EFTA Document EFTA01397596

GLDUS127 Annandale Capital Proprietary and Confidential - Supplement to the Confidential Private Placement Memorandum GLENDOWER ACCESS SECONDARY OPPORTUNITIES IV (U.S.), L.P. AN "ACCESS FUND" INTO GLENDOWER CAPITAL SECONDARY OPPORTUNITIES FUND IV, LP (For Investors referred by Deutsche Bank Securities Inc.) OFFERING OF LIMITED PARTNER INTERESTS April 2018 This supplement (the "Supplement") may only be distributed in conjunction with the Confidential Private Placement Memorandum date