EFTA01396254.pdf

Subject: RE: MTA Coverage and Glendower Requests From: Frank DeBenedittis <[email protected]> Date: Wed, 09 May 2018 10:30:55 -0400 To: Andrew King Stewart Oldfield > Cc: Nathaniel Morgan William-M Finn From: Frank DeBenedittis Sent: Wednesday, May 09, 2018 10:29 AM To: Andrew King ; Stewart Oldfield Cc: Nathaniel Morgan William-M Finn a Subject: RE: MTA Coverage and Glendower Requests From: Frank DeBenedittis Sent: Wednesday, May 09, 2018 10:16 AM To: Andrew Kin <[email protected]>; Stewart Oldfield Cc: Nathaniel Morgan a; William-M Finn Subject: RE: MTA Coverage and Glendower Requests From: Frank DeBenedittis Sent: Wednesday, May 09, 2018 10:14 AM To: Andrew Kin <[email protected]>; Stewart Oldfield Cc: Nathaniel Morgan ; William-M Finn EFTA01396254 Subject: RE: MTA Coverage and Glendower Requests From: Frank DeBenedittis Sent: Wednesday, May 09, 2018 10:13 AM To: Andrew King Stewart Oldfield Cc: Nathaniel Morgan ; William-M Finn Subject: RE: MTA Coverage and Glendower Requests From: Frank DeBenedittis Sent: Wednesday, May 09, 2018 10:11 AM To: Andrew Kin <[email protected]>; Stewart Oldfield Cc: Nathaniel Morgan ; William-M Finn Subject: RE: MTA Coverage and Glendower Requests Stew, Please see the attached documents and the approved email language below. I will send the other clients' zip files in a separate email or once they are approved. The entire zip file should be sent to clients but I tend to separate the factsheet and pitchbook from the broader zip file (see below) when sending the email to clients. Please copy someone from ISG on the email as this is required by our BAM. EFTA01396255 Glendower Capital is an independent secondary private equity manager (formerly affiliated with Deutsche Asset Management) that seeks to purchase mature, high quality private equity fund interests from investors seeking liquidity. Glendower currently consists of a 23 person-strong team with $3 billion in total client assets and offices in London and New York. Glendower's mission is to deliver top-quartile, buyout-like returns while mitigating downside risk through its disciplined, bottom-up underwriting process, as well as the shorter duration of secondary investments, which leads to early cash distributions to investors. The Fund seeks to continue the successful secondary strategy the team has pursued since its inception at Deutsche Bank in 2006 - which has resulted in a negligible loss ratio - by aiming to build a globally diversified portfolio of seasoned funds, GP- led transactions and co-investments on the secondary market. While past performance is not indicative of future results, Glendower Capital has a strong track record of success. As noted in the attached marketing materials, since its founding, the mature funds managed by Glendower have returned a 1.7x net multiple and a net IRR in excess of 20%. Including SOF III, which is a 2014 vintage fund, Glendower's overall program has returned a 1.5x net multiple and a 23% net IRR. Private equity investments such as the Fund are speculative and illiquid. Please see the offering memorandum for further information about the Fund and the risks associated with investing. fcid:[email protected] From: Andrew King Sent: Friday, May 04, 2018 8:47 PM To: Stewart Oldfield ‹ > Cc: Frank DeBenedittis Nathaniel Morgan < William-M Finn Subject: MTA Coverage and Requests Stew, Frank DeBenedittis (copied) will be covering for me while I'm on MTA. If you need anything ISG related while I'm out please connect with him. EFTA01396256 We've requested for the clients listed below. The team will forward the materials once available. Oldfield Epstein/Southern Financial with KCP EFTA01396257 EFTA01396258 Once the materials are received, Frank can send an intro email. If you'd prefer to send it yourself, the team can provide pre-approved intro language. Best regards, Andrew King {cid:[email protected]} Andrew King, CFA Vice President I Investment Solutions Group Deutsche Bank Securities Inc. Deutsche Bank Wealth Management 345 Park Avenue, New York, NY 10154 Tel. EFTA01396259 Mobile +1 Email fcid:[email protected] EFTA01396260