EFTA01429535Set 10
138p25,724w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01429535.pdf
EFTA01442085Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01442085.pdf
EFTA01440110Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01440110.pdf
EFTA01442749Set 10
138p25,725w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01442749.pdf
EFTA01439302Set 10
138p25,724w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01439302.pdf
EFTA01446117Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01446117.pdf
EFTA01396782Set 10
138p25,792w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01396782.pdf
EFTA01440837Set 10
138p25,657w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01440837.pdf
EFTA01396105Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01396105.pdf
EFTA01397455Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01397455.pdf
EFTA01398142Set 10
138p25,588w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01398142.pdf
EFTA01444246Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01444246.pdf
EFTA01443441Set 10
138p25,658w
Value investing, bottom-up approach
Transacted 1% by value across
c.100 transactions,
(1) Source: Glendower Capital proprietary information as at 15 March 2018.
Number of transactions includes follow-on investments ... guarantee of future market volume.
STRICTLY CONFIDENTIAL
30
2013
2014
Fund Secondary
Source: Glendower Capital analysis and own estimates based on Greenhill
Secondary Market Trends & Outlook, January 2018; Greenhill ... Preqin Global Private Equity & Venture Capital Report. 2017
values as at June.
(2) Source: Glendower Capital based on 2018 Preqin Global Private Equity &
Venture Capital Report; Greenhill Secondary Market Trends
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01443441.pdf