EFTA Document EFTA01451908

SOF III - 1081 Southern Financial LLC Lack of Operating History. The Feeder Funds are newly-formed entities and there can be no assurance that the Feeder Funds or the Master Fund will achieve their investment objectives. As a result, Investors have only limited information as to the potential assets of the Feeder Funds and the Master Fund or other relevant economic and financial information to assist them in evaluating the merits of investing in a Feeder Fund. Fund Not Registered. The Feed