The document provides an analysis of the investment performance of Glendower Capital's Secondary Opportunities Funds (SOF, SOF II, and SOF III). It compares the funds' performance in terms of Net Contributed Capital, Net IRR, TVPI, and DPI. The funds show strong consistency in performance metrics, with Net IRR converging at around 20% after 20 quarters and TVPI converging to the 1.65x range by liquidation. The report emphasizes the consistency of the investment strategy since 2006 and notes that past performance is not indicative of future results.
doj/DataSet10/EFTA01392411.pdf
{"title":"Investment Performance of Glendower Capital Secondary Opportunities Fund IV, LP","key_people":["Patrick Gerschel"],"document_date":"2017-09-30","document_type":"financial","document_subtype":"Investment Performance Report","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0097631","SDNY_GM_00243815","EFTA01392411"]}