EFTA01394734.pdf

Glendower Capital SOF IV, L Important Information (1/2) confidentiai presentation ions tresentation) 6 being Cf.trOfTWO,C3Let` Loa limiter: filAreber of sophisticated perturb (each. ri "Recipient't by Go:otos/4er Capital LIP ("Glencoe:et' ) (an appoctet representative of Mirabella Adviser:: tl.P, which is ethoi ant regaled ter the United Yingtont rinanciat Conduct Authority) for the purpose of prnvicing certain summary information about caftan yonting ant. future funds and :Iccocritx that are managed or aorised by Glenstower, Motu:Jag in connect-on with 'rout evaluation or a potential itivelnerni in the fund to be Pnown as tilers':owe, Capital Secoretary Opportunities Punt W. LP (the 'rune) The informanon ire:ludic in thb Presentation Is being mace available to Recipient; on a strktty confidential bast Dori may not he 4:iscleset or discuss-der haw person other than any Redpienes aftiliaes forterioral iroviseis who are bound by obligations of occife: entialhy on a need to know bast. Any pa:t perfonnande information hergAn b not neceroarily ince:alive of future rest its and actual performance may differ materially from any pro^tat or forecasted perfonrance Thl; Preseritatam Is rot silteriCeri r0 fOrfrr the basis of an ifSeclinf,Ot deciscri and Payesplents most riOt reSi on this Piesentation as part of any assessment of whether to subscribe for interests in the Fund Tilt Presentation may not be used for am, toes not COlfrtif.Ute an °tie t14/, se& 0 3 NrslItikrItlf.fn of any oiler to subscribe foi ca purchase arty fliterests Ur 10 Of‘faIse in al, : other tiamactkin The in tius Preseittatcii is intent:ad to facilitate ciscussloit and is not necte.barily meaningful or complete without such supplemental tusci..trocn. Each Recipient shauld rauisult its own attorney. business accisei am taA aUviser a: to legal, business, taA, accounting ars; 'dates. fltatlefr. (Allif.e.thirt tit e ink/twat:on ccaulainet teielii at any future orlenr4 of 501, my. Neither filencowei, Mirabelier Adviser 1.19 tot any of their rescective agihatces makes any repreteniabon or warranty to any Recipient regarcing Cr,e legality or art investment In the runt;, true Ire.:Otre Or tas ConSetters:ei. ex the sbltabiiey of an investrient for such Recipient. This Presentation is not inikrited hot dr.-Van:Wm ant shall rot be distributed. in any jurisdiction, where such distribution would violate applicable securities lawr. Preseisterion nYay refer to CANtalrf *Venn: as having 0153551T51155 3156 COr.t.rrielOS a. Is4"kt herrn enterer into city!: may :KA hats; occurred or been enterer€ into at the rate that thy. Presentation ts nate avaehaltle bt I that Graf 'dower expect• will occur or be enteted into thereafter The l'rer.entation b not an offer to AA nor a SOriCit3E*0 Of an offal to buy, any Sfr:urity, and ray riot het set or relict' upon in conr.e:tion with any offer or soltitatim A private offering of Interests in the Fund will Sit lOate only pitrsuant to the offering document:: for the fund, which contain aceitiots41 infc,rination about the invir:ttrnet 4 objective. telinS arat cow air" of an irivetttmerit the /WV; and at. contain IAA inforniati01 Sine risk disclosures thy,. are important any investment decision reyorstio* the Fut id. No uersort his: teen aultioniti to make airy datement cycocerning the Ford other than as: et kith in the offer d* co:uments ant arw.such statements, it mace, play nit be (eget uron The offering documents will be furrilstiet to cnaeriec Investor: on a confidential base at their moue:1.11e informationcontainee in this Presentathsr. will be :;44Ntrsedet by, pi:al:heti in its entirety by reference to. such oftennviccurivtitc. An investment in the ruin will inw.ilve significant :eta. . inducing lo:4: of the entire investment. The interests in the rUIC will be as there t no seconuari truiPet lor interests in the Find forte cone is eroded to r.fe./(1411-i. *float will tor resift:liar:4-.0i transferring interests the Fund eivestrnent nwy be lOveragOil and the investment pritiorrnance may tie volatile. Before nede,Ing to irwest in the fund. prospective loyestors shsult read the ()Nernst risernorandurn ant pay partia.lar attention to the risk factors contaireto b.: the offering documents roe fees and 555CI)P6S153 thillt5511 in connectkit with an irnestment in it+ rural may bit hispao thin the film% and of other -flyeArnerit Investois should have the flnanual ability ant wage4pony, 10 flltemafisfeS ant may Oise( accept the risk charm:ern:la of the rants investrnems. Potential con!Ikts 0 interest may arbe from the relationshm between Credit Suisse Asset Management timited and its atril ez i-Credit Subse"i, &id:* act.ksg as the tours placerratot agent en4nti Solze no acting and eon not act as a municipal advisor within the meaning of Section (175 of the 04x.tter rank Walt Street Reform and Conti. mar Protection Art ant the ril ts and regulations promulgated them:Inter i, Mt nkmal Advisor Rule"). Any cervices, material, or infintration that Crete Sflisse pro:44es to a municipal entity or eAftatec person es cefMet by the Municipal A,P.mor Rule Mustered Party. ) are prostkle: on anarrnr Lertitlfl Oink; ant not asap acvlsOr Or (cutlery to the Covered Party Coverer: Parties tioult with their own internal arc isxrei nal emnso is before Taking:a:beef with set:OKI hi any Serotslt, Irtgell31, Os infrstriation provION4 to them by Crihlit SrOVAP. Credit SAftsSe alto Will Mt SVICO a Coverer Patty for direct or indirect competoation on behalf of an unaffiliated investment armor for the pureen,: of obtaining or retaining an engagement for that investment ftiViaer by the Crnered Party to posit ,: ifforritrifriflAtt.fisary Wolff:to: or on behalf of tieCover& Party. this Pitisentation contains information that ha; been or may have been $1I,Mter, by a number of sources ar4 has not been motmencemly verified Nothing container: herein stall constitute any representation Or warranty art re) reSODOSibility Or liability iS accepted by Glendower. its affiliates or Mirabella ALIviSalt LIP as to the accuracy or completenessof any information supplied bereal. Unless otherwise ::laten. the information in this Presentation has not been aucited or verified by an incepencent party, and :Mould rot be seen fill any 163ftfler-kat1010f 6.5t1.51re; that might be ail-iv:v.1 Tie intormaton ! :•niaintn herein rre.st de kept strictly confidential end may not be reproduced or rim:sitter: in any format without. the arl.r0s3I Of Punt'. Notwithstanding thr!tOregOing. each 'rest:tor and prospecthe investor (arc each empk,tee, fOrfleSefltarnft. V other agent thereof) May obdose to any ant all perserc, wareAti !imitator, of any kit,:, the tax treatment and tax stri cture ti the floe and its anrestrnere.4., artd all mite:la:5 of any li nt (incluoing 4 . cti owesto' or prospective investor relating to such MY treatment and tax stiuch4re, proviced, however, opinions or other tax unary-tee:) that are 'work et to a that such disckisure shall not. irick‘te the name for other benttrying infca relation not relevant to the tax tincture 0 tax treatment) of any ptrµvt and shall :Ka. include information for which norcid.lasure Is rearoriatthtne..essaly in weer to comply with applicable sett:nues Laws Pas performance is not necessarily indicative ca future (*LA: and them can be no assaiararry that the rind will achieve cornea:able results, that the returns rSener'ite'l by the rurrut will ecual or *Aber) Those presentee hereto or that tht Fiffir will be able to arfflitnerfill. its iffieSiMerfl: StrOlettleS w er NINO It, objestrycr;. The ruric. 41 investment strategy anti applicable invennient reitricOOUS 'nay dIler nom tlice.:* historically ttrnAvvec. and I.OrltritionSiOalr Offer rilatef flry frOsi, the contlitiOnS tinder which any othei investment Nod or account managed Or dr.;laSefl by Gfer;,,wer has inlesteu. All statements or opinion anti or belief CrOfflairlOG in this Presentation arc all views export:set AOC all OlOjer.LDOOS. fOlecCiS or statement: relatalf& to expectations regarding future events or the potoitile futtfe Ferrol °venue of the fund (et:tie:VIC Glendower's (Wei rss:'e rnerit.3nd inte5Prei4lOrl nt:Adel:on available to 4 as at the tate of this Presentation. No representation is mace of assurance given that such statement, views, projections or forecasts ale cormvct. that the obtectives of the l'unr; wilt be athlevedor dot investors will orr.ehre a retern of their capital in accifica. no 4e:tponytrirey or liability hr ooty of case is cif will be acr.epted Glendower or its respectwe affiliates, '<Chasers, directors, ernigovees or *wiles for ufrrettltS the Prerentation (or any adolltnnal information). tOrrectfle any Inacculacier in Itto. providing any adtiakmal inlorniation to wu. Atcordingly, IO the fullest eatere re:crotie subject lo applicable law, r.c-e Clencower or Its affiliates ant teAr respective sharebaiers, adsten:. agents, Cirector:. oDkers, partners, !reenters ant eniployttet shall be liable ism, r in the taStl fraudl for any kyss (whether ofret:l.. Indirect or consectuent4I), damage, cost or eritense buffer et or by soy Person ass fetl,li or relying on arwstattnient in. or ormssion front. thiy presentation CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 100772 CONFIDENTIAL SDNY_GM_00246956 EFTA01394734