SOUTHERN FINANCIAL LLC Section 6: Summary of Terms and Conditions Glendower Capital Secondary Opportunities Fund IV

Confidential Private Placement

the Limited Partners

Limited Partner

Parallel Fund

the Fund Partnership Agreement

the General Partner

Sony

Limited Partners

the Fund Advisory Committee

U.S.

Alternative Vehicle

General Partner

the Final Admission Date

Parallel Funds The

Altemathre Vehicle

Fund

inter elle

Parallel Funds

Complementary Funds

International Financial Reporting Standards

Fund Partnership Agreement

Investment Platforms

Feeder Fund

Glendower Capital

affiliates