GLDUS113 Cliff 'Nig Section 5: Fund Management Glendower Capital Secondary Opportunities Fund IV. LP University of Pennsylvania's Wharton School of Business. Philippe Femeini (34), Vice President. Based in London. Philippe is responsible for the origination, valuation, execution and monitoring of secondary investments. Prior to joining Glendower Capital. Philippe spent four years at Deutsche Asset Management valuing. executing and monitoring secondary investments for the S0F Business. He worked for 3 years at Credit Suisse as an investment banking Associate in the Global Industrials Group and for two years at Booz & Company as a Senior Consultant in the Financial Services Practice. Philippe holds an MBA from the University of Chicago Booth School of Business and a Master of Engineering (Dpitome dingenieur) from Telecom ParisTech. Elena Smimova (31), Vice President. Based in London. Elena is responsible for the origination. valuation, execution and monitoring of secondary investments. Prior to joining Glendower Capital. Elena spent two years at Deutsche Asset Management valuing, executing and monitoring secondary investments for the S0F Business. From 2012 to 2015 Elena worked in HSBC's Financial Institutions Advisory unit, where she focused on origination and execution of strategic events. Elena first joined HSBC in 2010 in their Global Banking and Markets business. Elena graduated from the Russian Presidential Academy of National Economy and Public Administration with a first class degree in Business Administration and Management in 2008 and holds an MSc in Global Banking and Finance from the European Business School in London. Louise Schoeman (36), Vice President - Finance. Based in London. Louise is responsible for the set up and operations of the finance platform for the management company structure and in the set up and ongoing requirements for the compliance and risk management functions for the platform. Prior to Glendower Capital, Louise