EFTA01355303.pdf

GLDUS127 Annandale Capital SOF & SOF D Overall transaction summary as of September 30, 2017 Invested capital: Funded capital: Initial Gross , Project name Sourcing Solar type Deal type Funds Companies' (USSit) (USSrn) Closng multiple Portfobo delad 1- Leonardo Proprietary Financial Institution Fund Secondary 96 609 205 3 166.0 Cl 07 2.0A US / Europe - diversified 2- Sprint Syndication Public to private Single Asset Deal 1 1 36.0 36.1 03 07 3.0x Europe - buyout 3- Constellation Syndication Alternative Funds GP-Ied Secondary 1 34 16.5 16.7 03 07 0.9x US / Europe - grovAh equity 4- Cram Syndication Financial Institution GP4ed Secondary 1 22 19.4 21.6 04 07 1.7x Europe - special situations S. Freedom Syndication Pension GP-kid Secondary 1 3 15.0 12.1 02 08 0.3x US - miderarliet buyout 6- Pigeon Limrted Process Alternative Funds Fund Secondary 1 20 22.8 24.7 04 as 1.3x US - mid-market buyout 7- Hoover I` Proprietary NNW/Family Offce Fund Secondary 2 104 4 04 04 as 1 9x US / Asta dr/emitted 8- Hoover Proprietary Financial Institution Fund Secondary 1 4 0.1 0.3 01 09 8.8x US - mezzanine 9- Amadeus I Limited Process Endowment Fund Secondary II 16.1 16.2 01 09 2.4x Europe - buyout 10- Hoover III' Limited Prece&s. Financial Institution Fund Secondary 2.7 2.6 02 09 0.8x Europe - mal-market buyout II- Amadeusll Limited Process Alternative Funds Fund Secondary 5.4 5.5 02 09 3.3x Europe - buyout 12- Hoover IV Limited Process Alternative Funds Fund Secondary a 3.3 2.6 02 09 2.2x Europe - mid-market buyout 13- Hoover VI Limited Process Financial Institution Fund Secondary 14 3.4 3.5 04 09 1.7x US -- mezzanine 14/21- Bach Proprietary Multiple GP4ed Secondary 7 39.0 32.3 04 09 2.0x Europe - venture capital 15- Hoover VI' Limited Process Aramarive Funds Fund Secondary 2 22 4.8 5.8 01 10 1.7x US / Europe - mid-market buyout 16- Hoover vie Proprietary IiNVY/Famiry office Fund Secondary 4 78 2.9 2.8 02 10 3.4x US - mid-market buyout 17- Hoover VIII` Proprietary NNW/Family Mice Fund Secondary 1 196 0.5 05 03 10 2.8x US - mid-market buyout 18- OaVinci Proprietary Financial Institution Fund Secondary 28 193 103.3 53.7 03 10 3.0x US / Europe - diversified 19- Imperial Proprietary Financial Institution Fund Secondary 2 152 51.1 294 04 10 1 9x US / Europe - mezzanne 20- Hoover IX. Proprietary HNIN/Famity office Fund Secondary 7 294 0.8 0.7 04 10 2.6x US Europe - diversified SOF Sub Total 154 1.774 Sate 433.3 2 ht DaVinci Proprietary Financial Institution Fund Secondary 28 193 138.1 67.2 03 10 3.0x US! Europe - diversified SOF ;Ind SOF 0 Total 154 1.774 686 9 5-00 5 titurnber of carer,: are best estimate (2) Invested Capital is the Transaction Size and is described as purchase price pith unfunded obligations Furviecl e.aprtal is the amount funded ed each Transaction. The Net Multiple (TVPt) for SOF and SOF D is 1.8x and 2.3x respectively Core orted iron? EUP to UST using a tote of 1.1921 IA The performance figures are based on unatairted fair values and should be read and reviewed in conjunction with the "Important Information- and "Imp.7tarrt Performance Information- sections Gross returns are groes of lees, rempentas and caned interest, which aro hot charred at tlw investment level so perlormance is not eidpected to In repasfintative ol InVeRitneft 190.9T-8. to sweaters. investors aplenty consult with their mit atk98956 as the appropriate `:actors to be comidgred in eyaicaang this intormation. Past performance s not a pedr0ron of future performance, but if a included to demonstrae fide tra0c record of the Giersiower SOF Team aced there can be no assurance that S0F IV will achieve comparable results or tint any target results will be achieved. (43 Hoover frorsacticits tepreeent the inveS1rnent9 made by SOP via a s.,x6a1 putpcae velazie J-STV) attracting additional at-dm...MIN and adminisaativa expenses The actual performance for the SP ./ may be luster than the performance of the indnridual unrostrnentss because of the additional amounting and adMircsOmmii expenses. The aggregate net multiple of this SPV, Including the lees and expenses is 1.9x Glendower STRICTLY CONFIDENTIAL Capital CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0040367 CONFIDENTIAL SDNY_GM_00186551 EFTA01355303