📄 Extracted Text (127 words)
GLDUS238 SOUTHERN FINANCIAL 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 Capita analysis. and own estimates Lased on Greenhill Secondary Market Trends & LASlook, Jemmy 2018: Geenhul! GP S.:Rarer* DIscr.Ntwn fMterats. May 2017: and Dow Jon-es Rrvater ty
Analyst Guide to the Secondary Marker. June 201! .
F = FtneCaSt There la rte warm-Iles the eVirnate tiFhlicitted WI! rIt errtOze.
Past market volume is not a prediction or innranteit of future market volume.
Glendower STRICTLY CONFIDENTIAL
Capital
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0055084
CONFIDENTIAL SDNY_GM_00201268
EFTA01364536
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