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EFTA Document EFTA01393494Case File
efta-efta01393494DOJ Data Set 10CorrespondenceEFTA Document EFTA01393494
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GLOUS130 Aspen Grove Capital. 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 C-apitri analysis. and own est:Oates Lased on Greenhill Secondary Markel Trends & LASlook, Jemmy 2018: G•eertrill GP Solutiorm DisztKiwn fMterats. May 2017: and Dow Jon-es Rrvater Edialy
Analyst Guide to the Secondary Marker. June 201! .
F = FtneCaSt There is Elowarmitee the eVirnate tiFhliatted weint erraze.
Past market volume is not a prediction or 9tnrantee• of future market volume.
Glendower
Capital
STRICTLY CONFIDENTIAL
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e)
CONFIDENTIAL
DB-SDNY-0099064
SDNY_GM_00245248
EFTA01393494
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