The document discusses the secondary market pricing trends for Glendower Capital Secondary Opportunities Fund IV, LP, highlighting cash flows, mark-to-market pricing, and effective discounts at closing for buyers. It includes an analysis of secondary market pricing from 2005 to 2017, noting periods of overheated markets, premiums for over-levered companies, and pricing normalization. The document also provides insights into market stability and transaction volumes post-2009 crisis.
doj/DataSet10/EFTA01390169.pdf
{"key_people":["Ian Slome"],"document_type":"financial","document_subtype":"Confidential Private Placement Memorandum","key_organizations":["Glendower Capital","Greenhill","Cogent Partners","Dow Jones Private Equity Analyst"],"reference_numbers":["DB-SDNY-0094570","SDNY_GM_00240754","EFTA01390169"]}