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sd-10-EFTA01451811Dept. of Justice

EFTA Document EFTA01451811

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SOF Ill - 1081 Southern Financial LLC 2013 dealflow still at the high level seen since 2008 With DB Secondaries continuing to emphasize rigorous selection Deal flows Opportunities reviewed vs. investments completed' Deals per week 8 - Total # of deals 7 6 5 4 3 I I 1 1 I 1 2 2008 2009 2010 2011 2012 Q3 2013 # of deals 1600 1400 1200 1000 800 600 400 200 -$217bn in volume reviewed Transacted: • 0.4% by value • 2.4% by number Deals reviewed Investments

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Dept. of Justice
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sd-10-EFTA01451811
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