GLDUS139 mEd Lake Capital
Proprietary and Confidential — Supplement to the Private Placement Memorandum
GLENDOWER ACCESS SECONDARY OPPORTUNITIES IV (U.S.), L.P.
AN "ACCESS FUND" INTO GLENDOWER CAPITAL SECONDARY
OPPORTUNITIES FUND IV, L.P.
OFFERING OF
LIMITED PARTNER INTERESTS
March 2018
This supplement (the "Supplement') may only be distributed in conjunction with the ConfidentialPrivate
Placement Memorandum dated January 2018 (the "Memorandum') relating to the offering of limited
partnership interests (the "Interests') In Glendower Access Secondary Opportunities IV (U.S.), L.P. (the
"Access Fund'), which is hereby incorporatedby reference. Potential investors considering the purchase
ofInterests in the Access Fund should carefully review this Supplement and the Memorandum.
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0095846
CONFIDENTIAL SDNY_GM_00242030
EFTA01391105