EFTA Document EFTA01451794

SOF III - 1081 Southern Financial LLC Merits of Secondary Investing - The private equity secondaries market provides a way for investors to sell their existing private equity Investments despite the illiquid nature of the asset class - The secondary strategy has the potential for an attractive risk-reward profile: - Investments in mature assets that typically yield more predictable and earlier cash flows - Investments draw down and return capital more quickly than with primary funds - this