Illegal Activity
none
Blackmail
none
Date
2018-01
Document Type
memorandum
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This document discusses the Glendower Capital Secondary Opportunities Fund IV. LP and provides an overview of secondary market pricing trends from 2005 to 2017. It highlights the rebound in secondary market pricing after 2009 and the manager's view on a healthy market with discounts in the 10% to 20% range.
Metadata
- Subject
- Glendower Capital Secondary Opportunities Fund IV. LP
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0095882
- Date
- 2018-01
Relationships 3
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Glendower Capital | analysis and estimates based on | Greenhill | Glendower Capital's analysis and estimates are based on Greenhill Secondary Market Trends & Outlook January 2018 |
| Glendower Capital | analysis and estimates based on | Cogent Partners | Glendower Capital's analysis and estimates are based on Cogent Partners Secondary Market Trends & Outlook July 2014, Cogent Partners Secondary Market Update, March 2009 |
| Glendower Capital | analysis and estimates based on | Dow Jones | Glendower Capital's analysis and estimates are based on Dow Jones Private Equity Analyst Guide to the Secondary Market, June 2017 |
Notable Quotes 2
Secondary market pricing has rebounded from the high discounts and low volumes of 2009 to remain stable at around 10% discount to NAV from 2014 to date.
The Manager believes that the secondary market transacts in a healthy manner when headline pricing to the seller is in the 10% to 20% discount to reference date NAV range.
Financial Information
Amounts:10%20%
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 6
Third Lake CapitalGlendower CapitalGlendower Capital Secondary Opportunities Fund IV. LPGreenhillCogent PartnersDow Jones
Text Analysis
- Tone
- Informative
- Purpose
- To provide information on secondary market pricing and the Glendower Capital Secondary Opportunities Fund IV. LP.
- Significance
- Provides insight into secondary market pricing trends and the manager's perspective on a healthy market.
File Info
- File Name
- EFTA01391127.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:09.163516
- DOJ Source
- View on DOJ