EFTA Document EFTA01386432

CONFIDENTIAL iCapital• ALT MOC ERNATIVE RATIZING NETWORK INVESTMENTS GLENDOWER ACCESS SECONDARY OPPORTUNITIES FUND IV (US), L.P. C ACCESS & UNDERLYING FUND TERMS ACCESS FUND GLENDOWER ACCESS SECONDARY OPPORTUNITIES IV (U.S.), L.P. GENERA,. PA!, TNER Glendower Access Secondary Opportunities IV GP. LLC INVESTMENT NI:. `;`..Wit Capital Advisors. LLC STRUCTURE-- Delaware Lintited Oartnershos SIT:t.TErs`i Trio Access Fund wit 4 .t tanoally at! of its investable .stets into the Underlying Fund MINIMUM COMN11141r $250000 Flit-.0 TERM The Access Fund will continue in existence tirough the one-year anniversary of the dissolution of the Underlying Rix' (and accordingly. shall extend &Somatically upon the extension or the Undedying Funds term). with two additions! one-year optional extension periods at the discretion of its General Partner CAPITAL. CALLS Generally upon 7 business days notice RrPctirINCe Oserterly repasts. capital account statements and year-end auckted fnaxsel statements PLACEMENT FEE UP to 200% Payable to 0954 a an affiliate thereof' MANAGEMEFIT FEE <$3 Mil 1.00% - <$5 Mil $5 Mil., 0.25% 075% I 0.75% 0.60% 0.25% CARRIED INTEREST No additional canied interest will be charged by the Access Fund SLIEISEe,)UENT CLOSING FEE (IF 1-4-.)1' FIRST Cl. Serrates the Underlying Find. including centMoutons nudge by Feeder investors for fees and expensed of the Feeder UNDERLYING FUND GLENDOWER CAPITAL SECONDARY OPPORTUNITIES FUND IV, LP GENERAL. PARTNER Glendower Capital UP INVESTMENT MANAGER Glendower Capital SOF N (GP) Limited Sr PUG LURE English Private Fund Limited Partnership STRATEGY !twine in private equity assill on the secondary mancet globale fli Il MUM CONN! TMEhti $5 motion FUND TERM 7 years from the date of the Ui.dedymg Fuld's Fin& Act-nsvon Date plus up to one-year extensions (the first 3 one-year extensions we at the discretion of Glendower and the final 2 one-year extensions require the consent of the SOF IV advisory committee) C.0.1)I1Al (torn .S For the p.eposes of nueung investments and/or paying expenses: generally Mon 12 butenela days prior widen nonce INVE S1 hIEN r pER ',TA) Four years from the Undorlywv Fund. FxrInl Adm...:on Date REPORTING Audited anrvual accounts as wed as is-titited Quarterly f d±ariCial statements (2nd and 3rd Quarters only) and unaudited Quarterly capital &COW,: Statements mAt LACIFME NT FEE. Net of 15 basis point discount egarrar Underlying Fund fees reserved for Actess fund cab, EST 7-I ENT J.; V 1.10% of Commited Captor Two 'YEARS AFTER THE EIJO (IF THE ENT 0.85% of Wasted Cavite THEPEAFTE.R THROJC.H THE ENO OF ME rum) 1EOto The teeter of 90% of previous yew and 025% of !wrested Cractal, CARRIED INTERF£-T 12.50%afteren800%preforred rettrri with a 100%Gn catch-up and full aferbd<1; SUBSECAJENT e.1.0SIt IG FEE OF NOTrlRr CLOSE) Koh... of (a) Threamonth USD LIBOR pan 2.00% and (b) 8.00% 'Nan. AtrAta Fa1.1 ran F. ...nine gra sr. MA:Le t. as .4.43na *tow.... Q.v."! el thaw...4,27,n ann, lift raxneno...nrasnao nemn rs herb o.n.o.'s* re. hem rootlets ;or:. F.v ...ra"rforSt.a porrnwr reory Mt tat Owed 'els pry rd..1. :Set Lug Ns. :rosiseed itts.sunt reol rimy int it mime late. r vy issuer re toot ta.xirtustrrunt eristess as en afar m sea es a sattcltrice d s of* may rev manners se trpestriret peckish writ iL nem, eaves "Venn of 'sawn u hu u<nrbt¢ Inctioes naosn reef We born:xi* (.:mart :0 al oNoAr:%-ti ;:draw paoresot in.coNandtan.ns thsias-trardetd:Praanao yitiannv Joe Para. whth sea t !us nitres, ti: !atsnyi* it vr•.Nrr.a.w COradrintal erne. sl Una Wang re.. IntrIgiara Inkavaarn wo. 2 fox roMir 1,r .4 werortr,Wor. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0088132 SDNY_GM_00234316 EFTA01386432