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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01392108: Warren and Controlled (DS10)

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This document is a fund prospectus or investment document for Glendower Capital Secondary Opportunities Fund IV, LP, which discusses investment in controlled foreign corporations (CFCs) and related tax considerations. Glenn Warren is identified in connection with section 9 covering legal, ERISA, and tax considerations. The document addresses how the fund may invest indirectly in non-U.S. corporations classified as CFCs.

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**Controlled** foreign corporations.
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The Fund may invest (including indirectly through Fund Secondaries) in non-U.S. corporations treated as "**controlled** foreign corporations" ("CFCs").
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GLDUS144 Glenn **Warren** Section 9: Certain Legal, ERISA and Tax Considerations Glendower Capital Secondary Opportunities Fund IV, LP taxable years beginning

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