EFTA Document EFTA01451802

SOF I - 1081 Southern Financial LLC DB SOF and DB SOF D are ranked top decile Cambridge Associates' Second i i aids performance' 2 Secondary funds - Net IRR to limited partners Secondary funds - Net multiples to limited partners 45% 35% 5% • ♦ DB SOF Net IRR = 36% DB SOF Net IRR = 25% • * • • • Ls%) 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Irk *Upper Quartile • Lower Quartile • Pooled Return Net Multiples to Pad-in Capital 2 Ox DB SOF TVPI = 1.9x DB SOF DPI =