📄 Extracted Text (206 words)
GLDUS127 Annandale Capital
SOF Funds positioned as mid-sized value investor
Below large levered beta players, above small local funds
Secondary funds raised or in fundraising 1996-20181
Fund Size
(USS000)
<S1bin
10,000 $1-3bn
• Levered beta play
L • PE market index • >$3bn -10 players
• Volume-driven • Glendower Capital
3,000
• Alpha play
M •
•
Value investing
Selective sourcing • SOF III
•
SOF IV
-10 players
1,000
Cis '
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SOF,...
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Low barriers to entry
Smaller deals
13 a
r SO
;. and SOF
, FD :),
0 .,
...,
S Local sourcing
O
,.. 1 0 8 >50 players
Very competitive ? O O O C r o O o
O
0 .%. ps
c el
c; Q C: P,
c c'.
Jim, 4 100
1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018
(1; Glendrwer Capital own market segmentation analysis. Data source: Pregin database end Glendower Capital own market intelligence as of November 2017. Includes target fund sizes for funds that are currently raising
Glendower
STRICTLY CONFIDENTIAL
Capital
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0040333
CONFIDENTIAL SDNY_GM_00186517
EFTA01355287
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EFTA01355287
Dataset
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Document Type
document
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