-sies folluw-on irpreerneils armi splits out transactions arts;ch have, been sons