EFTA Document EFTA01364520

GLDUS238 SOUTHERN FINANCIAL LLC Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent partnership Established platform Seasoned team - Team spun-off from Deutsche Bank in 2017 - Privately owned by its partners, fully funded - Senior team has worked together for 15 years - US$3 billion in total client assets2 - London and New York offices - 23-strong team expected to grow to 28+ by 2H18 - 16 inves