GLDUS238 SOUTH ERN FINANCIAL LLC Glendower Capital Secondary Opportunities Fund IV, LP LY ,,ONFOENTIAL 2' QUARTER 2018 ACCREDITED INVESTORS AND QUALIFIED PURCHASERS ONLY CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-005R161 SDNY GM_00201245 EFTA01364513