EFTA01452276.pdf

SOF III - 1081 Southern Financial LLC DB Secondaries is positioned to emphasise pricing discipline over volume Fund size' • AlpInvest2 • LGT $m • Ardian2 • Neuberger 10.000 • Coller Berman — PE market • Goldman • Pantheon indexing Sachs • Partners Group — Global • HarbourVest • Paul Capital • Landmark • Strategic — Volume-driven Partners` • Lexington • Adams Street • Hamilton Lane 2020 • Arcano • JPMorgan --- Value investing • ARCIS • Morgan Mid-sized — Regional / global • Committed Stanley I—. I funds 4— Advisors • Newbury — Selective, pursue lllINv ea\ C • DB • PineBridge proprietary deals 500 0 0 • Secondaries • Pomona • 0 ' • • • 0 0 • m • • Fondinvest • Portfolio — Value investing • • • 'I • •• 0• a • 0 • Greenparks Advisors • • 0 • • 17 Capital • Montauk Small — Local •• • • ••. • sb 8 • • 9o TriGuard funds — Niche strategies • S. • •• •• • a • Access • Adveq • Permal • 0 • • • Private Equity 100 ••• a a a • • • Auda 1936 1998 2000 2002 2004 2006 2008 2010 2012 2014 Investors • Capital Dynamics • RCP • Cubera • TIFF Fund size • Unigestion • Five Arrows • 4500m • $500 • 2000m • >52000m • VCFA • Headway 04500m (raising) ,:•$ii5C0 • 2000m (raising) 0>$2000m (raising) • Willowridge • Keyhaven • DB Secondaries Sows: Preen tibial:dim December 2013. peovec.corn Sop/ember 4.2013. 1 Sue of cuclo cortelat tvdrt the rem of the fund. 2 An &Albite ol The Call* Group 3. Formed,/ know, as AM. 4 An altitude of thu Mackstone Group. S Now post of ropstone Group. Deutsche Asset 1114C10 Manaj f1 0 N10€ 22 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0109196 CONFIDENTIAL SDNY_GM_00255380 EFTA01452276