Absence of Investment Company Act

G20

the 'Investment Company Act

Investors

the Investment Company Act

Anti-Tax Avoidance Directives

Base Erosion

the Anti-Tax Avoidance Directives

the General Partner

the European Council

BEPS

OECD

the U.S. Investment Company Act

Fund

The Organization for Economic Co-operation and

REPS

Confidential Private Placement

Confidential Prnrate Placement

Sony

SOUTHERN FINANCIAL LLC Section 7: Risk Factors Glendower Capital Secondary Opportunities Fund IV