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 at around 16 quarters, with Net IRR stabilizing at 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.
documents/vol00010-efta01354676-pdf.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP - Investment Performance","key_people":["Glendower SOF Team"],"document_date":"2017-09-30","document_type":"financial","document_subtype":"Investment Performance Report","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0039272","SDNY_GM_00185456","EFTA01354676"]}