EFTA Document EFTA01451539

SOF III - 1081 Southern Financial LLC The Offshore Feeder Fund has only recently been organized and has no financial or operating history. No U.S. or non-U.S. agency has passed upon the Interests or made any finding or determination as to the fairness of an investment in the Offshore Feeder Fund. The Offshore Feeder Fund will (i) not be registered under the 1940 Act, (ii) issue illiquid securities that are not registered under the Securities Act or any U.S. State or non-U.S. laws and (iii)