Strong and consistent track record2
Fund
Vintage
(development stage)
Fund size
Transactions, funds, companies4 #
Netmultiple (TVPI)
Net distributed (DPI)
Net IRR
Peak net contributed capital
SOF
2006
(harvesting ... Upper Quartile
Lower Quartile
Median
Secondary funds: Netmultiple to limited partners5
2.5x
1.5x
0.9x
23%
Carried interest:
12.5% on a whole fund basis
Hurdle rate ... English L.P.
General partner share:
• 1.25% p.a. of commitments during
Investment Period
Net IRR
NetMultiples to Paid-in Capital
EFTA01429503
GLDUS238 SOUTHERN FINANCIAL LLC
Strictly Confidential
Glendower Capital