EFTA Document EFTA01355088

GLENDOWER ACCESS SECONDARY ()WORT UNI 11ES IV (U.S.). L.P. IMPORTANT INFORMATION CONTINUED Presersestem Further. :Ma in the Atoms Fund we, expo recce IC,Ver fetter+, nen nelson cisernittenu Orem!, to the Underlying Fins as a result of the es:titer-HI fees and co panses assocWecl wen an investment in tre Access Find riot tire conteree neren Mould be deemed to le oreectice or I:reject:xi of future polcernente of the Underlying Fund or the Acorn Fund NOTE: Historical returns presented hmen do nod include any fees and °menses that would be aesSOCHtee withal investment in the Aeons Fund. which would have the effect of lowering the net returns experienced by an Investor Bench-harks are financial irssices are shown Ior F;ttrath* outisoles only aril ate urovisksd for the our pose of making enteral market data available as a noire of rolererce oriv. sme teeneeireysi art f wg,tx may hot Ps 0,1,444 tar 4: eel eiyesueee. may be unmanaged. mourn Helve Amen! of trna)ine. C.) not reflect the impact of any ;retire ccenmssens and enstn. management Cw peen). n nice Inn. and have limAntons %Men used for comparison or other ragilO5/1 because they, among cern. reascos may hove diffirerc tredve strategy. waSetnly cremator c11 materiel dierecteirstios resainentatice is made tnst ai banchrisark or eclea nen eeproonste retain for comµeisrr . Akeoriative investments often ye scrocidatne ed irclurty a Men degree of rut imeston could Ease all or e substantial amount of their investment Affair:Ore miestments are datable orgy for depot:. sare-MIIIIImotstots who we willing to forgo haughty axe ran capital ce risk ter an exlelinim oar' xt of rime They may be higny 'Mudd and can neap: in Ott xie and other spetverthe DiaCtiCeS that ray increase the VCCobi:ty and ':5? ?MS. fatarlataart worestmene tycocally hem tt ner fees then &Stone inn-unmet. Invest," dryad carefully nouns ant consider DOteriaal rdks before inve5ting Contain ot Mete nil's may include but are rat Ihmhted to • Lost of near I.itStanbal Dorton of the award moil can to iihnknging_ SPOlt-lelling, or odor speculative. tuxtrots, • Lack of liquety that there may bents secondary menet for a fund • Volatility anthem • Restrictions cn tiansferme inteette es a lug • Potential led( fA dirersiliCatkan and retorting nurser nsk (kin to Oorcenbert on of :feeding Outlet*/ wren a sung? enf•naa is inlet; AbseaCe O4 infnmerunn *WOWS ValiatiOn. int poCing: • Corresio tar structure-sand detays in ten mooning: • Less resmiaticH and !with, fees than mutual funds: end • R sks associated wen I he operations. part meet sot proem: is of the mere!. Purchaser: of interests will be linseed pettier: in the Access Fund and will not be limited partner: of the Uncentre Fund will have no direct interest in the Underlying Fund will new no ‘.oting rights:es the Unbar vying Fundect wig rove no st sr rgc itahele ejahlt tre tknierlying Fund or Mee:mineral Polon or Manager of tne Underlying Rothe their micective off Reis. directors members, Panoi05. shareholckes or employe%.agWdsCr affiliates to are officio. arectOt member, seetnen stsettolden fenagree w agent of any sigh athlete) In. offering of tow's.. n not eta slimed not be considered an off (*nog of loomed swum inetersis in inn Uncle, tang Furwi. Yor comer. none of the Aness Fund. the General Partner of the Access Fund Or any of tree respective affiliates ties 114 tight to participate in the control, management Cr our merit of the Unlettered Ford co haS ar t Cbswle:nn eve tha nuesewnent ist vie ord.:mon; gird eon-. the Access Fund art Pe Unclelying Funo Impose administrate, or monegarrent veer. cust,x1,,si te:,th,flong endother senba fors, performance allocabans and otter reponse, that will reduce returns. Returns to Misted petters o the Access Fund will be ewer than 0,74.11 ton a . ,TC.t nennitnt in the Undo: li ne Fund. !Copt& Advisors. LLE. a nouchoy of institutional Caortel Network kx. ;ti/bia iCaptai Network), is an insostnent Sever registered with tr. US. Senior it; and Excleree CorniTtS Oh ('SEC') The regi grabens and a'acahkishioi alums M no way imply Mat the SEC lel endow: r he *Men. ceocce s Jr I erten; discussed Wein Acklitmeol Information H availaole upon request iCapital 7C;1(121'. 212 .?;14 tttatcapitalnetyrtur kLutri I etwvacapittilitetntek.SOen CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0039869 CONFIDENTIAL SDNY_GM_00186053 EFTA01355088