EFTA01460565.pdf

1 Private Markets STRICTLY PRIVATE & CONFIDENTIAL, FOR INTERNAL DISTRIBUTION ONLY Private Markets Framework: Key Product Channels LAP ® Private Markets: three business AFS ARA JV lines, RE/Infra via JV with ARA. Co-Invest Private Real Estate & Third Party Funds Equity Infrastructure th All deals subject to full due Global fund launches Private Equity co- RE: diligence to AWM fiduciary with leading, 'brand investment deals from Typically development name' GPs. most prominent projects, property standards. portfolios and RE distributed GP Sourced and relationships. operating platforms structured by AFS PM (e.g. hotels) in London, ® Deals may be originated by with full DD, approvals. Typically syndicated New York, Germany. from positions invested Private Markets, or from other in by AFS DB PE Infrastructure: sources. funds, i.e., full with Direct investments in DD/IC approval. various projects such as energy, Potential to cover transportation, ts Deals from other sources (such sponsored M&A and renewables etc. as AWM clients or CFP) that fall corporate finance opportunities. i.e.. with Both sourced and under these business lines go an external GP or structured by the JV. through full due diligence. arranger. All AWM clients: Typically: Typically: th Current approval process • Institutions • Institutions • Institutions described in the schematic on the • KCP • KCP • KCP following slide. • Wealth Management Deutsche Asset 3 Wealth Manage met, 2 CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0121913 CONFIDENTIAL SDNY_GM_00268097 EFTA01460565