EFTA Document EFTA01451954

SOF III - 1081 Southern Financial LLC Section 4: DB Private Equity Secondary Opportunities Fund III: LP DB Private Equity The Manager believes that the Deutsche Bank network and DB PE business provide the Fund with a distinct competitive advantage in sourcing, evaluating and maximising the value of investment opportunities." Secondary Team SOF Ill will be the third dedicated secondary fund formed by DB PE. The Fund will be managed by the Manager and the Secondary Team. The Secondary Team