The document provides performance information for the Glendower Capital Secondary Opportunities Fund IV, LP, including metrics such as Distributions to Paid-In Capital (DPI), Gross and Net Internal Rate of Return (IRR), and Total Value to Paid-In Capital (TVPI). It explains the calculation methods for these metrics, the effects of leverage on IRR, and the inherent uncertainties in Net Asset Value (NAV) estimation. The document also discusses benchmark analysis against other private equity funds.
doj/DataSet10/EFTA01386692.pdf
{"title":"Appendix 5 Important Performance Information","document_date":"2017-06-30","document_type":"financial","document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital","Southern Financial LLC"],"reference_numbers":["DB-SDNY-0088496","SDNY_GM_00234680","EFTA01386692"]}