And Asia The number of kalttS arid companies IS a best estimate and WM'S* the agfeessite ot &a:i ll deal at ?Kislev text may some double courting. 1VPI M Total Value to Paid in Capital; DPI it Distributions to Paid in Capital: IRR r Internal Rate of Return. Glendower Capital STRICTLY CONFIDENTIAL 16 CONF

Europe and Asia The number VI keltiti arid companies is a beat estimate and t47:** the ewer/A of &wig deal at ?Amax! Leal may some double courting. 1VPI M Total Value to Paid in Capital; DPI it Distributions to Paid in Capital: IRR r Internal Rate of Return. Glendower Capital STRICTLY CONFIDENTIAL 16 CONF