SOF III - 1081 Southern Financial LLC
DB Secondaries leverages global sourcing capabilities
With particular strengh in Europe
Sourcing levers Seller location, by value2
Differentiated structuring
Access to >250 GPs and Access to DB PE global
capabilities of Secondary
>450 fund investments' platform'
Team
• Europe
North America Asia • North America
pi?•-e - nr",1
/4" Rest of the World
dr-i=
/ Lon
/ New York Deal source by value2
• Proprietary
• Limited process
!!! Syndication
• Auction = 0%
Perceived secondary market efficiency
1) DB PE's own calculation as of September 30. 2011 Subject to Deutsche Banks internal policies and procedures. GP = General Partner.
2) The DB Secondanes Funds' portfolio by fair market value as at September 30: 2013 Historical deal characteristi
cs do not provide a prediction of future trends.
Deutsche Asset
Wealth Managerneni 20
CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 109194
CONFIDENTIAL SDNY_GM_00255378
EFTA01452274