EFTA Document EFTA01354417

GLDUS143 Henry Nicholas Disclaimer This confidential presentation (this °Presentation•i is being communicated to a limited number of sophisticated persons (each a 'Recipient) by Glendower Capital. LL.P ?Glendower') which is authorized and regulated by the United Kingdom Financial Conduct tilirorily, for the purpose of providing certain summary information about certain eelsting and future funds and accounts that are managed or advised by Glendower, including in connection with your evaluation of a potential investment in the fund to be known as Glendower Capital Secondary Opportunities Fund IV, LP r'SOF IV or the 'Fund') The information included in this Presentation is being made available to Recipients on a strictly confidential basis and may not be disclosed or discussed with any person other than any Recipients affiliates or profession:II advisers who are bound by obligations of confidentiality on a need to know basis Any past performance information herein Is not necessarily indicative of future results and actual performance may differ materially from any projected or forecasted performance. This Presentation is not: intended to form the basis of any investment decision and Recipients meist not rely on this Presentation as part of any assessment of whether to stubs tribe tor interests in the Fund This Presentation may not he used for and does not constitute an offer to stet. or a solicitation of any offer to subscribe tor or purchase any interests or to engage in any other transaction The information in this Presentation is intended to facilitate discussion and is not necessarily meaningful or complete without such supplemental discussion Each Recipient should consult its own attorney. business adviser and tax adviser as to alga€, business, tax, accounting and related matters corereming the eitormatica c✓stained herein and any future offering of SOF IV. Neither Glendower nor any of their respective affiliates makes any representation or warranty to any Recipient regarding the legality of an investment en the Fund, the income or tax consequences, or the suitability• of an investment for such Recipient. This Presentation is not intended for distribution. and shall not be distributed. in arty jurisdiction•rmere such distribution weuld violate applicable securities laws. This Presentation can only be offered to Accredited investors & Qualified Purchasers. This material is personal to each offense and may only be used by those persons to whom it has been banded out. It is being provided to you upon your request for information concerning the Fund Strictly not tor redistribution. Please refer to the 'Important Informatiore—Key Definitions.' 'Important Infonnation on the Track Record.' 'Important Information for Recipients in Certain Jurisdictions' and 'Notes to Investment Performance' sections at the end of this Presentation for further important information, including a list of defined terms and in respect of the performance information presented herein. All references in this Presentation to or-U5$' are to US dollars. Statements herein are made as of March 31. 2018, unless stated otherwise. Glendower Capital SIR Om), CONFIDENTIAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0039011 CONFIDENTIAL SDNY_GM_00185195 EFTA01354417