EFTA01354022.pdf

GLDUS183 Dimension Capital Management SOF IV - Master Fund Key Terms Same key terms as SOF III with an increased team commitment The Fund Glendower Capital Secondary Opportunities Fund IV, LP Target Size USS1.75 billion (US$2.5 billion hard cap) Structure English private fund limited partnership Investment Period 4 years from final closing 7 years from final closing plus up to 5 one-year extensions (the first three one-year extensions being at the discretion of Term Glendower and the final two one-year extensions requiring the consent of the SOF IV advisory committee) Minimum Commitment USS5 million Team Commitment Min of 1% of aggregate commitments 1.25% p.a. of commitments during Investment Period General Partner Share 1.00% p.a. of Invested Capital' for a period of 2 years after the Investment Period, thereafter greater of 90% of previous year and 0.25% Carried Interest 12.5% on a whole fund basis Hurdle Rate 8% (with 100% catch-up) Clawback Yes ≥-ease read the confident-A private pLmwment mernotandten of the Fin) f the -Mersorary.kon") or the full a-mei:wee of risk far tors. conflicts of rhaerest, otara)Mte terms, aril regulatory and tav considerations of the Fund. For hither disitlosure of fees, such as lees and Lt4%enses paid by the Fund, please refer to the Memorandum, the amended aryl restated limited partnership agreement and the deed of adherence Ol documents are in the process of being preparfel and will be made available to prospectez investors upon re:Nest. 1) Invested Capital is the amount of capital invested in investments and the remaining unfunded obligations reasonably reserved by Glendower for such investments. Glendower STRICTLY CONFIDENTIAL Capital CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0038614 CONFIDENTIAL SDNY_GM_00184798 EFTA01354022