EFTA01394004.pdf

GLDUS137 Forrestal Capital LLC Secondary market volume remains at record levels Market is evolving with GP-led transactions now representing 25% of volume Secondary market volumes 2006 - 2018F 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018F GP-led Secondary ■ Fund Secondary Source. Glendower C-apitri analysis. and own estknates Lased on Greenhill Secondary Markel Trends & LASlook, Jemmy 2018: G•eertrill GP •'Shier% DisztKiwn 1Mterats. May 2017: and Dow Jon-es Pr;ate Ediaty Analyst Guide to the Secondary Marker. June 201! . F = Forecast There la r•io warm-Iles the eVirnate €rrih!!0!ttd nt erraze. Past market volume is not a prediction or 9ttarantE•e of future market volume. Glendower STRICTLY CONFIDENTIAL Capital CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0099929 CONFIDENTIAL SDNY_GM_00246113 EFTA01394004