The document provides important information on the investment performance and track record of the Glendower SOF Team, which spun off from Deutsche Bank in August 2017. It discusses the team's investment experience, performance metrics, and valuation methodologies. The document also outlines the calculation of investment returns, including Gross IRR and Net IRR, and explains the impact of subscription line facilities on these calculations. Additionally, it covers the valuation of unrealized investments and the assumptions underlying target returns.
documents/vol00010-efta01354469-pdf.pdf
{"key_people":["Carlo Pirzio-Biroli","Charles Smith","Chi Cheung","Francesco Rigamonti","Adam Graev"],"document_type":"correspondence","document_subtype":"investment performance notes","key_organizations":["Glendower Capital LLP","Deutsche Bank","Deutsche Alternative Asset Management (Global) Limited"],"reference_numbers":["DB-SDNY-0039063","SDNY_GM_00185247","EFTA01354469"]}