The document provides a performance analysis of the Glendower Capital Secondary Opportunities Fund IV, LP, comparing it with SOF, SOF II, and SOF III. It highlights the consistency in Net Contributed Capital, Net IRR, TVPI, and DPI across different economic cycles. The funds show a peak in Net Contributed Capital below 50% at around 16 quarters from inception, with Net IRR leveling off at around 20% after 20 quarters. Capital is typically returned in 24 quarters, and TVPI converges to 1.65x by liquidation. The performance is attributed to a consistent investment strategy since 2006.
doj/DataSet10/EFTA01394588.pdf
{"title":"Investment Performance of Glendower Capital Secondary Opportunities Fund IV, LP","key_people":["Lawrence Hirsch"],"document_date":"2017-09-30","document_type":"financial","document_subtype":"Investment Performance Report","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0100616","SDNY_GM_00246800","EFTA01394588"]}