document_description: This document outlines the terms and conditions related to the replacement of a manager in a fund managed by Southern Financial LLC. It specifies the rights and obligations of the replacement manager, particularly in relation to the distribution of shares and the status of affiliated partners. It also details the maintenance of books and records by the General Partner, including the standards for financial reporting and the rights of partners to inspect these records.


source: doj

document_description: The document outlines the audit and reporting requirements for the Fund managed by Southern Financial LLC. It specifies that the Fund's books and records will be audited annually by one of the major accounting firms and that financial reports will be prepared and distributed to Limited Partners. These reports will include audited annual reports and unaudited quarterly reports, detailing the Fund's assets, liabilities, net profit or loss, and other financial information.


document_description: The document outlines the obligations of the General Partner to provide quarterly and annual reports, tax information, and other relevant data to Limited Partners. It specifies the methods of communication and the conditions under which information is shared. It also details the requirement for an annual meeting to review the Fund's investment performance.


document_description: The document outlines the responsibilities of the General Partner to provide tax-related information to Limited Partners upon request and details the indemnification provisions for Covered Persons involved with the Fund. It specifies the conditions under which indemnification is applicable, including the exclusion of indemnification for damages arising primarily from Disabling Conduct. The document also mentions the requirement for the General Partner or Manager to notify the Advisory Committee before paying any amounts related to legal proceedings.


document_description: The document outlines the indemnification provisions for Covered Persons involved in proceedings related to Southern Financial LLC. It specifies that settlements do not imply damages arose from Disabling Conduct, and details the process for notifying the Advisory Committee of settlements. It also covers the advancement of reasonable expenses for defense or settlement of claims, and the conditions under which the Fund will assume defense of proceedings.


document_description: This document outlines the indemnification provisions for Covered Persons in connection with legal proceedings related to the Fund. It details the conditions under which indemnification is provided, the survival of protection, the establishment of reserves, and the cumulative rights of Covered Persons. It also includes provisions for the return of distributions to satisfy indemnification obligations.


document_description: This document outlines the liability and distribution return obligations of Limited Partners in a fund, as well as the General Partner's responsibilities in seeking other sources of recovery before requiring distribution returns.


document_description: The document outlines indemnification agreements for Covered Persons associated with a fund managed by a General Partner, including provisions for transfers by Limited Partners. It specifies conditions under which indemnification and transfers can occur, particularly focusing on affiliates of Deutsche Bank and the consent required from the Manager for transfers.


document_description: This document outlines the conditions under which a Limited Partner can transfer their interest in Southern Financial LLC. It specifies the requirements for both the Transferor and the Transferee, including payment of expenses, notification periods, legal qualifications, and compliance with various securities laws.


document_description: This document outlines the conditions under which a transfer of assets in the Southern Financial LIS Fund can occur. It specifies that such transfers must not result in the assets being considered 'plan assets' under ERISA or section 4975 of the Code. It also details the conditions under which a transferee can be admitted as a substitute partner in the fund, requiring the manager's consent. The document includes specific regulatory references and conditions related to securities exchanges and market trading.


document_description: This document outlines the conditions under which the General Partner and other Limited Partners affiliated with Deutsche Bank can transfer their interests in the fund. It specifies the requirements for such transfers, including the need for consent from the Manager and the Advisory Committee, and the conditions under which a transferee can be admitted as a replacement general partner or substitute limited partner. It also states that any transfer not in compliance with the agreement will be void and may result in the designation of the transferor as a Defaulting Partner.


document_description: The document outlines the conditions and procedures for admitting a Subsequent Closing Partner to the Fund managed by Southern Financial LLC. It specifies the necessary documents, legal compliance, and financial contributions required for admission. It also details the payment and adjustment obligations of the Subsequent Closing Partner upon admission.


document_description: The document outlines the financial arrangements and adjustments related to the contributions and distributions among partners in a fund, including provisions for subsequent closing partners and multi-fund adjustments.


document_description: This document outlines the dissolution and winding up process for a fund managed by Southern Financial LLC. It specifies the conditions under which the fund will be dissolved, including the expiration of the term, sale of all assets, withdrawal or bankruptcy of general partners, or changes in applicable laws.


document_description: The document outlines the conditions under which the Fund may be dissolved and the process for winding up, including liquidation of assets and distribution of proceeds. It specifies the order of priority for satisfying debts and liabilities, and the establishment of reserves for the Fund's obligations.


document_description: This document outlines the distribution and liquidation procedures for Southern Financial LLC, including the order of distribution to partners, provisions for liquidation, and clawback provisions for the Special Limited Partner.


document_description: The document outlines provisions related to tax distributions, dissolution, and amendments within a partnership agreement. It specifies the conditions under which distributions are made to the Special Limited Partner and the process for dissolution following the completion of certain provisions. Additionally, it details the procedures for amending the agreement, including the consent required from the General Partner and a Majority in Interest.


document_description: The document outlines the conditions under which the agreement for Southern Financial LLC can be amended. It includes provisions for compliance with various laws and regulations, changes to the fund's name, and amendments necessary for legal, tax, regulatory, or accounting reasons. Special consent is required for certain amendments that could adversely affect specific partners.


document_description: This document outlines the conditions under which amendments to a partnership agreement can be made, specifically focusing on the consent required from various partners, including BHC Partners, ERISA Partners, and Public Plan Partners. It details the percentage of commitments needed for consent and the conditions under which amendments can affect distributions, allocations, and partner rights.


document_description: This document outlines the provisions for amendments to a partnership agreement, including the execution of amendments by the General Partner and the power of attorney granted to GP Ltd and the Manager. It specifies the authority to execute necessary documents for the Fund's operations in various jurisdictions.


document_description: The document outlines the powers and responsibilities of GP Ltd in relation to the management and operation of a fund, including the formation of parallel funds, transfer of interests, and dissolution of the fund. It specifies the instruments GP Ltd can execute and the conditions under which amendments to the agreement can be made.


document_description: The document outlines the power of attorney provisions for Southern Financial LLC, specifying that the power of attorney is irrevocable and survives the disability, incompetence, or legal issues of any Limited Partner. It details the rights and remedies available to the Fund in case of default by a Limited Partner, including recovery of costs and specific performance. Notices related to the agreement are to be delivered to specified addresses, including Deutsche Bank AG in London and Deutsche Bank (Cayman) Limited in the Cayman Islands.


document_description: This document outlines the terms and conditions of a partnership agreement for Southern Financial LLC, including provisions for notices, interpretation, and successors and assignees. It specifies how notices should be given, the interpretation of terms, and the binding nature of the agreement on successors and assignees.


document_description: This document outlines sections 13.5 to 13.7 of a partnership agreement for SOF III - 1081 Southern Financial LLC. It covers severability, further actions required by limited partners, and determinations of the partners. The agreement specifies that if any term is invalid, the rest remain effective, and partners must execute necessary documents for the fund's operations. It also details decision-making authority and standards for partners, emphasizing good faith and the finality of the General Partner's determinations.


document_description: This document outlines specific clauses of an agreement involving Southern Financial LLC, including non-waiver provisions, applicable law and jurisdiction, and confidentiality obligations. The agreement is governed by the laws of England and Wales, with certain interpretations under Delaware law. Confidentiality is emphasized, with specific conditions under which information may be disclosed.


document_description: This document outlines the disclosure and confidentiality provisions related to the financial operations of SOF III - 1081 Southern Financial LLC. It specifies the conditions under which information can be disclosed to ERISA Partners, investors, limited partners, or shareholders, particularly in relation to audits, tax treatment, and tax structure. It also details the rights of the General Partner or Manager to withhold certain information deemed as trade secrets or potentially damaging to the Fund.


document_description: This document outlines confidentiality obligations and disclosure permissions for partners involved with SOF III - 1081 Southern Financial LLC. It specifies conditions under which information can be disclosed, particularly for Public Plan Partners subject to public disclosure laws. It also details the survival of certain obligations beyond the termination of the agreement.


document_description: This document is an excerpt from a partnership agreement involving Southern Financial LLC. It includes clauses on waiver of partition rights and the entire agreement clause, which allows for side letters or other written agreements to be made with limited partners without the consent of other partners. These side letters can establish rights or alter terms of the agreement, and the general partner is required to disclose these to the limited partners.


document_description: The document outlines the rights of Eligible Investors and Feeder Funds in relation to Additional Rights established by Side Letters. It specifies conditions under which these rights can be elected and the limitations on such elections.


document_description: This document outlines various provisions related to the management and operation of a financial fund, including confidentiality obligations, VAT responsibilities, third-party beneficiary rights, set-off rights, and compliance with anti-money laundering requirements. It specifies that the fund and its partners have certain rights and obligations, particularly in relation to VAT payments, third-party rights, and anti-money laundering compliance.


document_description: This document outlines various clauses related to the partnership agreement of Southern Financial LLC, including non-recognition of trust arrangements, counsel representation, currency definitions, execution as a deed, and agent for service for non-UK residents.


document_description: This document is an agreement executed as a deed by Leonardo Secondary Opportunities Fund III (GP) Limited and Leonardo Secondary Opportunities Fund III (Alternate GP), LP. It includes signatures for execution but the names and titles are not filled in.


document_description: This document appears to be a financial record related to Southern Financial LLC, marked as confidential under Federal Rules of Criminal Procedure.


document_description: The document is an agreement executed by Deutsche Alternative Asset Management (Global) Limited, acting as the Manager, outlining rights, obligations, and duties related to the Fund. The Manager is not deemed a partner of the Fund.


document_description: This document is an Investment Management Agreement, labeled as Exhibit 1, related to Southern Financial. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document is a confidential notice to certain non-U.S. residents, related to Southern Financial LLC, and is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: A memorandum from Southern Financial LLC regarding the private placement of interests, with notices to non-U.S. residents, specifically addressing legal and tax considerations for investors in Argentina and Australia. It emphasizes the confidentiality of the document and the need for investors to comply with local laws and regulations.


document_description: This memorandum outlines the conditions under which financial interests will be offered or issued in Australia, the Bahamas, and Bahrain. It specifies that the offer is not for retail investors in Australia and details the legal requirements for potential investors in these regions. It also clarifies that the offer in Bahrain is a private placement and not subject to public offering regulations.


document_description: This document is a notice to residents of Brazil, the Cayman Islands, and Chile regarding the offering of interests by Southern Financial LLC. It states that the interests are not registered with the respective securities commissions of these countries and outlines the restrictions on offering and selling these interests in these jurisdictions.


document_description: This document is an investment offering memorandum for Southern Financial LLC, detailing the terms and conditions under which interests are offered. It includes specific notices to residents of Colombia, Egypt, and Guernsey regarding the legal and regulatory requirements for investment in these jurisdictions.


document_description: This document is a table of contents for the SOF III - 1081 Southern Financial LLC, detailing sections related to capital accounts, distributions, management, and indemnification.


document_description: This document outlines the partnership agreement for SOF III - 1081 Southern Financial LLC, detailing procedures for transfers of interests, dissolution and termination, amendments, consents, voting, meetings, records, reports, tax matters, and power of attorney.


document_description: Table of contents for a legal document related to Southern Financial LLC, detailing sections on general provisions, notices, confidentiality, and more.


document_description: This document is an amended and restated agreement of limited partnership for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P., a Delaware limited partnership. It outlines the terms for making certain investments and reflects changes such as the withdrawal of the Initial Limited Partner and the admission of new Limited Partners.


document_description: This document is an excerpt from the Amended and Restated Agreement of Limited Partnership for SOF III - 1081 Southern Financial LLC. It defines various terms used in the agreement, such as 'Administrator', 'Affiliate', 'Agreement', 'Approved Agent', 'Attorney', 'Auditors', 'Book Item', 'Business Day', 'Capital Account', 'Capital Commitment', 'Capital Contribution', and 'Claims and Expenses'. The document outlines the roles and definitions pertinent to the partnership's operations and governance.


document_description: This document outlines definitions and terms related to a partnership agreement for Southern Financial LLC, including definitions for terms such as 'Feeder Funds', 'Fiscal Period', 'Fiscal Year', 'Funding Reserve', 'GAAP', 'General Partner', 'HIRE Act', 'Incapacity', 'Indemnified Person', 'Initial Closing Date', 'Initial Limited Partner', and 'Interest'.


document_description: This document outlines the terms and definitions related to the investment in the Master Fund by Limited Partners through the Onshore Feeder Fund. It includes definitions for terms such as Invested Capital, Investment Company Act, Investment Expenses, Investment Management Agreement, Investment Manager, Investment Period, LIBOR, Limited Partner, Majority in Interest, Master Fund, and Master Fund Default.


document_description: This document outlines the terms and definitions related to the financial management of the Master Fund, including management fees, net asset value, net cash flow, and net profits/losses. It specifies the roles of the Master Fund General Partner and the Second Master Fund General Partner, and details the calculation of net profits and losses for tax purposes.


document_description: This document outlines the terms and conditions related to the Offshore Feeder Fund and Onshore Feeder Fund, including management fees, operating expenses, and organizational expenses. It specifies the management fee structure during and after the investment period, and details the types of expenses considered as operating and organizational expenses.


document_description: The document outlines the financial structure and expenses related to the Offshore Feeder Fund's indirect investment in the Master Fund. It details various costs including tax advisory, start-up, custodial, administrative, and marketing expenses. Organizational expenses for the Partnership are estimated at $800,000. Definitions for terms like 'Original Agreement', 'Parallel Investment Entity', 'Partner', and others are provided.


document_description: This document outlines the terms and conditions of the partnership agreement for the Secondary Opportunities Fund HI Private Client Feeder Fund (U.S.), L.P. It includes definitions of key terms, rules of construction, general provisions such as the name, term, and registered agent of the partnership, and the admission of limited partners.


document_description: The document outlines the terms for admitting additional or substituted Limited Partners to the Partnership, including capital contributions, placement fees, and conditions for increasing capital commitments. It specifies the financial obligations of new and existing partners during Subsequent Closings, including interest rates and payment terms.


document_description: The document outlines the financial terms and conditions for Limited Partners in a partnership investing in a Master Fund. It details the obligations of Limited Partners, including capital commitments, security interests, and payment of fees. It also describes the purposes and powers of the partnership, which include investing in the Master Fund and managing cash reserves.


document_description: The document outlines the powers and authorities of the Partnership, including capital contributions, borrowing powers, and the establishment of Parallel Investment Entities. It specifies the intention for the Partnership to be treated as a partnership for U.S. federal income tax purposes and details the conditions under which Limited Partners may be required to participate in Parallel Investment Entities.


document_description: This document outlines the rights and obligations of Limited Partners in the SOF III - 1081 Southern Financial LLC partnership. It specifies the process for becoming a Limited Partner, the limitations on their rights, and the nature of their interest in the partnership. It also addresses issues such as partition rights, priority among partners, and conditions for withdrawal or transfer of interest.


document_description: The document outlines the terms and conditions related to the transfer of interests, capital contributions, and drawdowns for Limited Partners in a partnership involving Deutsche Bank. It specifies conditions under which a Limited Partner's interest may be forfeited or compulsorily repurchased, particularly if dealings with them are prohibited by law or pose reputational risks. It also details the process for capital contributions and drawdowns, including the responsibilities of the General Partner.


document_description: The document outlines the actions that can be taken by the General Partner or Investment Manager in the event of a default by a Limited Partner in the partnership. These actions include transferring the defaulting partner's interest, reducing their interest, prohibiting participation in future capital calls, and charging interest on the default amount. The General Partner has discretion to exercise remedies and allocate losses related to a Master Fund Default to the defaulting partner's interest.


document_description: The document outlines the assignment of capital contributions and the liability of limited partners within a partnership. It specifies the conditions under which the General Partner can assign capital commitments as security for debts and the obligations of limited partners. It also details the management of capital accounts, including how they are adjusted for contributions, profits, losses, and distributions.


document_description: This document outlines the terms of a partnership agreement for Southern Financial LLC, focusing on the distribution of property, tax elections, and expenses. It specifies how non-cash assets are treated for tax purposes, the discretion of the General Partner in making tax-related decisions, and the allocation of expenses related to specific Limited Partners. It also details the distribution of net cash flow to partners.


document_description: The document outlines the distribution and withholding provisions for partners in a financial partnership. It specifies conditions under which distributions can be made in kind and treated as cash, and details the withholding rights of the General Partner for taxes, debts, and reserves.


document_description: This document outlines the management and authority structure of a partnership, specifically detailing the roles and responsibilities of the General Partner and the voting rights of Limited Partners. It specifies the General Partner's authority to manage the business and affairs of the Partnership, the process for soliciting consent from Limited Partners, and the voting procedures for interests in the Master Fund.


document_description: This document outlines the procedures for the removal and replacement of the General Partner and the Investment Manager in a partnership. It specifies the conditions under which the General Partner can be removed and replaced by the consent of a majority of limited partners, and the process for delegating powers to an Investment Manager. It also details the powers retained by the General Partner despite any delegation.


document_description: The document outlines the roles and responsibilities of the Investment Manager for the partnership, including the appointment of Deutsche Bank Trust Company Americas as the initial Investment Manager. It details the rights and powers delegated to the Investment Manager, the ability to engage in outside businesses, and the allocation of expenses among partners.


document_description: This document outlines the exculpation, indemnification, and insurance provisions for the partnership. It specifies the conditions under which indemnified persons are protected from liability, the responsibilities of the General Partner and Investment Manager, and the duties and liabilities of indemnified persons under the agreement.


document_description: This document outlines the terms of a partnership agreement for SOF III - 1081 Southern Financial LLC. It includes provisions for decision-making by the General Partner or Investment Manager, indemnification of Indemnified Persons, advancement of expenses, and notice of proceedings. The General Partner or Investment Manager has discretion in decision-making and is indemnified against claims unless found guilty of fraud, willful misfeasance, or gross negligence. The partnership will advance legal expenses for Indemnified Persons, who must repay if indemnification is not warranted.


document_description: The document outlines indemnification and insurance provisions for Indemnified Persons within the partnership, as well as the conditions under which a Limited Partner's interest can be transferred. It specifies the rights and obligations of the Partnership and Limited Partners in legal proceedings and insurance matters.


document_description: This document outlines the conditions and requirements for the transfer of interests in a partnership, including the need for legal opinions, compliance with securities laws, and the payment of transfer-related expenses. It specifies the responsibilities of substituted or additional limited partners and the conditions under which they are admitted to the partnership.


document_description: This document outlines the terms and conditions related to the transfer of interests and dissolution of a partnership involving Southern Financial LLC. It specifies the indemnification responsibilities of transferring Limited Partners, conditions under which the General Partner can transfer its interest, and the events that would lead to the dissolution of the partnership. It also details the process for liquidation upon dissolution.


document_description: This document outlines the conditions under which amendments to the partnership agreement can be made. It specifies the need for consent from a majority of limited partners for certain changes, while allowing the general partner to make amendments without consent under specific conditions.


document_description: This document outlines the confidentiality, accounting, and tax reporting obligations of the General Partner in a partnership agreement. It specifies the conditions under which the General Partner can withhold information from Limited Partners, the preparation and distribution of annual and quarterly financial reports, and the provision of tax information to Limited Partners. The General Partner is also designated as the 'tax matters partner.'


document_description: This document outlines the roles and responsibilities of the Tax Matters Partner and the General Partner in relation to tax filings and audits for the Partnership. It specifies the appointment of auditors and the power of attorney granted to the General Partner and other designated parties.


document_description: The document outlines the powers and responsibilities of the General Partner, Investment Manager, and Limited Partners in the partnership, including the execution of necessary documents for partnership operations and dissolution. It also details the irrevocable power of attorney granted to secure obligations and the process for notices and communications within the partnership.


document_description: This document outlines the communication, confidentiality, and information sharing protocols for Limited Partners in the SOF III - 1081 Southern Financial LLC partnership. It specifies how notices should be communicated, the confidentiality obligations of Limited Partners, and the information they must provide to the General Partner and Investment Manager.


document_description: The document outlines the terms and conditions of the partnership agreement for SOF III - 1081 Southern Financial LLC. It includes clauses on information disclosure, the entire agreement, and binding effect. Limited Partners are required to comply with information requests and acknowledge the potential consequences of non-compliance. The agreement also discusses the use of Side Letters and their implications for Limited Partners.


document_description: This document is a section of a partnership agreement for Southern Financial LLC, detailing legal provisions such as severability, waiver, governing law, and jurisdiction. It specifies the rights and obligations of limited partners, general partners, and other indemnified persons, and outlines the legal framework governing the agreement, including the application of Delaware law and jurisdiction in New York courts.


document_description: This document is a section of a partnership agreement for SOF III - 1081 Southern Financial LLC. It outlines the legal jurisdiction for disputes, consent to service of process, waiver of jury trial, and details about the counsel to the partnership. It specifies that Cleary Gottlieb Steen & Hamilton LLP and Stuarts Walker Hersant are retained as counsel for U.S. and Cayman Islands matters, respectively. The document also includes provisions about the table of contents, headings, and the execution of the agreement in counterparts.


document_description: This document is an execution and delivery of an agreement as a deed for the partnership involving Southern Financial LLC. It includes sections for execution by the General Partner and Limited Partners, but specific names and dates are not filled in.


document_description: This document is a deed executed and delivered by Christopher Maranto, the initial limited partner, for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It includes a signature page for the amended and restated agreement of limited partnership.


document_description: This document is a subscription agreement for the Onshore Feeder Fund, outlining the terms and conditions under which an investor can acquire interests in the fund. It clarifies that the offering of interests in the Onshore Feeder Fund is separate from the Master Fund and that the Master Fund and its affiliates are not responsible for the Onshore Feeder Fund. The document includes representations and warranties by the investor regarding compliance with applicable laws and the accuracy of information provided. It also addresses the use of plan assets under ERISA for funding the investment.


document_description: The document outlines the legal considerations and agreements for an investor's participation in the Onshore Feeder Fund. It includes compliance with ERISA and other applicable laws, conditions for investments made on behalf of various types of employee benefit plans, and the requirement for capital contributions and distributions to be made through a Deutsche Bank Private Wealth Management Account. It also covers the consent for electronic receipt of Schedule K-1 and the implications of not consenting.


document_description: The document outlines the terms and conditions for investors in the Onshore Feeder Fund, including consent for electronic delivery of Schedule K-1 forms, requirements for updating contact information, and restrictions on Japanese investors. It also includes representations regarding the prevention of money laundering and compliance with U.S. and U.K. laws.


document_description: The document outlines the obligations and representations of an investor in the Onshore Feeder Fund, particularly concerning compliance with anti-money laundering laws in the UK and other jurisdictions. It specifies the investor's responsibility to provide identity verification and consent to information disclosure to governmental authorities if required. The document also highlights the potential freezing of the investor's interest if they become a prohibited person or fail to comply with regulations.


document_description: This document is a subscription agreement for SOF III - 1081 Southern Financial LLC, outlining the obligations and representations of the investor. It includes clauses on compliance with legal requirements, anti-money laundering measures, and indemnity provisions. The investor agrees to provide necessary information to the Investment Manager and General Partner and consents to the disclosure of information to third parties as required. The agreement also details the investor's obligation to notify the Investment Manager of any changes in personal or institutional information and to indemnify the Onshore Feeder Fund and related parties against losses arising from breaches of the agreement.


document_description: This document is a Subscription Agreement for SOF III - 1081 Southern Financial LLC. It outlines the payment terms for the investor, including the process for capital calls and the handling of rejected subscriptions. The agreement also includes confidentiality clauses regarding non-public information related to the Onshore Feeder Fund, the Master Fund, and other related entities. The investor is required to maintain confidentiality unless disclosure is legally required, and the document specifies the conditions under which information can be shared.


document_description: This document is a Subscription Agreement for SOF III - 1081 Southern Financial LLC, outlining the terms and conditions for investors. It includes clauses on tax disclosure, general binding terms, jurisdiction, suitability, and disclosure authorization. The agreement is governed by Delaware law and requires investor information to be accurate and complete. It also authorizes the General Partner to share investor account information for tax and legal purposes.


document_description: The document outlines the requirements for investors in the Onshore Feeder Fund, including the need to provide documentation to verify identity and source of funds. It also mentions the conditions under which the name of an investor may be disclosed, such as legal or regulatory requirements.


document_description: This document is a subscription agreement for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It outlines the capital commitment and placement fee for investors, and includes signature sections for entity and individual investors, as well as a Deutsche Bank representative or witness. The agreement also includes a clause regarding investment through Deutsche Bank accounts and compliance with the Investment Advisers Act of 1940.


document_description: The document is a subscription agreement for an interest in the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. The acceptance of the subscription is noted, but key details such as investor name, signatories, and dates are left empty. The document is marked confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document outlines the fees and expenses associated with the Onshore Feeder Fund and the Offshore Feeder Fund, including organizational, operating, and investment fund expenses. It details the responsibilities of the General Partner, Administrator, and Investment Manager in covering certain costs and the allocation of expenses among Limited Partners.


document_description: The document outlines the financial responsibilities and fee structures related to the Onshore Feeder Fund managed by Southern Financial LLC. It specifies that expenses incurred by the General Partner or Investment Manager will be specially allocated to Limited Partners and may be offset against cash distributions. It also details the use of Deutsche Bank affiliates and third-party placement agents for fund placement, including a one-time Placement Fee of up to 2.5% of the Limited Partner's Capital Commitment. The document mentions the possibility of fee waivers for certain investors, including Deutsche Bank employees.


document_description: The document outlines the privacy policy of the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. and Deutsche Bank Trust Company Americas. It emphasizes the commitment to maintaining the confidentiality, integrity, and security of investors' personal information. The policy details the types of personal information collected, the circumstances under which this information may be shared with third parties, and the measures taken to protect this information. It also specifies the limited conditions under which personal information may be disclosed to outside parties, such as legal and regulatory requirements.


document_description: This document is an investor questionnaire related to SOF III - 1081 Southern Financial LLC. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: This document is an investor questionnaire for individuals associated with SOF III - 1081 Southern Financial LLC. It requires personal and contact information from the investor, including full legal name, identification number, contact details, and birth information. Additionally, it allows for the designation of an additional interested party to receive correspondence.


document_description: This document is an investor questionnaire for Southern Financial LLC, part of SOF III. It includes sections on the investor's status as a politically exposed person, the source of funds for the investment, and a declaration for employees of Deutsche Bank. The document requires investors to disclose if they are politically exposed persons, detail the source of their investment funds, and for Deutsche Bank employees, acknowledge understanding of compliance with the Dodd-Frank Act.


document_description: This document is an investor questionnaire for entities (non-individuals) related to SOF III - 1081 Southern Financial LLC. It requires entities to provide general information, including contact details, authorized signatories, and additional interested parties for correspondence. The document emphasizes confidentiality and is intended for use with the Onshore Feeder Fund.


document_description: This document is a verification form for confirming the status of an investor as an 'Accredited Investor' under Regulation D of the Securities Act. It includes sections for signatures and roles within the investor entity, as well as a checklist for the investor to initial applicable statements that qualify them as accredited investors.


document_description: The document is an investor questionnaire for SOF III - 1081 Southern Financial LLC, focusing on the qualifications of the investor as a 'qualified institutional buyer' under Rule 144A. It includes questions about the investor's status as a politically exposed person and requests supplemental data for entities, such as legal form and jurisdiction of organization.


document_description: The document is a subscription agreement for Southern Financial LLC, specifically for SOF III - 1081. It includes questions to determine the investor's status under the Investment Company Act of 1940 and ERISA. The document seeks to verify if the investor is a registered investment company or a private investment fund, and if they qualify as a Qualified Purchaser. It also includes representations regarding the ownership of interests by Benefit Plan Investors under ERISA.


document_description: This document is an investor questionnaire for SOF III - 1081 Southern Financial LLC, focusing on whether the investor is a 'Benefit Plan Investor' under ERISA regulations. It includes questions about the investor's status as an employee benefit plan, individual retirement account, or other entities with plan assets.


document_description: This document is an investor questionnaire for Southern Financial LLC, focusing on the classification of the investor under ERISA regulations and the source of funds for investment. It includes sections for the investor to declare if they are an employee benefit plan or governmental plan under ERISA, and to ensure compliance with relevant laws. The document also requests a summary of the sources of funds used for the investment.


document_description: The document is an investment disclosure form related to Southern Financial LLC, specifically addressing whether the investor entity is owned or controlled by an employee of Deutsche Bank. It includes a statement about compliance with the Dodd-Frank Act and the potential requirement for the investor to sell or transfer interests if found in violation. The document also acknowledges the investor's employment with Deutsche Bank and their solicitation of interests in the Onshore Feeder Fund.


document_description: This document is a Form PF, which is a regulatory filing required for certain investment advisers. It includes a section for investors to identify their type, such as individual, broker-dealer, insurance company, etc. The form is confidential and subject to federal rules regarding disclosure.


document_description: The document outlines the criteria for determining whether an investor qualifies as a 'qualified purchaser' based on their investments. It specifies the types of investments considered, including securities, real estate, commodity interests, financial contracts, amounts payable to certain investment entities, and cash equivalents. The document is marked confidential and is subject to federal confidentiality rules.


document_description: The document outlines the criteria for determining 'investments' for Qualified Purchaser status. It specifies that 'investments' do not include non-financial assets like jewelry or art. It allows aggregation of investments across parent companies and subsidiaries, and includes joint investments with spouses. The valuation of investments can be based on fair market value or cost, with specific deductions for indebtedness. Special rules apply for commodity interests and Family Companies.


document_description: This document outlines the minimum requirements for anti-money laundering identification verification for different types of investors, including regulated financial sectors, listed companies, private companies, and partnerships. It specifies the documentation needed for each category to verify identity and compliance with jurisdictional regulations.


document_description: The document outlines the requirements for various entities such as limited liability partnerships, pension funds, collective investment schemes, unit trusts, and charities to provide specific documentation and information for verification purposes. This includes identification of members, ownership structure, proof of regulation, financial statements, and charitable status, subject to jurisdictional requirements.


document_description: This document is an annex to an investor questionnaire for SOF III - 1081 Southern Financial LLC, detailing the requirements for trusts, nominees, and individuals. It outlines the necessary documentation and identification needed for settlors, trustees, and beneficiaries, including trust deeds, identity verification, and source of wealth. It also specifies the requirements for individual investors, such as providing a driver's license or passport and proof of address.


document_description: This document is an annex to an investor questionnaire for SOF III - 1081 Southern Financial LLC. It includes a signature page for both entity and individual investors to consent to the provision of verification documents to Deutsche Bank Trust Company Americas. The document is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: A confidential letter of authorization related to Southern Financial LLC, marked pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document is a Letter of Authorization for Southern Financial LLC, allowing Deutsche Bank and its affiliates to transfer funds from the investor's account to the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It also authorizes future capital calls and distributions to be managed through the specified account. The document outlines the investor's responsibilities, including maintaining the account and providing necessary identification information. It includes placeholders for investor details, signature, and financial commitments.


document_description: The document provides an overview of the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P., managed by Deutsche Asset & Wealth Management. The fund targets eligible U.S. taxable and certain tax-exempt investors with a minimum investment of $500K, focusing on alternative investments in the secondary market. It highlights the fund's strategy of building a diversified portfolio of seasoned private equity assets, leveraging the DB platform for sourcing and due diligence, and pursuing off-market transactions. The document also discusses the attractive environment for secondary investments driven by regulatory changes and investor demand for liquidity.


document_description: The document provides an overview of the Secondary Opportunities Fund III, LP and its Onshore Feeder Fund, focusing on the merits of secondary investing in private equity. It outlines the potential benefits of secondary investments, such as quicker capital drawdown and return, diversification, and investments in mature assets. The document also includes a detailed summary of the principal terms of the funds, including structure, strategy, minimum commitment, target size, fund term, capital calls, investment period, fees, and management details. It emphasizes the importance of reviewing the Confidential Private Offering Memorandum for full disclosure of risks and terms.


document_description: This document is a confidential financial report circulated by Deutsche Bank Trust Company Americas, detailing the performance and investment opportunities of the DB Secondary Opportunities Fund and related entities as of September 30, 2013. It includes performance figures, investment risks, and legal disclaimers, emphasizing that past performance is not indicative of future results. The document is intended for qualified purchasers and accredited investors only.


document_description: The document discusses the potential returns on unrealized investments made by the DB Secondaries Funds, highlighting factors that could affect these returns, such as market conditions, legal restrictions, and transaction costs. It includes forward-looking statements and disclaimers about the accuracy and reliability of the information provided. The document also addresses potential conflicts of interest within Deutsche Bank and emphasizes that past performance is not indicative of future results.


document_description: This document is an overview of the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P., intended for eligible U.S. taxable and certain tax-exempt investors. It is confidential and not for public distribution, highlighting investment products that are not guaranteed by banks, not FDIC insured, and may lose value.


document_description: This document is a presentation for investors who are qualified purchasers and accredited investors, regarding the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It is not an offering of limited partnership interests and does not constitute investment advice. The presentation outlines the qualifications required for investors, the nature of the offering, and the confidentiality of the information provided. It also disclaims any liability for inaccuracies and emphasizes the non-advisory role of Deutsche Bank in this context.


document_description: This document is a confidential investment information document circulated by Deutsche Bank Trust Company Americas to a limited number of qualified prospective investors. It outlines the private equity platform of Deutsche Bank AG, known as DB Private Equity (DB PE), and its associated risks and legal considerations. The document emphasizes the speculative nature of private equity investments, the associated risks, and the need for prospective investors to conduct their own due diligence and consult with legal and tax advisors. It also clarifies that the document does not constitute an offer or invitation to invest and that the information provided is for informational purposes only.


document_description: The document appears to be a financial report or presentation related to Southern Financial LLC, focusing on secondary market environments and private equity secondaries strategy and portfolio. It includes key terms and an appendix.


document_description: The document provides an overview of the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P., which offers clients access to the Secondary Opportunities Fund III, L.P. The fund aims to build a globally diversified portfolio of seasoned private equity assets on the secondary market, seeking US$1 billion in total commitments to generate attractive risk-adjusted returns. The fund targets acquisitions in the US and Europe, focusing on established private equity fund structures, portfolios of private equity assets, and co-investments in individual portfolio companies. The document also highlights past performance metrics and emphasizes the speculative nature and risks of private equity investments.


document_description: The document provides a profile of the senior team at Southern Financial LLC, focusing on their experience in the secondary market. The team has worked together for 11 years and has invested over US$1 billion in more than 200 interests over 7 years. The document includes a table with details about the team members, their titles, locations, prior employers, education, and badge numbers. It also mentions a team of supporting junior professionals dedicated to Deutsche Bank's secondary investment program.


document_description: The document provides a financial performance report for DB SOF, DB SOF D, and DB SOF II as of September 30, 2013. It includes details on fund vintage, fund size, invested capital, capital called from investors, unrealized value, distributions to investors, total value, gross return on invested capital, gross IRR, net multiple (TVPI), net distributed (DPI), and net IRR. The report emphasizes that past performance is not indicative of future results and includes disclaimers about the speculative nature of private equity investments.


document_description: The document provides a financial performance report for DB SOF and DB SOF D, highlighting their top decile ranking and performance metrics such as Net IRR and Net multiples to limited partners. It includes a comparison against Cambridge Associates' Secondaries Benchmark statistics as of June 30, 2013. The report emphasizes the speculative nature of private equity investments and advises consulting with advisers for evaluation.


document_description: The document outlines the investment strategy of DB Secondaries, focusing on off-market transactions globally, primarily in the range of US$5m–50m. It highlights the leverage of the Deutsche Bank platform for sourcing and due diligence, with 70% of deals being proprietary. The strategy includes sophisticated portfolio management, currency hedging, and purchasing mature fund interests at a discount. The approach is selective, focusing on true value through in-depth fundamental analysis rather than deal structuring.


document_description: The document provides an overview of Deutsche Bank's Private Equity platform, highlighting its established presence since 1991, managing $10.2 billion in assets. It emphasizes the seasoned investment team, integrated investment capabilities across various asset classes, and a deep network of relationships with over 450 private market partnerships. The platform is committed to responsible investment, being a signatory to the Principles for Responsible Investment since 2008, and offers dedicated structuring and client service solutions. The global platform operates with local expertise across North America, Europe, and Asia.


document_description: The document is a financial report related to SOF III - 1081 Southern Financial LLC, covering topics such as the secondary market environment, DB Private Equity Secondaries strategy and portfolio, and key terms. It is marked as confidential under Federal Rule of Criminal Procedure 6(e).


document_description: The document discusses the merits of secondary investing in the private equity secondaries market, highlighting benefits such as reduced costs, mitigation of blind pool risk, mitigation of J-curve, complementing portfolio construction, and pricing flexibility. It includes a tabular representation of capital calls, management fees, distributions, and cumulative cash flows over 11 years, illustrating a hypothetical secondary transaction timing between years 3 and 4.


document_description: The document provides an overview of secondary market deal flow in 2012, highlighting transaction volumes dominated by financial institutions and public pensions. It includes detailed tables showing transaction volumes from 2003 to 2013, seller types, and seller geography. The data is sourced from DB PE based on Cogent Secondary Pricing 'Trends & Analysis and UBS Outlook 2013.


document_description: The document outlines the evolution of seller types in the financial market from distressed to motivated sellers, focusing on liquidity management, portfolio rebalancing, and risk reduction. It categorizes sellers into five waves based on their primary drivers and the timeline of increased activity, with notable transactions from 2010 to 2013.


document_description: The document contains financial data related to ASHM LN, including metrics such as last price, change, high, average, low, volume, and date range. It also includes a disclaimer from Deutsche Bank AG regarding the non-binding nature of the ideas presented and confidentiality notice.

document_type: tabular

document_subtype: financial data

key_organizations:
Deutsche Bank AG
DeAWM Key Client Partners FKCP


document_description: A communication from the DeAWM Key Client Partners (KCP) London desk, intended for discussion purposes only and not creating any legally binding obligation on Deutsche Bank AG or its affiliates. The communication is intended for professional investors who can independently evaluate the proposed ideas. It contains confidential and potentially privileged information, and unauthorized use or distribution is prohibited.

document_type: correspondence


document_description: Confidential communication related to Jeffrey Epstein, possibly containing attorney-client privileged or inside information. Unauthorized use, disclosure, or copying is prohibited.


document_description: Confidential communication related to Jeffrey Epstein, with instructions for handling if received in error.


document_description: This document is a communication from the DeAWM Key Client Partners London desk, intended for discussion purposes only and not creating any legally binding obligation on Deutsche Bank AG or its affiliates. It is meant for professional investors who understand the strategy, characteristics, and risks associated with the proposed ideas. The document emphasizes confidentiality and is intended only for the use of the addressee, with unauthorized use, disclosure, or copying strictly prohibited.

key_organizations:
Deutsche Bank AG
DeAWM Key Client Partners
KCP London desk


document_description: The document is a confidential communication intended for professional investors, containing disclaimers about investment advice and confidentiality. It emphasizes the need for internal approvals for trades and provides a link for EU corporate and regulatory disclosures. The communication is marked as confidential and attorney-client privileged, with instructions for handling if received in error.


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX-Options trades with various details such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, long/short position, option style, put/call, strike price, and mark-to-market value in USD. The statement is marked confidential and is subject to terms and conditions.

title: Deutsche Bank Group Valuation Statement

document_subtype: valuation statement

key_organizations:
Deutsche Bank AG
Southern Financial, LLC


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various parameters such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, option style, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: Confidential communication from Tazia Smith, Director at Deutsche Bank Securities Inc, intended for Jeffrey Epstein. The communication contains disclaimers about confidentiality, privilege, and unauthorized use.

key_people:
Tazia Smith
Jeffrey Epstein

key_organizations:
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management


document_description: The document discusses the People's Bank of China's (PBoC) efforts to tighten money market rates to curb shadow banking and asset speculation. It highlights concerns about bad loans in China's shadow banking industry and the rapid growth of high-risk shadow banking products in China's trust industry since 2010.

document_type: other

key_locations: China Shanghai

key_organizations:
People's Bank of China
Bloomberg Finance LP


document_description: Asian corporates have sold a significant quantity of options to enhance returns, which has depressed implied volatility. If USDCNH starts to retrace higher, option sellers will short cover options they have.

key_people:
Vinit Sahni
Nav Gupta
Vanshree Verma

document_subtype: memo

key_organizations:
KCP Capital Markets
Deutsche Bank AG
Deutsche Asset & Wealth Management


document_description: Confidential communication intended for the addressee, property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited. If received in error, notify via email and destroy the communication.


document_description: The document contains two tables displaying financial data: the USD-CNH cross rate from January 1, 2009, to January 28, 2014, and the Shanghai Interbank Offered Rate Fixing (SHIF1M) from January 29, 2009, to January 28, 2014. The USD-CNH rate shows a downward trend, while the SHIF1M index shows fluctuations with a significant increase by January 2014. The document also discusses the tightening of money market rates by PBoC and concerns over China's shadow banking industry.

title: USD-CNH Cross Rate and SHIF1M Index Data

key_locations: Shanghai China

key_organizations:
Bloomberg Finance LP
PBoC


document_description: The document provides data on the growth of trust insets in China, highlighting a rapid increase to Rmb10.1 trillion by 2013 with a CAGR of 55% from 2010 to 2013. It includes detailed tables on asset management trust, single unit trust, and combined unit trust values over several quarters, as well as the distribution of investments across various sectors. Additionally, it discusses the impact of Asian corporates selling options on implied volatility and provides metrics related to USDCNH options.

key_locations: London China

key_organizations:
China Trust Association
Bloomberg Finance L.P.
KCP Capital Markets
Deutsche Bank AG


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various parameters such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, long/short positions, option style, put/call, strike price, and mark-to-market values. The total valuation is noted as (162,043.94) USD.

title: Deutsche Bank Group Valuation Statement


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades with various financial metrics.

title: Deutsche Bank Group Valuation Statement


document_description: The memo discusses the implications of the "Consolidated Appropriations Act, 2014," which was signed into law by President Obama on January 17, 2014. The Act allocates $1.012 trillion to fund the government through September 30, 2014, and restores some funding cuts from the sequester. It includes new IRS reporting requirements and restrictions on spending related to the Affordable Care Act.

title: Tax Topics 2014-01

key_people:
President Obama
Blanche Lark Christerson

key_organizations: House and Senate appropriations committees


document_description: The document discusses the challenges faced by the IRS, including scrutiny of conservative groups, budget cuts, and the need for more funding to improve taxpayer services. It highlights the role of Nina Olson, the National Taxpayer Advocate, and her 2013 Annual Report, which emphasizes the IRS's need for more resources to enhance voluntary compliance and taxpayer service.

key_people:
John Koskinen
Nina Olson

key_organizations:
IRS
Taxpayer Advocate Service


document_description: New York Governor Andrew Cuomo introduced the Executive Budget for the 2014-2015 fiscal year, proposing tax reforms including changes to the estate tax and closing the resident trust loophole. The estate tax reform aims to lower the top estate tax rate and increase the exclusion amount, while the trust reform targets accumulation distributions to New York beneficiaries.


document_description: The document discusses proposed legislation affecting New York trusts, specifically targeting incomplete gift, non-grantor trusts (INGs) to avoid New York income tax. It also covers IRS federal rates for January and February 2014. The legislation aims to increase tax revenues significantly but may drive wealthy individuals out of New York. The document includes a disclaimer from Deutsche Asset & Wealth Management.

title: Proposed Legislation on New York Trusts and IRS Rates

key_locations:
New York
Delaware

key_organizations:
Deutsche Asset & Wealth Management
Deutsche Bank AG
New York Bar Association
Tax Reform and Fairness Commission


document_description: Unauthorized use, disclosure, or copying of this communication is prohibited and may be unlawful. If received in error, notify via return e-mail or jeevacation@gmail.com and destroy the communication.


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, dated January 28, 2014. It includes contact information for sales inquiries and questions related to the statement. The statement is an amendment to previous statements and provides Deutsche Bank's economic assessment of transactions or instruments as of the specified date. It outlines the methodology and potential adjustments for valuations, disclaiming liability for errors or reliance on the valuations.

title: Deutsche Bank Group Valuation Statement

key_people:
Tazia Smith
Gedeon Pinedo
Vahe Stepanian
Joseph Cothron
Paul Morris
Amanda Kirby

document_type: financial

key_organizations:
Deutsche Bank Group
Southern Financial, LLC


document_description: Confidential communication from Deutsche Bank, possibly containing attorney-client privileged or inside information, intended for Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited.


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various details such as trade type, dates, notional amounts, currencies, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades as of January 31, 2014. It includes trade IDs, counterparties, trade types, dates, amounts, currencies, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts as of January 31, 2014. It includes account names and balances, with Jeffrey Epstein having a balance of $2,821,738.81.

title: RM0081851 Daily Deposit Report

key_people:
Jeffrey Epstein
Dominique Leimer

document_subtype: financial report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
HBRK Associates, Inc
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC
NES, LLC
MORT, Inc


document_description: Confidential communication related to Jeffrey Epstein, potentially containing attorney-client privileged or inside information. Unauthorized use, disclosure, or copying is prohibited.


document_description: A confidentiality notice regarding unauthorized use, disclosure, or copying of the communication, with instructions for handling if received in error.


document_description: Confidential communication regarding a building in Tribeca, possibly related to Jeffrey Epstein. The message emphasizes confidentiality and legal privilege, and includes disclaimers from Deutsche Bank.


document_description: The document contains confidential information related to the Jeffrey Epstein case, marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e). It includes reference numbers DB-SDNY-0109359, SDNY_GM_00255543, and EFTA01452381.


document_description: Confidential communication with instructions for handling if received in error.


document_description: A memo from Tazia Smith at Deutsche Bank Securities Inc discussing potential investment opportunities in Citi K fixed to floats, highlighting their ex-dividend status and trading price. Includes a stock chart for EP045024 Pfd showing price and volume trends from October 2013 to January 2014.

key_people:
Tazia Smith
Jeffrey

key_locations: 345 Park Avenue, 26th Floor, New York NY 10154


document_description: This document is a confidential communication, possibly containing attorney-client privileged or inside information, intended only for the addressee. It includes disclaimers about unauthorized use, disclosure, or copying, and provides instructions for notifying the sender if received in error. It mentions Deutsche Bank and includes several reference numbers.


document_description: Confidential communication related to Jeffrey Epstein, possibly containing attorney-client privileged or inside information. Unauthorized use, disclosure, or copying is prohibited.


document_description: Confidential communication related to Jeffrey Epstein, intended only for the addressee. Unauthorized use, disclosure, or copying is prohibited and may be unlawful. Instructions provided for handling if received in error.


document_description: This document contains a confidentiality notice indicating that the communication may be attorney-client privileged and is intended only for the addressee. It warns against unauthorized use, disclosure, or copying and provides instructions for notifying the sender if received in error. The document is associated with Jeffrey Epstein and mentions Deutsche Bank.


document_description: A table with financial metrics including Last Price, High, Average, Low, Volume, and SMAVG (15).

document_type: email

document_subtype: tabular


document_description: Confidential communication related to Jeffrey Epstein, possibly containing attorney-client privileged or inside information. The document emphasizes the confidentiality and legal restrictions on unauthorized use, disclosure, or copying. It mentions Deutsche Bank and includes a disclaimer about not providing legal or tax advice.


document_description: Confidential communication intended for the addressee, property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited and may be unlawful. Instructions provided for notifying in case of error.


document_description: A valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades with various details such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, option style, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and related entities.

title: RM0081851 Daily Deposit Report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
NES, LLC
Mort, Inc
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC


document_description: A confidential communication with instructions to destroy the document and all copies, including attachments. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: Email discussing recommendations for modifications to equity baskets, including changes in allocations for Tech, mortgages, Europe, and energy sectors. Includes a forwarded message from Jeffrey Epstein.

title: Fw: percentages get a read from your team [C]

key_people:
Tazia Smith
Vinit Sahni
Nav Gupta
Paul Morris
Jeffrey Epstein

key_locations: US Europe Japan

document_subtype: email


document_description: A notice from Deutsche Bank AG to Southern Financial LLC regarding a required delivery of USD 130,000.00 as per the Credit Support Annex under the 2002 ISDA Master Agreement. The document includes a table detailing financial positions and amounts related to the credit support.

document_subtype: Credit Support Annex Notice

key_organizations:
Deutsche Bank AG
Southern Financial LLC


document_description: A confidential communication with a subject related to percentages and team feedback. The content is protected by attorney-client privilege and is intended for the addressee only.


document_description: A table detailing proposed and updated financial figures for various healthcare equities, including companies like Bristol Myers, Pfizer, and Merck. The table includes columns for proposed, updated, and current values, with a subtotal at the end.

key_people:
Tazia Smith
Jeffrey Epstein
Paul Morris

document_subtype: financial


document_description: Confidential communication related to Jeffrey Epstein, possibly containing attorney-client privileged or inside information. The document emphasizes the confidentiality and legal restrictions on unauthorized use, disclosure, or copying.


document_description: A valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various trade details and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report detailing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and other entities. It also lists a large transaction for NES, LLC.

title: RM0081851 Daily Deposit Report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
Mort, Inc
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC
NES, LLC
Port, Inc


document_description: This is a confidential email sent by Evalueserve on behalf of Deutsche Bank, containing a disclaimer and contact information for Tazia Smith, Director at Deutsche Bank Securities Inc. The email emphasizes confidentiality and the prohibition of unauthorized copying, disclosure, or distribution.

key_locations: 345 Park Avenue, 26th Floor, New York, NY 10154

key_organizations:
Deutsche Bank
Evalueserve
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management


document_description: Confidential communication intended for the addressee, property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited. If received in error, notify via email and destroy the communication.


document_description: The document discusses financial market updates and investment strategies, focusing on US and European markets. It includes details on the S&P 500, Russell 2000, and Eurostoxx 50 indices, as well as structured financial products with contingent minimum returns and barriers.


document_description: The document provides indicative levels for contingent minimum return worst-of notes involving S&P 500, Russell 2000, and Eurostoxx50 indices. It includes details on current levels, 80% barriers, contingent minimum returns, and caps. The information is sourced from DB AWM Structured Solutions.


document_description: Confidential communication related to Jeffrey Epstein, possibly containing attorney-client privileged or inside information. Unauthorized use, disclosure, or copying is prohibited.


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades with various details such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, option style, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


title: RM0081851 Daily Deposit Report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC


document_description: The document provides a 3-year price history for the Eurostoxx 50 and Russell 2000 indices, including metrics such as last price, high, average, low, and volume. It also includes chart information for the Eurostoxx 50 index.

title: Eurostoxx 50 and Russell 2000 3yr Price History


document_description: A note containing financial metrics for BMY US Equity (Bristol-Myers Squibb Co) over a specified time period, sent by Tazia Smith from Deutsche Bank Securities Inc.

document_subtype: note

key_organizations:
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
Bloomberg Finance L.P.


document_description: Richard Kahn from HBRK Associates Inc. inquires about Amanda's availability to send two wire transfers and expresses gratitude for an invitation to a NY Knicks game.

key_people:
Richard Kahn
Amanda

key_locations: 575 Lexington Avenue, New York, New York 10022


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various parameters such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, option style, and market-to-market values.

title: Deutsche Bank Group Valuation Statement

key_organizations:
Deutsche Bank AG
Southern Financial, LLC


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts as of February 10, 2014. It includes account names, categories, and balances.

title: RM0081851 Daily Deposit Report


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades with various trade IDs, counterparties, trade types, dates, amounts, and market-to-market values. The total valuation is negative $289,788.86.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts as of February 11, 2014. It includes account names, categories, and balances.

title: RM0081851 Daily Deposit Report


document_description: Confidential communication from Deutsche Bank, indicating that the information may be attorney-client privileged and is intended only for the addressee. Unauthorized use, disclosure, or copying is prohibited.


document_description: A confidential letter from Deutsche Asset & Wealth Management, located at 345 Park Avenue, New York, NY 10154-0004. The document is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

document_subtype: letter


document_description: A list of financial transactions from various locations in New York and Michigan, including expenses for maintenance, dining, hotel, and transit.

key_locations:
New York, NY
Brooklyn, NY
Romulus, MI

document_subtype: financial transactions


document_description: Transaction records for purchases made on 12/19/2013 at Strand Book Store and Shakespeare in New York, NY.

document_subtype: transaction record

key_organizations:
Deutsche Bank Trust Company Americas
Deutsche Asset & Wealth Management


document_description: This document is a valuation statement from Southern Financial, LLC, detailing various FX options trades with Deutsche Bank AG as of February 12, 2014. It includes trade IDs, counterparties, trade types, dates, amounts, currencies, and market-to-market values.

title: Bank Group Valuation Statement

document_subtype: Bank Group Valuation Statement

key_organizations:
Southern Financial, LLC
Deutsche Bank AG


document_description: The document is a daily deposit report listing account balances and large transactions for various entities, including Jeffrey Epstein and several companies. It includes account names, categories, balances, and transaction amounts.

title: RM0081851 Daily Deposit Report 20140213

key_people:
Jeffrey Epstein
Dominique Leimer
Darren K. Indyke

document_subtype: Daily Deposit Report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
HBRK Associates, Inc
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and several companies.

title: RM0081851 Daily Deposit Report


document_description: This document contains repeated confidentiality notices indicating that the information is confidential, may be attorney-client privileged, and is intended only for the addressee. It is associated with Jeffrey Epstein and includes instructions for handling if received in error.


document_description: Confidential communication related to Jeffrey Epstein, potentially attorney-client privileged and containing inside information. Unauthorized use, disclosure, or copying is prohibited.


document_description: The document reviews proposed and suggested allocations for various sectors in the US, Europe, Japan, and other categories. It includes a table comparing proposed and suggested allocations, with differences noted. The total proposed allocation is 105, while the suggested total is 100. The document notes that the proposed total is not a typo, as it originally did not include single names in Japan.

key_organizations: PO S&P Eurostox


document_description: A table showing proposed and updated financial figures for various healthcare equities, including companies like Bristol Myers, Pfizer, and others. The table includes columns for proposed, updated, and current values, as well as totals.

key_organizations:
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management


document_description: This document contains a confidentiality notice indicating that the information is confidential, may be attorney-client privileged, and is intended only for the use of the addressee. It mentions Jeffrey Epstein and Deutsche Bank, and includes instructions for handling if received in error.


document_description: The document contains a confidentiality notice indicating that the information is confidential, may be attorney-client privileged, and is intended only for the addressee. It is the property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited. Recipients are instructed to notify the sender if received in error and to destroy the communication.


document_description: A note discussing potential investment strategies involving eurostoxx50/russell 2k with a 13-month term and a contingent minimum return. The note also mentions an opportunistic approach to FX and seeks feedback on the implementation strategy.


document_description: This document contains a confidentiality notice regarding communications related to Jeffrey Epstein. It emphasizes the unauthorized use, disclosure, or copying of the communication is prohibited and may be unlawful. It also mentions that the information may be attorney-client privileged and is intended only for the addressee.


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and related entities.

title: RM0081851 Daily Deposit Report


document_description: The document contains confidential information related to the Jeffrey Epstein case, marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: A discussion on investment strategies involving DXJ and barrier notes, with a focus on eurostoxx50/russell 2k. The email also mentions FX opportunities and seeks confirmation on the implementation strategy.


document_description: The document contains price history data for two financial metrics, including last price, high, average, low, volume, and simple moving average (SMAVG) for specific dates. It also includes contact information for Tazia Smith, a director at Deutsche Bank Securities Inc.


document_description: Confidential memo discussing investment strategy recommendations for Jeffrey Epstein, including thematic baskets, US Tech equity, FX exposure, energy investments, and mortgage reviews. Includes a detailed table of proposed and suggested allocations across various sectors and regions.

key_people:
Jeffrey Epstein
Paul Morris
Vinit Sahni
Nav Gupta
Vahe Stepanian

key_organizations:
DB team
Hannon Armstrong


document_description: A table listing various healthcare equities with proposed, updated, and current values, along with a subtotal.

document_subtype: table


document_description: The document is a financial table detailing investments in various sectors such as Healthcare, Energy, Financials, Europe, Japan, and Alternatives. It lists companies and their respective investment amounts in USD.

key_organizations:
Bristol Myers
Pfizer
Merck
Valeant
Actavis
Gilead
Mylan
Endo Health
Rite Aid
Bank of America
JPM
Cati-K
Morgan Stanley
Ally
Carrefour
Intesa Sanpaolo
Volkswagen
JC Decaux
Adecco
Grupo Catalana
Roche Holdings
Total
Sumitomo
Mitsui Fudosan
Daiichi Life
Seven and I
Unicharm
Sumitomo Electric
Toyota
Japan Tobacco
Hitachi
Dentsu
Watford Re


document_description: This document contains multiple confidentiality notices indicating that the communication is confidential, may be attorney-client privileged, and is intended only for the use of the addressee. It is associated with Jeffrey Epstein and mentions Deutsche Bank. The document includes several reference numbers.


document_description: This document contains a confidentiality notice indicating that the information is confidential, may be attorney-client privileged, and is intended only for the addressee. It is associated with Jeffrey Epstein and includes instructions for handling if received in error.


document_description: Confidential communication notice regarding an error in receiving the message and instructions to notify and destroy the communication.


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX-Options trades with various parameters such as trade ID, counterparty, trade type, trade date, maturity date, settlement date, notional amounts, currencies, option style, and market-to-market values. The total valuation is noted as (242,002.03) USD.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and other entities.

title: RM0081851 Daily Deposit Report


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX options trades including trade IDs, counterparties, trade types, dates, amounts, currencies, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: The document is a daily deposit report listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein and other entities. It includes account names, categories, balances, and transaction details.

title: RM0081851 Daily Deposit Report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
HBRK Associates, Inc
NES, LLC
Butterfly Trust
Southern Trust Company, Inc.
New York Strategy Group, LLC


document_description: The document is a memo from Deutsche Bank Securities Inc. discussing the initiation of coverage on five alternative asset managers. It provides buy ratings for Blackstone, Carlyle Group, and Oaktree Capital, and hold ratings for Apollo Global Management and KKR & Co. The memo highlights the favorable cyclical and secular dynamics for these asset managers and discusses valuation approaches, preferring to value them on distributable earnings. It also outlines positive cyclical and secular themes benefiting these managers.

title: Initiating Coverage of the Alternative Asset Managers

key_organizations:
Deutsche Bank Securities Inc
Blackstone
Carlyle Group
Oaktree Capital
Apollo Global Management
KKR & Co


document_description: This is a confidential communication from Deutsche Bank, which may contain privileged information. It includes a disclaimer about the bank not providing legal or tax advice.


document_description: Deutsche Bank's research report initiates coverage on five alternative asset managers, recommending buys on Blackstone, Carlyle Group, and Oaktree Capital, and holds on Apollo Global Management and KKR. The report discusses the favorable cyclical and secular trends for these companies, their valuation approaches, and the associated risks.

title: Alternative Asset Manager Initiation

key_locations:
North America
United States

document_subtype: financial research report

key_organizations:
Deutsche Bank
Blackstone
Carlyle Group
Oaktree Capital
Apollo Global Management
KKR


document_description: The document is an investment summary focusing on alternative asset managers, discussing cyclical and secular trends, key themes driving stocks, and company-specific outlooks, valuations, and risks for firms like Apollo Global Management, The Blackstone Group, The Carlyle Group, KKR & Co., and Oaktree Capital Group.

title: Alternative Asset Manager Initiation

key_organizations:
Deutsche Bank Securities Inc.
Apollo Global Management
The Blackstone Group
The Carlyle Group
KKR & Co.
Oaktree Capital Group


document_description: The document discusses the secular versus cyclical demand for alternative investments, the current state of the private equity cycle, the changing role of alternative managers, and the risks associated with stocks after significant price increases in 2013. It highlights the long-term benefits of alternative investments, the mid-cycle realization phase in private equity, the diversification and innovation of alternative managers, and the risk profiles of stocks in the current economic climate.


document_description: The document discusses the earnings profiles of alternative asset managers in 2014, highlighting potential growth and challenges. It includes a table showing the business mix and revenue type of various companies from 2012-2014.

title: Alternative Asset Manager Initiation


document_description: The document discusses the differentiation of alternative asset managers and their impact on valuations. It includes Deutsche Bank forecasts for distributable earnings per unit for various firms from 2012 to 2016, along with growth rates. The document also outlines differences in firm heritage, management philosophy, and business mix dynamics, focusing on Apollo Global Management's investment strategy.

title: Alternative Asset Manager Initiation

key_organizations:
Apollo Global Management
Deutsche Bank
Aviva
Athene


document_description: The document provides an analysis of KKR & Co. and Oaktree Capital Group, focusing on their investment strategies and risk profiles. KKR is noted for its balance sheet growth strategy and high-risk profile, while Oaktree is recognized for its conservative credit investment approach and lower risk profile. The document includes a Hold rating for KKR and a Buy thesis for Oaktree.

title: Alternative Asset Manager Initiation

key_people:
Henry Kravis
George Roberts
Jerome Kohlberg
Howard Marks
Bruce Karsh

key_organizations:
KKR & Co.
Oaktree Capital Group
Deutsche Bank Securities Inc.


document_description: The document provides an analysis of the business mix differences across five alternative asset managers (APO, BX, CG, KKR, OAK) by reported business segment and revenue type for the period 2012-2014E. It highlights that private equity forms the foundation of the business mix for these firms, aside from OAK, and explains the high proportion of revenue from carried interest and incentive fees. The document includes tables showing the pretax economic income mix and revenue mix by type for these firms.

title: Alternative Asset Manager Initiation

key_organizations:
APO
BX
CG
KKR
OAK
Deutsche Bank


document_description: The document discusses the revenue model and growth trends of alternative asset managers, focusing on fee-based revenue and principal investing. It highlights the diversification efforts of these managers into areas related to private equity and provides a detailed table of assets under management (AuM) metrics for various firms.

title: Alternative Asset Manager Initiation


document_description: The document discusses the importance of closed-end fund metrics, particularly in private equity, and provides a snapshot of where alternative asset management firms stand in the private equity cycle. It highlights fundraising, capital deployment, and potential for long-term realizations and distributable earnings. The document includes a table with key metrics for firms like APO, BX, CG, KKR, and OAK.

title: Alternative Asset Manager Initiation


document_description: The document provides forecasts for business mix for alternative asset managers through 2016, focusing on pretax economic income by business line and revenue type. It highlights changes in business mix for APO, noting a shift towards credit in 2014 due to the acquisition of Aviva assets by Athene. The document includes detailed tables showing forecasts for pretax economic income and revenue by type for APO from 2012 to 2016.

key_organizations:
APO
Aviva
Athene
Deutsche Bank


document_description: The document provides forecasts for Blackstone (BX) regarding its economic income and revenue growth by segment and type from 2012 to 2016. It includes detailed tables showing pretax economic income and revenue by type, with compound annual growth rates (CAGR) and business mix percentages. The analysis anticipates strong intermediate-term growth for BX, driven by a realization cycle and organic growth trends.

title: Alternative Asset Manager Initiation

key_organizations:
Blackstone
Deutsche Bank


document_description: The document provides forecasts for KKR's economic income and revenue by segment and type from 2012 to 2016. It discusses the expected growth and volatility in KKR's revenue profile, particularly in the public and private markets segments, and the impact of principal-driven income on KKR's PIE. The document includes detailed tables with forecasts for pretax economic income and revenue by type, along with compound annual growth rates (CAGR) and revenue mix percentages.

title: Alternative Asset Manager Initiation

key_organizations:
KKR
Deutsche Bank


document_description: The document discusses the valuation of alternative asset managers, focusing on the potential for P/E multiple expansion relative to traditional asset managers. It highlights the importance of distributable earnings (DE) as a metric for valuation, predicting favorable conditions for DE growth through 2014 and 2015. The document includes a table forecasting the ratio of DE to ENI for various asset managers from 2012 to 2016.

title: Alternative Asset Manager Initiation

key_organizations:
Deutsche Bank
Deutsche Bank Securities Inc.


document_description: The document provides a comparison of Deutsche Bank's forecasts versus consensus estimates for ENI per unit and distribution per unit for alternative asset managers. It includes detailed tables showing the differences in forecasts for various companies such as APO, BX, CG, KKR, and OAK for the years 2013, 2014, and 2015. The document also outlines Deutsche Bank's valuation methodology, which focuses on a simplified PIE approach on distributable earnings rather than more complex models.

title: Alternative Asset Manager Initiation

key_organizations:
Deutsche Bank
Thomson Reuters


document_description: The document contains a valuation analysis of alternative asset managers compared to the S&P 500 and traditional asset managers. It includes tables showing historical and target P/E ratios, as well as forecasted DE per unit and price targets for various alternative asset managers.

title: Alternative Asset Manager Initiation


document_description: The document discusses the performance and valuation of alternative asset managers compared to traditional asset managers. It includes figures showing the narrowing P/E gap and provides a summarized valuation metric for various alternative asset managers, indicating potential returns and distribution yields.

title: Alternative Asset Manager Initiation


document_description: The document provides a valuation analysis of alternative asset managers using a sum-of-the-parts approach. It includes detailed financial metrics and assumptions for companies like APO and BX, highlighting their fee-related earnings, balance sheet values, and carried interest earnings. The analysis suggests that BX and OAK are overvalued, while KKR is undervalued.

title: Alternative Asset Manager Initiation


document_description: The document contains a valuation analysis for alternative asset managers CG, KKR, and OAK, including fee-related earnings, balance sheet values, and carried interest earnings.

title: DB Sum of the Parts Valuation Analysis


document_description: The document discusses the state of the private equity cycle, highlighting the impact of economic cycles on private equity stocks. It provides data on capital called and distributed from 2000 to mid-2013, as well as unrealized value and dry powder for the same period. The document suggests that the private equity business is in a healthy realization cycle, with valuable portfolio positions waiting to be harvested.

title: Alternative Asset Manager Initiation


document_description: The document discusses the expected strong pace of realizations in the alternative asset management sector over 2014-15, leading to growth in distributable earnings. It outlines the private equity cycle and forecasts gross realizations for five alternative asset managers (APO, BX, CG, KKR, OAK) from 2012 to 2016. The document highlights the different stages of the cycle for various funds and the impact of fundraising on realization timelines.

title: Alternative Asset Manager Initiation

key_organizations:
Deutsche Bank
APO
BX
CG
KKR
OAK


document_description: The document discusses the near-term and long-term risks for stocks of alternative asset managers, especially after a significant price surge in 2013. It highlights potential economic slowdowns and their impact on earnings, as well as the challenges in maintaining distributable earnings in the private equity cycle.

title: Alternative Asset Manager Initiation


document_description: The document discusses the outlook for alternative asset managers, highlighting potential challenges and opportunities in the industry. It covers topics such as realization expectations, interest rate impacts, P/E gap with traditional asset managers, and taxation and regulatory risks.

key_organizations:
APO
CG
OAK
BX
Deutsche Bank Securities Inc.


document_description: Deutsche Bank initiates coverage of Apollo Global Management (APO) with a Hold rating and a price target of $31. The report discusses APO's advanced fund realization cycle, potential earnings peak, and risk profile. It highlights the impact of the Athene/Aviva acquisition and forecasts a DE per unit drop from $3.82 in 2013 to $2.70 in 2015. The report also outlines valuation, risks, and performance metrics.

title: Alternative Asset Manager Initiation

key_organizations:
Apollo Global Management
Deutsche Bank


document_description: The document is an investment thesis and outlook for Apollo, a leading alternative asset management firm. It discusses the firm's position in the market, its fund realization cycle, and distributable earnings (DE). The valuation is based on DE rather than economic net income (ENI), with a target price (PT) of $31 and a total return of 6% over the next 12 months. Risks include economic slowdown, market corrections, and regulatory changes. Upside risks include stronger investment returns and organic growth.

title: Alternative Asset Manager Initiation

key_organizations:
Apollo
Athene
Aviva
Deutsche Bank Securities Inc.


document_description: The document contains an income statement forecast for an alternative asset manager, detailing fee revenue, carried interest income, total revenue, expenses, and other income/loss for the years 2012 to 2016. The data is sourced from company reports and Deutsche Bank.

title: Alternative Asset Manager Initiation


document_description: The document contains a detailed income statement forecast for the APO Real Estate Segment, covering various financial metrics such as fee revenue, carried interest income, total revenue, expenses, and other income for the years 2012 to 2016. It includes both actual and estimated figures for different quarters and years.

title: APO Real Estate Segment Income Statement Forecast