The document provides an analysis of the investment performance 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 from inception, with Net IRR stabilizing 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 document emphasizes the consistency of the investment strategy since 2006.
doj/DataSet10/EFTA01393894.pdf
{"title":"Investment Performance of Glendower Capital Secondary Opportunities Fund IV, LP","key_people":["Glendower SOF Team"],"document_date":"2017-09-30","document_type":"financial","document_subtype":"Investment Performance Report","key_organizations":["Glendower Capital","Forrestal Capital LLC"],"reference_numbers":["DB-SDNY-0099737","SDNY_GM_00245921","EFTA01393894"]}