The document provides an analysis of the investment performance of the Glendower Capital Secondary Opportunities Fund IV, LP, comparing it with SOF II and SOF III. It highlights the consistency in Net Contributed Capital, Net IRR, TVPI, and DPI development 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 about 24 quarters, and TVPI converges to the 1.65x range by liquidation. The performance is attributed to the consistent investment strategy of the Glendower SOF Team since 2006.
doj/DataSet10/EFTA01389339.pdf
{"title":"Investment Performance of Glendower Capital Secondary Opportunities Fund IV, LP","key_people":["Glendower SOF Team"],"document_date":"2017-09-30","document_type":"tabular","key_locations":["Georgetown University"],"document_subtype":"investment performance report","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0093695","SDNY_GM_00239879","EFTA01389339"]}