EFTA01354437.pdf

GLDUS143 Henry Nicholas GP-led transactions and single asset deals liustrative case studies Project / Fund Deal Size / Funds / Seller Description Om Discount' assets / region Porter US$220m 2 funds Multiple Motivated GP seeking to recapitalize 2006 mid-market fund and provide (SOF II & 9% 8 assets liquidity to fatigued investor base SOF III) US Eight US market leading companies in the construction sector with visible growth potential, low leverage 1 1 1 I • Significant downside protection through securities owned (senior, PIK preferred and structured notes) • GP known to SOF Team through prior fund investment Laurel US$147m 11 fund Southern • Motivated, distressed sole LP seeking to divest its captive, non-core (SOF II & 24% 33 assets European private equity business SOF III) bank • 33 buyout, growth equity, real estate and energy assets in 11 funds in UK, Europe France, Poland, Czech Rep., Bulgaria, Macedonia and Turkey 1 1 1 1 1 • Highly structured deal allowed for full asset due diligence • Downsized captive team led by new CEO hired by SOF Team lonesco US$28m 1 asset LBO fund • Opportunity to underwrite attractive LBO of leading manufacturer of (SOF II) NA Europe polymer substrate for bank notes • GP motivated to quickly syndicate investment after broken auction 1 I 1 1 blocked by Central Banks Company benefited from Bank of England contract for £5 and £10 notes Fitzgerald II US$37m 1 asset Global Secondary purchase of co-investment position in First Data, a leading (SOF III) 10% US bank payment processing company • Motivated seller was a bank invested in original buyout who had to sell for 1 1 ✓ regulatory capital reasons ahead of IPO • Asset well known to the SOF Team Ulendower SIR OILY CONFIDENTIAL Capital CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0039031 CONFIDENTIAL SDNY_GM_00185215 EFTA01354437