Deutsche Asset
& Wealth Management
Secondary Opportunities Fund Ill
Private Client Feeder Fund (U.S.), L.P.
For eligible U.S. taxable investors and certain eligible U.S. tax-exempt investors only
Overview — January 2014
Not for public viewing or distribution I Investment products:
No bank guarantee I Not FDIC insured I May lose value
NOT FOR PUBLIC DISTRIBUTION - ONLY FOR INVESTORS ELIGIBLE TO INVEST IN PRIVATE EQUITY FUNDS
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0109174
CONFIDENTIAL SDNY_GM_00255358
EFTA01452257