Illegal Activity
none
Blackmail
none
Date
2017-08-01
Document Type
memo
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document is an executive summary of Glendower Capital Secondary Opportunities Fund IV. LP. It describes the spin-out of the SOF Team from Deutsche Asset Management to form Glendower Capital and highlights the benefits and opportunities in the secondary investment market.
Metadata
- Subject
- Glendower Capital Secondary Opportunities Fund IV. LP
- Sender
- Greg Martin
- Recipients
- —
- Document ID
- DB-SDNY-0040573
- Date
- 2017-08-01
Relationships 2
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower Capital | Business | Deutsche Asset Management | Investment professionals and key operations professionals of the SOF Team spun-out and formed Glendower Capital to continue the secondary investment strategy developed at Deutsche Asset Management. Certain arrangements are in place between Deutsche Asset Management and Glendower Capital in order to provide operational continuity to the SOF Funds throughout their remaining term. |
| Glendower Capital | Investment Advice | SOF Funds | Glendower Capital will continue to provide investment advice and the Managing Partners will provide investment management services to Deutsche Asset Management with respect to the SOF Funds |
Notable Quotes 2
The secondary market has transitioned from a cyclical distressed play to an institutionalized market where US$58 billions was transacted in 2017 by a wide range of sellers, including pension funds, sovereign wealth funds. endowments and foundations, asset managers, financial institutions and family offices.
Secondary market pricing has normalized and remains stable at ca. 90% of Fair Market Value CFMV1 since 201010 within the range acceptable to both buyers and sellers leading to record secondary transaction volumes.
Financial Information
Amounts:US$614 millionUSS1.654 billionUS$58 billionsUSS125 billion
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
People 1
Organizations 8
Glendower CapitalDeutsche Asset ManagementGlendower Capital Secondary Opportunities Fund IV. LPGreenhillPreqinBain & CompanySecondary Opportunities Fund II. LP ('SOFSecondary Opportumbes Fund III. LP CSOF
Text Analysis
- Tone
- Professional
- Purpose
- To provide an executive summary of Glendower Capital Secondary Opportunities Fund IV. LP and highlight investment opportunities.
- Significance
- The document outlines the transition of the SOF Team to Glendower Capital and the ongoing relationship with Deutsche Asset Management. It also highlights the benefits of secondary market investing and the compelling investment opportunity.
File Info
- File Name
- EFTA01355415.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:16.564865
- DOJ Source
- View on DOJ