EFTA01353851.pdf

GI.DDS183 Dimension Capital Management Section 2: Investment Performance Glendower Capital Secondary Opportunities Fund TV, LP In Exhibit 2 each of SOF. SOF D. SOF II and SOF III is benchmarked against its vintage peer group reported in the Cambridge Associates Secondaries Benchmark statistics (September 30, 2017). The SOF Funds present comparatively strong Net IRR. DPI and TVPI across each vintage year. Exhibit 2: SOF Funds performance versus Cambridge Associates Secondary Fund Benchmark " 34 37 Secondary funds: Net IRR to limited partners Secondary funds: Net multiple to limited partners so% • :Apt. (44ann Low "J.,* • wads, o 2* Iv" I SC Dm. 31. SO; DPI • I at, twi ; I iVAr I3. 'S. sac Sof rrc 0(• e II OF' • 0 I. acs rosr 104. IS= aof als sy. • • 20if t i; t I It • " • 0 St • ; n. I. 64 00 03 It. • ! 14 04 di or te *C9 10 11 12 13 11 ohm OM no* mot r SOF Imo CPI SC, tea RYPI In Exhibit 3. each of SOF. SOF D. SOF II and SOF III is benchmarked against its vintage group of top quartile buyout funds reported in the Cambridge Associates Global Buyout Benchmark as of September 30. 2017. Again, the SOF Funds present comparatively strong Net IRR, DPI and TVPI across each vintage year. Exhibit 3: Buyout•hke returns with a secondary risk profiles vlw OPP •• 1 • fad tt X•lo •• al• • oc= •*ye a.1 • WI • Ni I 3. Os' 0:' Xdf. PA 1,A .R4 is. Alt A" nr) I ift sot art 0 Wee 0. • s..• it••• Some: Cambridge Associates Secondaries Benchmack statistics as of September 30 2017 SOF Funds are shown benchmarked against their vintage yew peer group SOF and SOF 0 performance is riot included in the data se teed to calculate the tenclvnark data Note that the performance figures in rasped d SW and SOF D have not been audried and aloft be reed and reviewed in common:4i will Appendix 5 impOrtanIParlonnanCe Imismatton Past pedamance of SOF Fulls 6 not a prediction of future performance. Information presented n Exhibt 21s based cn the initiated results of SOF, SOF D. SOF 11 and SOF III as of September 30. 2017 Past performance is notepad:bon of the future performance of SOF, SOF D. SOF II or SOF III In is included to deniciarate the track record or the Gktrickrerer SOF Team There can be no aesurance that SOF Kt win achieve comparable results or that any target resultswill be achwed DPI = Cearlautions to Paid-in Capital. RVOI = Regrind Value to Paelan Capital. TVPI = Total Value to Paidan Capital Source' Cambridge Associates Global Buyout Benchmark as of September 30. 2017. The informaeon reflects a comparison of SOF. SOF D. SOF II ft SCf HI performance against one benchmark only Past performance is not a prediction ol the !awe performance of SOF. SOF D, SOF II. SCf III or any other Glendower finds dnd there can be no asswance that SOF W will achieve compared° resifts or that any target results will be achieved. but is included to demonstrate the track record of the Glendower SOF Team IMormatcc presented in this chart is based on the unaudted issues of SOF. SOF D. 9CF 11 and SOF III as of September 30.2017 and should be read and reviewed in COnpnetCn and *hand be lead and ICMOW•d in conjunction with Appendix 5 Important Pet matte Intrination which sets forth amongst other throe: important nfamalion regarding the performance gestated above Confidential Private Placement Memorandum 9 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038407 CONFIDENTIAL SDNY_GM_00184591 EFTA01353851