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sd-10-EFTA01386621Dept. of Justice

EFTA Document EFTA01386621

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GLDUS238 SOUTHERN FINANCIAL LLC Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV. LP Established track record*. 2° As of September 30, 2017 the SOF Program has delivered a strong performance with aggregate gross performance since inception of 1.6x gross multiple and 28% IRR (Internal Rate of Return) and 1.5x TVPI (Total Value to Paid-in Capital), 0.9x DPI (Distributions to Paid-in Capital) and 23% Net IRR to investors. More specifically: • SOF (2006, US$565

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Dept. of Justice
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sd-10-EFTA01386621
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