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efta-01386461DOJ Data Set 10OtherEFTA01386461
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DOJ Data Set 10
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efta-01386461
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GLDUS238 SOUTHERN FINANCIAL LLC
Secondary market volume remains at record levels
Market is evolving with GP-led transactions now representing 25% of volume
Secondary market volumes 2006 - 2018F
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018F
GP-led Secondary
■ Fund Secondary
Source. Glendower Capita= analysis. and own eskinates Lased on Greenhill Secondary Market Trends & Lk*look, Jemmy 2018: G•eertrill GP •'!char% DlectNtwn 1Mterats. May 2017: and Dow Jon-es Pr ;ate Ediaty
Analyst Guide to the Secondary Marker. June 201! .
F = Forecast There la r:* warmitee the eVirnate €rejhl!0!ttd wit rIt erraze.
Past market volume is not a prediction or gttirantr:•e of future market volume.
Glendower
Capital
STRICTLY CONFIDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
CONFIDENTIAL
DB-SDNY-0088174
SDNY_GM_00234358
EFTA01386461
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