Carlo Pritio

• Glendower Capital

the SOF Team

Deutsche Asset Management

Garr

Deutsche Bar*

DPI

Deutsche Bath

• Newly

Chi Cheung

Confidential Private Placement Memorandum

Aden

Carlo Pirao

Capital

Deutsche Bank's

New York

Carla Pero-Buck Charles Sonnh

Charles Smith

Cambridge Associates Secondaries

Joshua Glaser

Glendower Capital • Privately

the SOF Program

Broli

SOUTHERN FINANCIAL LLC Section 1: Executive Summery Glendower Capital Secondary Opportunities Fund IV

unaucIticl

Smith