document_description: Confidential communication from Tazia Smith, Director at Deutsche Bank Securities Inc, containing disclaimers about confidentiality and legal advice. The communication is intended for a specific recipient and includes instructions for handling if received in error.


source: doj

document_description: Confidential communication intended for the use of the addressee, property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited. Contains a confidentiality notice and instructions for error notification.

document_type: other


document_description: This document appears to be a financial data table or report related to currency exchange rates, specifically CNYMXN. It includes historical data points such as high, low, and average prices over a period from 2005 to 2014. The document also contains contact information for various international locations.

document_type: tabular

key_locations:
Australia
Brazil
Europe
Germany
Hong Kong
Japan
Singapore
U.S.


document_description: The document is marked as confidential and is related to the Jeffrey Epstein case, as indicated by the reference to the Southern District of New York (SDNY). It includes multiple reference numbers, suggesting it may be part of a larger set of documents or evidence.

title: Passion to Perform


document_description: The document is a daily deposit report dated January 14, 2014, listing large, zero, and negative balances for various accounts, including those associated with Jeffrey Epstein. It also details large transactions for Summit Equities LLC.

title: Daily Deposit Report

key_people:
Jeffrey Epstein
Dominique Leimer
Darren K. Indyke

document_subtype: financial report

key_organizations:
Summit Equities LLC
Southern Financial LLC
Neptune, LLC
Hyperion Air, LLC
Hyperion Air, Inc
JEGE, Inc
JEGE, LLC
Darren K. Indyke PLLC
HBRK Associates, Inc
New York Strategy Group, LLC
Southern Trust Company, Inc.
The 2007 Jeffrey E. Epstein Insurance
NES, LLC
Port, Inc


document_description: Discussion of long SY call options with a focus on the dislocation between interest rates and volatility. Deutsche Bank FX strategists predict USDJPY rates and suggest a 10-year expiry SY call option. The option has specific characteristics and risks, including a knockout feature and sensitivity to SY spot moves.

title: $Y [I]

document_type: correspondence

key_organizations:
Deutsche Bank AG
Deutsche Asset & Wealth Management
DeAwm Key client Partners


document_description: This document is a communication from Tazia Smith, Director at Deutsche Bank Securities Inc, containing confidential and/or privileged information. It is intended for the use of the addressee and is the property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited.

key_people:
Tazia Smith
Jeffrey Epstein

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

key_organizations:
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management


document_description: This document appears to be a financial report or table related to currency exchange rates, specifically CNYMXN (Chinese Yuan to Mexican Peso). It includes data points such as opening, high, low, and closing prices, as well as historical data from 2005 to 2014. The document also lists contact numbers for various international locations.


document_description: Vinit Sahni from Deutsche Asset & Wealth Management discusses a potential investment in MBONO 30-year bonds with Jeffrey Epstein. Sahni outlines the potential value in the EM space, particularly in Mexico, and suggests buying MBONO 30-year bonds unhedged. Epstein agrees to proceed with a 3 million investment.

key_people:
Vinit Sahni
Jeffrey Epstein

key_locations: London Mexico

document_subtype: email

key_organizations:
Deutsche Asset & Wealth Management
Deutsche Bank AG


document_description: The document contains a yield chart for MBONO 7 3/4 11/13/42, showing financial data including mid yield to maturity, high, average, and low yields over a specified date range.

title: MBONO 7 3/4 11/13/42 Yield Chart

document_subtype: financial data


document_description: The document contains a note regarding the CNY/MXN currency exchange rate from January 14, 2005, to January 14, 2014, with specific metrics and a disclaimer from Deutsche Asset & Wealth Management. It also includes contact information for Vinit Sahni, Managing Director at Deutsche Asset & Wealth Management, and a confidential note from Jeffrey Epstein to Vinit Sahni.

document_subtype: note

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


document_description: This document is a communication from Nav Gupta, Managing Director at Deutsche Bank AG, to Tazia Smith, Director at Deutsche Bank Securities Inc. It discusses proposed ideas delivered by the DeAWM Key Client Partners London desk for discussion purposes only. The communication emphasizes that these ideas do not create any legally binding obligation on Deutsche Bank AG or its affiliates and are intended for professional investors who can independently evaluate the strategies and risks. The document also contains confidentiality notices and disclaimers regarding legal and tax advice.

key_people:
Nav Gupta
Tazia Smith
Jeffrey Epstein

key_locations:
London, United Kingdom
New York, NY, USA

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


document_description: This document contains a confidentiality notice indicating that the communication is intended only for the use of the addressee and is the property of Jeffrey Epstein. Unauthorized use, disclosure, or copying is prohibited and may be unlawful. It includes instructions for notifying the sender if received in error and references to EU corporate and regulatory disclosures.


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: Discussion of a financial option with a knockout feature, its potential value changes, and associated risks. The memo is intended for professional investors and emphasizes that it does not constitute investment advice.

key_people:
Nav Gupta
Tazia Smith

document_subtype: memo


document_description: A communication from Deutsche Bank's Key Client Partners (KCP) London desk, intended for discussion purposes only, emphasizing that it does not create any legally binding obligation on Deutsche Bank AG or its affiliates. The communication is meant for professional investors who can independently evaluate the proposed ideas. It includes confidentiality and privilege notices, and a disclaimer that Deutsche Bank does not provide legal or tax advice.


document_description: Discussion of a knockout option related to SY, highlighting its sensitivity to SY spot movements and potential for profit if SY rises. The memo emphasizes that the option is significantly overpriced by the market and is intended for professional investors only.

key_people:
Nay Gupta
Tazia Smith


document_description: A communication from Tazia Smith, Director at Deutsche Bank Securities Inc, discussing the confidentiality and privileged nature of the information contained within. It emphasizes the need for internal approvals for trades on proposed ideas and warns against unauthorized use or distribution of the communication.


document_description: This document is a correspondence between Nav Gupta, Managing Director at Deutsche Bank AG, and Tazia Smith, Director at Deutsche Bank Securities Inc. It discusses proposed ideas delivered by the DeAwm Key Client Partners (KCP) London desk for discussion purposes only. The document emphasizes that these ideas do not create any legally binding obligation on Deutsche Bank AG or its affiliates and are intended for professional investors who can evaluate the strategies independently. It also contains confidentiality notices and disclaimers about the nature of the information shared.


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 appears to be a financial report or table related to currency exchange rates, specifically CNYMXN (Chinese Yuan to Mexican Peso). It includes historical data, high and low values, and contact information for various international offices.


document_description: The document appears to be a financial report or table related to currency exchange rates, specifically CNYMXN. It includes data points such as opening, high, low, and closing prices, as well as historical high and low prices. The document also lists contact numbers for various international locations.


document_description: Discussion of long SY call options with a focus on the dislocation between interest rates and volatility. Deutsche Bank FX Strategists predict USDJPY rates and suggest a 10-year expiry SY call option. The memo outlines the characteristics and risks of the option, emphasizing its sensitivity to SY spot moves and the knockout feature.

key_locations:
London
United Kingdom

document_subtype: internal memo


document_description: Internal memo discussing long SY call options with a focus on benefiting from the dislocation between interest rates and volatility. Deutsche Bank FX strategists predict USDJPY rates and suggest a 10-year expiry SY call option with specific characteristics and risks.

key_organizations:
Deutsche Bank AG
Deutsche Asset & Wealth Management


document_description: A communication from Tazia Smith, Director at Deutsche Bank Securities Inc, containing confidential and privileged information. The communication is intended for a specific recipient and includes disclaimers about unauthorized use and legal advice.


document_description: An email from Jeffrey Epstein to Vinit Sahni and others discussing proposed ideas by the DeAWM Key Client Partners London desk for discussion purposes only. It emphasizes that these ideas do not create any legally binding obligation on Deutsche Bank AG or its affiliates and are intended for professional investors who can evaluate them independently.

key_people:
Jeffrey Epstein
Vinit Sahni
Tazia Smith
Nay Gupta

key_organizations:
Deutsche Asset & Wealth Management
DeAWM Key Client Partners
Deutsche Bank AG


document_description: A communication from Nav Gupta, Managing Director at Deutsche Bank AG, to Tazia Smith, Director at Deutsche Bank Securities Inc. The document discusses proposed ideas delivered by the DeAWM Key Client Partners London desk for discussion purposes only. It emphasizes that these ideas do not create any legally binding obligation on Deutsche Bank AG or its affiliates and are intended for professional investors only. The communication contains disclaimers about confidentiality and the nature of the information provided.


document_description: This document is a valuation statement from Deutsche Bank Group provided to Southern Financial, LLC. It includes details on valuation methodologies, disclaimers, and contact information for inquiries. The statement is intended for internal use and outlines the economic assessment of transactions or instruments as of January 14, 2014.

title: Deutsche Bank Group Valuation Statement

key_people:
Tazia Smith
Vahe Stepanian
Joseph Cothron

document_type: financial

document_subtype: valuation statement

key_organizations:
Deutsche Bank Group
Southern Financial, LLC


document_description: This document is a valuation statement from Deutsche Bank AG for Southern Financial, LLC, detailing FX-Options trades as of January 14, 2014. It includes trade details 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 in USD.

title: Deutsche Bank Group Valuation Statement

key_organizations:
Deutsche Bank AG
Southern Financial, LLC


document_description: A table showing the mid yield to maturity on specific dates, along with a note on the CNYMXN chart related to labor costs between China and Mexico.

key_locations: China Mexico


document_description: The document contains financial data related to the CNY/MXN currency pair, including last price, high, average, and low values over a specified period. It also includes contact information for various international offices and a disclaimer from Deutsche Asset & Wealth Management.

title: CNY/MXN Currency Pair Data

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


document_description: A communication from Nav Gupta, Managing Director at Deutsche Bank AG, to Tazia Smith, Director at Deutsche Bank Securities Inc. The document discusses proposed ideas delivered by the DeAWM Key Client Partners London desk for discussion purposes only. It emphasizes that the ideas do not create any legally binding obligation and are intended for professional investors who understand the associated risks. The communication contains confidentiality notices and disclaimers regarding legal and tax advice.


document_description: This document contains a confidentiality notice regarding communications that are the property of Jeffrey Epstein. It warns against unauthorized use, disclosure, or copying of the communication and provides instructions for notifying the sender if the communication is received in error. It also includes a link for additional EU corporate and regulatory disclosures.


document_description: A memo discussing the characteristics of a financial option related to SY, including its decay, knockout feature, and sensitivity to SY spot movements. The memo is intended for professional investors and emphasizes that it is for discussion purposes only, not legally binding.


document_description: A communication from Tazia Smith, Director at Deutsche Bank Securities Inc, discussing proposed ideas delivered by the DeAWM Key Client Partners London desk. The communication emphasizes that the ideas are for discussion purposes only and do not create any legally binding obligation. It is intended for professional investors who can independently evaluate the strategies and risks. The document also contains confidentiality notices.

key_locations:
London
New York, NY

key_organizations:
Deutsche Bank AG
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
DeAWM Key Client Partners


document_description: Confidential communication from Tazia Smith, Director at Deutsche Bank Securities Inc, intended for professional investors. The communication contains investment ideas and emphasizes the need for internal approvals before execution. It also includes disclaimers about the nature of the information and its confidentiality.


document_description: Discussion of option strategies and their potential outcomes, emphasizing that the ideas are for discussion purposes only and do not create any legally binding obligation on Deutsche Bank AG or its affiliates. The memo is intended for professional investors who can independently evaluate the strategies.

key_locations:
London
New York


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: Discussion about PDVSA credit and bond market conditions, with a recommendation to sell based on recent market rally and political risks in Venezuela.

key_people:
Vinit
Tazia Smith
Jeffrey Epstein

key_locations:
New York, NY
Venezuela

key_organizations:
Deutsche Bank Securities, Inc.
Deutsche Asset & Wealth Management


document_description: Vinit Sahni from Deutsche Asset & Wealth Management seeks clarification from Jeffrey Epstein regarding the value of MXN bonds. He mentions getting a price on MBONO 7.75% 11/13/2042 and discusses the risks associated with currency and interest rates.

key_people:
Jeffrey Epstein
Vinit Sahni


document_description: Discussion on long expiry call options to benefit from dislocation between interest rates and volatility. Deutsche Bank FX Strategists predict USDJPY rates and suggest a 10-year expiry $Y call option with specific characteristics and risks.

title: Long SY Call Options


document_description: A memo from Deutsche Bank AG's London desk discussing proposed ideas for professional investors. It emphasizes that the ideas are for discussion purposes only and do not create any legally binding obligations. The memo is intended for professional investors who can independently evaluate the strategies and risks associated with the proposed ideas.


document_description: This document is a confidential communication from Deutsche Bank, emphasizing the confidentiality and potential legal privilege of the information contained within. It warns against unauthorized use, disclosure, or copying and provides instructions for notifying the sender in case of receipt in error.


document_description: This document is a confidential communication, possibly containing attorney-client privileged or inside information, intended only for the addressee. It warns against unauthorized use, disclosure, or copying, and provides instructions for notifying the sender if received in error. It also references EU corporate and regulatory disclosures.


document_description: Discussion of a 10-year expiry SY call option with specific characteristics and market analysis related to the Japanese Yen vs. USD.


document_description: A communication from Tazia Smith, Director at Deutsche Bank Securities Inc, emphasizing that KCP London desk does not provide investment advice and is intended for professional investors. It includes contact information and a confidentiality notice.

key_organizations:
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
Key Client Partners - US


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: This document is a communication from Tazia Smith, Director at Deutsche Bank Securities Inc, containing confidential and/or privileged information. It includes disclaimers about unauthorized use and legal advice.


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades with maturity dates, notional amounts, and market-to-market values.

title: Deutsche Bank Group Valuation Statement


document_description: Internal memo discussing USDCAD call options and market conditions. The memo suggests buying a 3-month expiry 1.10/1.13 call spread on USDCAD with specific conditions and highlights macroeconomic factors affecting the USDCAD exchange rate.


document_description: Confidential communication from Deutsche Bank with a disclaimer about unauthorized copying, disclosure, or distribution. It also states that Deutsche Bank does not provide legal or tax advice.


document_description: This document is a confidential communication, possibly containing privileged information. It includes a disclaimer about the unauthorized use of the information and a notice that Deutsche Bank does not provide legal or tax advice.


document_description: This is a confidential communication, possibly containing attorney-client privileged or inside information, intended only for the addressee. It warns against unauthorized use, disclosure, or copying and provides instructions for handling if received in error. It also notes that Deutsche Bank does not provide legal or tax advice.


document_description: Confidential communication intended for the addressee, possibly containing attorney-client privileged or inside information. Unauthorized use, disclosure, or copying is prohibited. If received in error, notify the sender and destroy the communication. Deutsche Bank does not provide legal or tax advice.


document_description: This document is a valuation statement from Deutsche Bank Group for Southern Financial, LLC, detailing FX options trades with various trade IDs, counterparties, trade types, dates, amounts, and other financial details.

title: Deutsche Bank Group Valuation Statement


document_description: Instructions for completing Form W-9, which is used to provide taxpayer identification information to a requester. It includes details on backup withholding, FATCA reporting, and specific instructions for different types of entities.

title: Form W-9 (Rev. 8-2013)

document_subtype: tax document


document_description: This document is a Form W-9, which is used to provide a taxpayer identification number (TIN) to a person who is required to file an information return with the IRS to report, for example, income paid to you, real estate transactions, mortgage interest you paid, acquisition or abandonment of secured property, cancellation of debt, or contributions you made to an IRA. The form includes information on exempt payee codes, backup withholding, and FATCA reporting codes.

title: Form W-9 (Rev. 8-2013)

document_subtype: tax form

key_organizations:
Internal Revenue Service
Social Security Administration


document_description: Instructions for providing the correct name and taxpayer identification number (TIN) for various types of accounts. Includes guidance on identity theft prevention and privacy act notice.

title: Form W-9 (Rev. 8-2013)

key_organizations: Treasury Inspector General for Tax Administration

reference_numbers:
Form 1041
Form 1099
Form 8832
Form 2553
Form 14039
Publication 4535


document_description: This document is a confidential private offering memorandum for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.) and (International), L.P. It details the private placement of limited partnership interests in these funds. The memorandum specifies that there is no market for the interests offered and they are not redeemable at the option of the holders.

title: CONFIDENTIAL PRIVATE OFFERING MEMORANDUM

document_date: January 2014

document_subtype: Offering Memorandum

key_organizations: Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P.

key_organizations: Secondary Opportunities Fund III Private Client Feeder Fund (International), L.P.


document_description: This document is a confidential private offering memorandum circulated by Deutsche Bank Trust Company Americas to prospective eligible investors. It details the offering of limited partnership interests in Secondary Opportunities Fund III Private Client Feeder Fund (U.S.) and (International), which are Delaware and Cayman Islands limited partnerships, respectively. The memorandum includes information about the investment objectives, risk factors, and legal disclaimers regarding the offering's exemption from registration under U.S. securities laws.

title: Confidential Private Offering Memorandum for Secondary Opportunities Fund III Private Client Feeder Fund

key_people:
General Partner
Investment Manager

document_date: December 2013

key_locations:
Delaware
Cayman Islands

document_subtype: Private Offering Memorandum

key_organizations: Secondary Opportunities Fund III Private Client Feeder Fund (International)


document_description: This document outlines the regulatory and compliance framework for Southern Financial LLC's Master Fund and Feeder Funds. It details the authorization and regulatory status of the Master Fund Manager under the AIFM Directive in the UK, the investment risks associated with the interests, and the compliance with U.S. CFTC requirements. The document also explains the reliance on CFTC No-Action Relief for exemption from certain registration and disclosure requirements.

key_locations:
United Kingdom
United States

document_subtype: Investment Memorandum

key_organizations: U.S. Commodity Futures Trading Commission

reference_numbers:
CFTC No-Action Letter No. 12-38
CFTC Rule 4.14(a)(5)


document_description: The document outlines the terms and conditions for investing in Southern Financial LLC's feeder funds. It discusses position limits, reporting requirements, and subscription agreements. The minimum subscription is $500,000, but the general partner may accept lesser amounts. The document also addresses legal considerations and confidentiality regarding tax treatment and structure.

document_subtype: investment memorandum

key_organizations:
Southern Financial LLC
CFTC


document_description: This document is an investment memorandum for Southern Financial LLC, outlining the terms and risks associated with investing in certain securities. It emphasizes that these securities have not been recommended by any regulatory authority and that there is no public market for the interests. The document warns of significant risks and potential conflicts of interest, and advises investors to rely on their own examination of the offering. It also states that limited partners will not have direct voting rights or interests in the master fund.

key_people:
General Partner
Investment Manager
Placement Agents

key_organizations: Leonardo Secondary Opportunities Fund III (GP) Limited

key_organizations: Leonardo Secondary Opportunities Fund III (Alternate GP), LP

key_organizations: Deutsche Alternative Asset Management (Global)


document_description: The document outlines the subscription agreements for Southern Financial LLC, including the Onshore and Offshore Feeder LP Agreements. It specifies that interests may be owned by entities in the Cayman Islands but will not conduct business with the public there, except as necessary for external operations. It advises investors to seek their own legal and financial counsel regarding the investment's suitability and legal aspects.

document_subtype: Subscription Agreement


document_description: This document is a table of contents for a financial or legal document related to Southern Financial LLC, including sections on executive summary, terms, regulatory and tax considerations, risk factors, and legal considerations. It also includes appendices with a master fund offering memorandum and partnership agreement.

title: SOF III - 1081 Southern Financial LLC


document_description: This document is an executive summary related to Southern Financial LLC, marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: SOF III - 1081 Southern Financial LLC

document_subtype: Executive Summary


document_description: The document is an executive summary for the Secondary Opportunities Fund III, LP, an English limited partnership formed to make investments in various asset classes on the secondary market. It is managed by Deutsche Alternative Asset Management (Global) Limited, an affiliate of Deutsche Bank AG. The document outlines the structure of the Master Fund and its associated Feeder Funds, including the Onshore and Offshore Feeder Funds, and details the investment management roles and minimum capital commitments. It emphasizes the need for prospective investors to review the Master Fund Offering Memorandum for detailed investment terms and risk factors.

title: SOF III - 1081 Southern Financial LLC

key_people: Leonardo Secondary Opportunities Fund III (GP) Limited

key_people: Leonardo Secondary Opportunities Fund III (Alternate GP), LP


document_description: This document is a Confidential Offering Memorandum for the Feeder Funds associated with the Master Fund. It outlines the terms, risks, and conditions of investing in the Feeder Funds, which are similar to those of the Master Fund but with additional terms and risks. It advises prospective investors to review the Memorandum, subscription agreement, and partnership agreements with advisors before investing.

document_subtype: Confidential Offering Memorandum

key_organizations:
Southern Financial LLC
Master Fund
Feeder Funds
Master Fund General Partner
Second Master Fund General Partner
Master Fund Manager


document_description: This document provides a summary of terms for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.) and the Secondary Opportunities Fund III Private Client Feeder Fund (International). It outlines the principal terms of the Onshore and Offshore Feeder Funds, highlighting differences from direct investment in the Master Fund. The Onshore Feeder Fund is a Delaware limited partnership designed for U.S. taxable and certain U.S. tax-exempt investors, while the Offshore Feeder Fund is intended for other eligible investors.

title: Summary of Terms for Secondary Opportunities Fund III

document_subtype: Investment Summary

key_organizations:
Secondary Opportunities Fund III
Onshore Feeder Fund
Offshore Feeder Fund


document_description: The document outlines the investment offering for limited partnership interests in the Onshore and Offshore Feeder Funds. It details the tax implications for U.S. and Non-U.S. investors, including withholding taxes and eligibility criteria for investment in the Offshore Feeder Fund.

document_subtype: investment offering


document_description: The document outlines the commitment terms for Limited Partners in the Onshore Feeder Fund, managed by Deutsche Bank Trust Company Americas. It details the conditions under which Limited Partners may be required to return distributions to meet various financial obligations of the fund.

document_subtype: Investment Commitment

key_organizations: Deutsche Bank's Asset & Wealth Management


document_description: The document outlines the structure and financial arrangements of the Secondary Opportunities Fund III Private Client Feeder Fund GP, Ltd., an exempted company in the Cayman Islands. It details the roles of the General Partner and the Investment Manager, including the management fees and capital call procedures. The General Partner is affiliated with Southern Management Services Ltd. and Smarts Walker Hersant, Attorneys-at-Law. The document also describes the capital call process and the establishment of a Funding Reserve for the Onshore Feeder Fund.

document_subtype: Investment Fund Agreement


document_description: The document outlines the distribution and co-investment strategies of the Onshore and Offshore Feeder Funds managed by Southern Financial LLC. It details the discretion of the Investment Manager in determining distributions, the withholding of amounts for reserves, and the indirect participation in co-investments by the Onshore Feeder Fund.

document_subtype: Investment Fund Document

key_organizations:
Southern Financial LLC
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund


document_description: The document outlines the financial structure and borrowing capabilities of the Onshore Feeder Fund and the Master Fund. It details how excess funding beyond Limited Partners' Capital Commitments will be managed, including potential borrowings and distributions from the Master Fund. It also describes the expenses associated with the Feeder Fund, including organizational and operating expenses.

document_subtype: financial agreement

key_organizations:
Onshore Feeder Fund
Master Fund
Limited Partners
Offshore Feeder Fund


document_description: The document outlines the financial responsibilities and expenses related to the Onshore Feeder Fund and its relationship with the Master Fund and Offshore Feeder Fund. It details the management fees, organizational and operational expenses, and the allocation of costs among the General Partner, Administrator, and Investment Manager.

key_organizations:
Onshore Feeder Fund
Master Fund
Offshore Feeder Fund
Southern Financial LLC


document_description: The document outlines the default provisions and transfer restrictions for investors in the Onshore Feeder Fund and Offshore Feeder Fund. It details the consequences of an investor's default, including potential loss of investment and obligations of non-defaulting partners to cover defaulted amounts. It also specifies conditions under which a Limited Partner may transfer their interest.

document_subtype: Investment Agreement

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund


document_description: The document outlines the terms and tax considerations for the Onshore and Offshore Feeder Funds associated with the Master Fund. The Onshore Feeder Fund is treated as a partnership for U.S. federal income tax purposes, while the Offshore Feeder Fund elects to be treated as a foreign corporation. The document highlights potential tax implications for investors, especially U.S. tax-exempt investors, and advises them to consider the Offshore Feeder Fund to avoid UBTI.

document_type: legal

document_subtype: Feeder LP Agreement


document_description: The document outlines the requirements for updating Service Form W-8 or W-9 for the Offshore Feeder Fund with its Subscription Agreement. It also details the conditions under which the General Partner may amend the Onshore and Offshore Feeder LP Agreements without the consent of the Limited Partners, provided certain criteria are met. These amendments are primarily to correct errors, comply with legal requirements, or address changes in financial, regulatory, or tax legislation.

key_people:
General Partner
Limited Partners

key_organizations:
Southern Financial LLC
Onshore Feeder Fund
Offshore Feeder Fund
Investment Manager


document_description: The document outlines the terms for modifying agreements, removing the Investment Manager or General Partner, and indemnification obligations for the Onshore Feeder Fund. It specifies the voting requirements for Limited Partners to make changes and the conditions under which the Investment Manager or General Partner can be removed. It also details indemnification provisions for various parties involved with the fund.

document_subtype: Investment Agreement Summary

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund
Southern Financial LLC


document_description: The document outlines the indemnification, exculpation, and voting provisions for the Offshore Feeder LP Agreement and the Onshore Feeder LP Agreement. It specifies that investors in the Offshore Feeder Fund are indirectly bound by the provisions of the Onshore Feeder LP Agreement. The document also details the voting process for Limited Partners in both the Onshore and Offshore Feeder Funds.

document_subtype: Limited Partnership Agreement


document_description: The document outlines the regulatory and tax considerations for SOF III - 1081 Southern Financial LLC, focusing on securities laws, the Investment Company Act of 1940, and the Commodity Exchange Act. It discusses the reliance on exemptions from registration under the Securities Act of 1933 and Regulation D, the disclosure requirements under Rule 506(e) of Regulation D, and past settlements involving Deutsche Bank Securities Inc. and Deutsche Asset Management. It also covers compliance with the Investment Company Act of 1940 and the Commodity Exchange Act, including a no-action relief claim filed with the CFTC.

document_subtype: Regulatory and Tax Considerations

key_organizations: National Association of Securities Dealers

key_organizations: Deutsche Investment Management Americas Inc.


document_description: This document provides a summary of certain U.S. federal income tax consequences for U.S. Holders, U.S. Tax-Exempt Investors, and Non-U.S. Holders acquiring, holding, and disposing of interests in the Onshore and Offshore Feeder Funds. It outlines the tax implications based on current U.S. tax laws and advises investors to consult tax advisors for personalized advice.

title: Tax Considerations for SOF III - 1081 Southern Financial LLC

document_subtype: tax document

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
U.S. Department of the Treasury
Internal Revenue Service


document_description: This document outlines the tax implications for investors in the Onshore Feeder Fund, which derives income from the Master Fund. It discusses the reporting requirements, potential tax liabilities, and the need for investors to file IRS Form W-9. It also covers the allocation of profits and losses according to the Onshore Feeder LP Agreement.

key_organizations:
Onshore Feeder Fund
Master Fund
U.S. Treasury Department


document_description: The document outlines tax implications for investors in the Onshore Feeder Fund, including tax basis adjustments, distributions, and sale or disposition of interests. It discusses how tax allocations generally follow book allocations and the potential impact of IRS challenges. It also details how cash and property distributions affect an investor's tax basis and the tax consequences of selling or disposing of interests.

key_organizations:
Onshore Feeder Fund
IRS
Southern Financial LLC


document_description: The document discusses the tax implications and limitations for investors in the Onshore Feeder Fund, including treatment of capital gains and losses, limitations on deductions, and considerations for investments in non-U.S. entities classified as PFICs or CFCs.

key_organizations:
Onshore Feeder Fund
Master Fund
Southern Financial LLC


document_description: The document discusses tax implications for U.S. and non-U.S. investors in the Onshore Feeder Fund, including the potential for unrelated business taxable income (UBTI) for tax-exempt investors and the complexities of making a section 754 election under the U.S. tax code.

document_subtype: investment fund tax information

key_organizations:
Southern Financial LLC
Onshore Feeder Fund
Offshore Feeder Fund


document_description: The document discusses tax implications for investors in the Onshore Feeder Fund, including foreign tax credits, qualified dividends, capital gains, and reportable transactions. It outlines the limitations on foreign tax credits, the applicability of reduced tax rates on qualified dividends and long-term capital gains, and the requirements for disclosing participation in reportable transactions to the IRS.

key_organizations:
Onshore Feeder Fund
U.S. Treasury Department
IRS


document_description: The document discusses tax considerations for investors in the Onshore Feeder Fund, Offshore Feeder Fund, and Master Fund, particularly in relation to non-U.S. income tax. It covers the implications of being treated as a resident or having a permanent establishment in foreign countries, the potential for withholding taxes, and the responsibilities of filing tax returns. It also addresses the treatment of withholding taxes as payments to Limited Partners and the possibility of capital gains taxes.

document_subtype: investment fund tax considerations


document_description: The document provides information about the tax concessions and legal structure of the SOF III - 1081 Southern Financial LLC, including details about the General Partner and the Offshore Feeder Fund under Cayman Islands law. It discusses the tax exemptions expected for a period of 20 to 50 years and the annual fees applicable. It also advises prospective investors to consult tax advisors regarding the tax implications of their investments.

document_subtype: investment fund information

key_organizations: Governor-in-Council of the Cayman Islands


document_description: The document discusses compliance with ERISA and the Code regarding investments by Benefit Plan Investors in the Onshore Feeder Fund. It outlines the Plan Asset Provisions and the criteria for determining whether the fund's assets are considered plan assets. The document also details the measures taken to ensure that less than 25% of the fund's value is owned by Benefit Plan Investors to avoid classification as plan assets.

document_subtype: Investment Fund Compliance

key_organizations:
Southern Financial LLC
U.S. Department of Labor


document_description: The document discusses the ERISA implications for investors in the Onshore and Offshore Feeder Funds, highlighting potential fiduciary responsibilities and restrictions under ERISA and Section 4975 of the Code. It also addresses considerations for governmental pension plans investing in these funds.

document_subtype: investment document

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
U.S. Department of Labor


document_description: The document advises investors to consult their own counsel regarding issues under ERISA and the Code before making an independent decision about investing in the Onshore or Offshore Feeder Fund.


document_description: This document outlines the risk factors associated with SOF III - 1081 Southern Financial LLC. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: SOF III - 1081 Southern Financial LLC

document_subtype: Risk Factors


document_description: The document outlines risk factors associated with investing in the Offshore and Onshore Feeder Funds, which are linked to the Master Fund. It highlights the speculative nature of the investment, potential conflicts of interest, and the lack of direct rights for Limited Partners in the Master Fund. The document also notes the additional expenses incurred by investing through Feeder Funds.

document_subtype: investment memorandum

key_organizations:
Offshore Feeder Fund
Onshore Feeder Fund
Master Fund
Master Fund Manager


document_description: The document discusses the risks and regulatory considerations associated with investing in newly-formed Feeder Funds and a Master Fund managed by Southern Financial LLC. It highlights the lack of operating history, the unregistered status of the funds, temporary no-action relief from CPO registration, and potential legal and regulatory risks. The document also mentions the impact of the Dodd-Frank Act and Volcker Rule on Deutsche Bank and its affiliates, which may affect the funds.

document_subtype: investment fund disclosure

key_organizations:
Southern Financial LLC
Deutsche Bank
CFTC


document_description: This document discusses the implications of the Volcker Rule, part of the Dodd-Frank Act, on Deutsche Bank and its affiliates. It outlines the restrictions imposed by the rule on banking entities, particularly in relation to 'covered funds' and the compliance requirements for Deutsche Bank as a bank holding company. The document also highlights the potential impact on the Master Fund and Feeder Funds managed by Deutsche Bank, including limitations on financial support and naming restrictions.

key_people:
Deutsche Bank
Master Fund Manager
Investment Manager

document_subtype: Regulatory Compliance Document

key_organizations:
Deutsche Bank
US Federal Reserve

reference_numbers:
Section 619
Section 23A


document_description: The document discusses the impact of the AIFM Directive on Deutsche Bank's investments in the Master Fund and Feeder Funds. It outlines the regulatory requirements for AIF Managers under the Directive and the implications for the Master Fund and Feeder Funds, including potential impacts on organization and operating expenses.

key_locations:
EU
United Kingdom

document_subtype: Investment Memorandum

key_organizations:
Deutsche Bank
Master Fund
Feeder Funds
FCA


document_description: The document outlines the financial obligations and risks associated with the Onshore Feeder Fund, including capital contributions, default consequences, and ERISA considerations. It details the rights of the Onshore Feeder Fund to recall capital contributions for various obligations and the potential consequences of a Limited Partner's default. It also discusses the efforts to avoid the Onshore Feeder Fund's assets being treated as 'plan assets' under ERISA.

document_subtype: investment fund document

key_organizations:
Onshore Feeder Fund
Master Fund
Limited Partners


document_description: The document discusses the regulatory and fiduciary considerations for the Onshore and Offshore Feeder Funds, particularly in relation to ERISA and Section 4975 of the Code. It also covers the use of Side Letters, which may grant certain Limited Partners preferential terms in their investments.

document_subtype: Investment Fund Document

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund
Department of Labor


document_description: The document outlines the policies and strategies of SOF III - 1081 Southern Financial LLC, focusing on the treatment of Limited Partners, borrowing strategies, and over-commitment strategies. It discusses the conditions under which terms may vary for Limited Partners, borrowing limits and risks for the Onshore Feeder Fund, and the potential use of an over-commitment strategy to cover expenses and defaults.

document_subtype: investment policy document

key_organizations:
SOF III - 1081 Southern Financial LLC
Onshore Feeder Fund
Master Fund
Investment Manager


document_description: The document is an investment memorandum for the Offshore Feeder Fund, which is newly organized and lacks financial or operating history. It highlights that the fund is not registered under various U.S. acts and carries risks of total investment loss. The fund is not required to register as a mutual fund under Cayman Islands law due to its closed-ended nature. The document also discusses tax risks associated with investing in the fund, emphasizing the need for investors to consult tax advisors.

key_organizations:
Offshore Feeder Fund
Cayman Islands Monetary Authority


document_description: This document outlines the tax and regulatory considerations for investors in the Onshore and Offshore Feeder Funds managed by Southern Financial LLC. It discusses potential tax obligations, phantom income, and compliance with FATCA and anti-money laundering requirements.

key_organizations:
Southern Financial LLC
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund


document_description: Verification of identity and source of funds for investors in the Master Fund, with compliance to anti-money laundering regulations. The General Partner and Investment Manager reserve the right to request additional documentation and may refuse subscriptions or freeze accounts if information is not provided. The Master Fund General Partner may report non-compliance to authorities without notifying the Onshore Feeder Fund.

document_subtype: Subscription Agreement Verification

key_organizations: U.S. Treasury Department's Office of Foreign Assets Control


document_description: The document discusses the tax risks associated with the Onshore and Offshore Feeder Funds, including reporting and disclosure requirements, treaty benefits, PFIC status, and U.S. trade or business tax risks. It highlights the need for Limited Partners to obtain extensions for tax filings and the potential adverse tax consequences for U.S. Holders of the Offshore Feeder Fund.

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
Master Fund


document_description: The document outlines potential conflicts of interest involving Deutsche Bank and its affiliates in relation to the Master Fund, Investment Funds, Onshore Feeder Fund, and Offshore Feeder Fund. It highlights that Deutsche Bank's diverse financial activities may conflict with the interests of these funds and their partners. Investors are deemed to acknowledge and waive claims regarding these conflicts by acquiring interests.

document_subtype: conflict of interest disclosure

key_organizations:
Deutsche Bank
Master Fund
Investment Funds
Onshore Feeder Fund
Offshore Feeder Fund


document_description: The document outlines legal considerations for investing in the Onshore and Offshore Feeder Funds, including restrictions on the offer and sale of Interests, compliance with anti-money laundering and trade sanctions laws, and the rights of Limited Partners. It emphasizes the need for investors to consult legal and tax advisors before investing.

document_subtype: legal considerations

key_organizations:
Onshore Feeder Fund
Offshore Feeder Fund
Deutsche Bank


document_description: The document outlines the business relationship between Southern Financial LLC and Deutsche Bank, including administrative activities, customer service, and compliance with economic embargo and trade sanctions laws. It emphasizes the protection of investor information and the rights of the General Partner or Investment Manager to take necessary actions to comply with laws.

document_subtype: Investment Agreement

key_organizations:
Southern Financial LLC
Deutsche Bank


document_description: Confidential Private Placement Memorandum for Secondary Opportunities Fund III, LP by Deutsche Asset & Wealth Management.

title: Secondary Opportunities Fund III, LP

key_organizations:
Deutsche Asset & Wealth Management
SOF III - 1081 Southern Financial LLC


document_description: This document is a Confidential Private Placement Memorandum for Secondary Opportunities Fund III, LP, dated December 2013, circulated by Deutsche Alternative Asset Management (Global) Limited. It provides information about an investment in the fund, intended for qualified prospective investors. The memorandum outlines the confidentiality requirements, the non-binding nature of the document, and the need for investors to conduct their own due diligence.

title: Secondary Opportunities Fund III, LP Confidential Private Placement Memorandum


document_description: This document is a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, managed by DB Private Equity, a part of Deutsche Bank Group. It outlines the terms of the amended and restated limited partnership agreement of the Fund and other material legal documents. The memorandum includes disclaimers about investment risks, forward-looking statements, and the non-guaranteed nature of returns. It also mentions the pending AIFM Authorisation for the Manager and emphasizes the need for investors to conduct their own examination of the Fund.

key_locations:
United States
Germany
Australia
Hong Kong
Japan
Singapore
United Kingdom

document_subtype: Private Placement Memorandum

key_organizations: Deutsche Investment Management Americas Inc.

key_organizations: Deutsche Asset Management (Hong Kong) Limited

key_organizations: Deutsche Asset Management (Asia) Limited

key_organizations: Deutsche Alternative Asset Management (UK) Limited


document_description: This document is a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, detailing the risks, legal considerations, and investment strategies associated with the fund. It emphasizes the high-risk nature of the investment, the lack of liquidity, and the potential for material differences in actual returns compared to projected returns. The memorandum also outlines legal restrictions on the distribution and sale of interests in certain jurisdictions, with specific notices for New Hampshire and Florida residents.

key_locations:
New Hampshire
Florida

key_organizations: DB Secondary Opportunities Fund II, L.P.


document_description: This document is a Confidential Private Placement Memorandum for Secondary Opportunities Fund III, LP, detailing the offering of interests in the fund. The interests are not registered under the US Securities Act of 1933 and are offered to accredited investors and qualified purchasers. The document outlines the regulatory exemptions the fund relies on, including those from the SEC, CFTC, and NFA, and the conditions under which these exemptions apply. It also discusses the fund's reliance on CFTC No-Action Letter No. 12-38 and potential future actions based on forthcoming CFTC guidance.

key_organizations:
Secondary Opportunities Fund III, LP
US Securities and Exchange Commission
US Commodity Futures Trading Commission
National Futures Association


document_description: This document is a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, which is exempt from registration under the US Securities Act of 1933. It is offered to accredited investors or qualified eligible purchasers without public marketing in the US. The memorandum includes financial statements related to Deutsche Bank and its affiliates as of September 30, 2013. It outlines investment limitations and risks, emphasizing the need for investors to rely on their own examination of the fund.

key_organizations:
Secondary Opportunities Fund III, LP
Deutsche Bank
DB SOF
DB SOF D
DB SOF II


document_description: This document is a confidential private placement memorandum for the Secondary Opportunities Fund III, LP, associated with Southern Financial LLC. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: SOF III - 1081 Southern Financial LLC Secondary Opportunities Fund III, LP

document_subtype: Confidential Private Placement Memorandum


document_description: This document is a table of contents for the Secondary Opportunities Fund III, LP, detailing sections and appendices related to investment performance, fund management, risk factors, legal considerations, and more.

title: Secondary Opportunities Fund III, LP - Table of Contents

document_subtype: Table of Contents

key_organizations:
Secondary Opportunities Fund III, LP
Southern Financial LLC


document_description: Secondary Opportunities Fund III, LP (SOF III) is a private equity fund formed by Deutsche Bank AG's private equity business, seeking US$1 billion in commitments to invest in a diverse portfolio including buyout, growth capital, venture capital, and more, primarily in the US and Europe. Managed by Deutsche Alternative Asset Management, the fund aims for capital appreciation through secondary market acquisitions and co-investments. Previous funds by DB PE have shown strong performance metrics.

title: Secondary Opportunities Fund III, LP Executive Summary

key_people:
Carlo Pirzio-Biroli
Charles Smith

key_locations: US Europe

document_subtype: Executive Summary

key_organizations:
Deutsche Bank AG
Deutsche Alternative Asset Management


document_description: The document is an executive summary for the Secondary Opportunities Fund III, LP, managed by DB PE, Deutsche Bank's global private equity asset manager. It outlines the fund's strategy to source less intermediated deal flow, focusing on confidentiality, speed, and certainty of execution. The fund aims to leverage DB PE's relationships with 250 fund sponsors and Deutsche Bank's due diligence capabilities. The document highlights the benefits of secondary market investing, including pricing inefficiencies, risk mitigation, and diversified exposure. It also notes the compelling investment opportunity due to regulatory pressures on financial institutions to sell private equity holdings and favorable supply-demand balance for buyers.

title: SOF III - 1081 Southern Financial LLC

key_organizations: Private Wealth Management division of Deutsche Bank


document_description: The document outlines the investment strategy and performance of the Secondary Opportunities Fund III, LP, managed by Deutsche Bank. The fund targets small, complex private equity portfolios and aims to invest in mid-sized funds at attractive pricing. It focuses on secondary transactions ranging from US$5 million to US$100 million globally. The fund leverages Deutsche Bank's global platforms and relationships to source deals and work directly with sellers. As of September 30, 2013, the fund has shown strong performance metrics, with top decile returns for DB SOF, DB SOF D, and DB SOF II.

title: Secondary Opportunities Fund III, LP - Executive Summary

key_organizations:
Deutsche Bank
DB PE


document_description: The document is a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, detailing an investment of 2.9% and $29 million to the Fund. It highlights key terms, risks, and potential conflicts of interest associated with the Fund.

title: SOF III - 1081 Southern Financial LLC


document_description: This document is a confidential private placement memorandum for the Secondary Opportunities Fund III: LP, associated with 1081 Southern Financial LLC. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: SOF III - 1081 Southern Financial LLC

key_organizations:
1081 Southern Financial LLC
Secondary Opportunities Fund III: LP


document_description: This document is a confidential private placement memorandum for Secondary Opportunities Fund III, LP, detailing investment performance.

title: SOF III - 1081 Southern Financial LLC

key_organizations:
Southern Financial LLC
Secondary Opportunities Fund III, LP


document_description: This document is a confidential private placement memorandum for Secondary Opportunities Fund III, LP. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: SOF III - 1081 Southern Financial LLC


document_description: The document provides an overview of the investment performance of the DB Secondaries Funds as of September 30, 2013. It highlights the attractive returns delivered by the Secondary Team, with a focus on the diversification and cash flow characteristics of secondary transactions. The report includes detailed performance metrics such as net TVPI, net IRR, and net DPI across all funds, and compares the performance against benchmarks.

title: DB Secondaries Performance Highlights

document_subtype: Investment Performance Report

key_organizations:
DB Secondaries Funds
Secondary Opportunities Fund III, LP
Southern Financial LLC


document_description: The document provides a detailed breakdown of the portfolio composition of the DB Secondaries Funds as of September 30, 2013. It highlights the reduced risk profile achieved by purchasing fund interests at a later stage, the diversified portfolio across various categories, and the aggregate fair market value of the portfolio.

title: DB Secondaries Funds - Portfolio Composition

document_subtype: financial report

key_organizations:
DB Secondaries Funds
Secondary Opportunities Fund III LP
Southern Financial LLC


document_description: This document provides a summary of the terms and conditions for investing in the Secondary Opportunities Fund III, LP. It includes details on the investment strategy, target size, minimum commitment, fund structure, management, term, investment period, and financial arrangements such as the general partner's share, distributions, carried interest, and organizational expenses.

title: Summary of Principal Terms for Secondary Opportunities Fund III, LP

key_people: Deutsche Alternative Asset Management (Global) Limited

document_subtype: Investment Summary


document_description: A confidential private placement memorandum for Secondary Opportunities Fund III, LP, associated with Southern Financial LLC. The document is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document is a confidential private placement memorandum for the Secondary Opportunities Fund III, LP, managed by DB Private Equity. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

key_organizations:
DB Private Equity
Southern Financial LLC


document_description: The document outlines the structure and offerings of Deutsche Bank's Asset & Wealth Management division, focusing on the Secondary Opportunities Fund III. It details the organizational structure, global platform, and investment products offered by Deutsche Asset & Wealth Management, a leading investment organization with €944 billion in assets. The document also highlights Deutsche Bank's global reach and expertise in capital markets.

title: DB Private Equity - Secondary Opportunities Fund III

key_locations:
New York
London
Cologne
Frankfurt
Zurich
Singapore

key_organizations:
Deutsche Bank
Deutsche Asset & Wealth Management


document_description: This document is a confidential private placement memorandum for the Secondary Opportunities Fund III, associated with DB Private Equity and Southern Financial LLC. The page is intentionally left blank.

title: Secondary Opportunities Fund III: LP


document_description: This document is a confidential private placement memorandum for the Secondary Opportunities Fund III, LP, specifically related to Southern Financial LLC. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

title: Secondary Opportunities Fund III


document_description: The document provides an overview of the Secondary Opportunities Fund III, LP, focusing on the secondary market for private equity assets. It discusses the illiquid nature of private equity investments, the dynamics of the private equity industry, and the growth of the primary and secondary markets from 2003 to 2012. The document also highlights the demand side of the secondary market driven by capital managed by traditional secondary funds.

key_organizations:
Secondary Opportunities Fund III, LP
UBS


document_description: The document provides a detailed analysis of the growth in primary and secondary markets, focusing on unrealized portfolio values, dry powder, and total market values from 2000 to June 2012. It also compares fund types by dry powder and deal volume, and examines secondary deal flow as a percentage of total private equity assets from 2002 to 2012. The document highlights a favorable dynamic for buyers in the secondary market compared to buyout or venture capital funds.

title: Secondary Opportunities Fund III - Growth of Primary and Secondary Markets

key_organizations:
Secondary Opportunities Fund III
Southern Financial LLC


document_description: The document provides an analysis of the secondary market for private equity transactions from 2003 to 2013, highlighting trends and seller dynamics. It discusses the shift from distressed seller themes in 2009 to displaced assets themes in 2010 and beyond, with expectations of robust transaction volumes. It categorizes sellers into Regulatory Sellers, Active Portfolio Managers, Motivated Sellers, and GP Sellers, driven by regulatory compliance and portfolio management needs.

title: Secondary Opportunities Fund III - Market Analysis


document_description: The document provides an analysis of the evolution of secondary deal types from 2010 to 2015, highlighting a shift from large plain vanilla transactions to smaller, more complex transactions across various subsectors. It discusses the drivers of the secondary market, particularly the role of GP Sellers post-financial crisis, and outlines the supply side challenges faced by different seller types. The document includes tables summarizing the evolution of deal types and the supply side drivers for different seller categories.

title: Secondary Opportunities Fund III - Evolution of Secondary Deal Type

key_organizations:
Secondary Opportunities Fund III
Preqin


document_description: The document discusses the state of the secondary market for private equity fund interests, highlighting the recovery in pricing from 2010 to the present. It includes an analysis of market pricing trends, the competitive environment, and sourcing strategies for secondary opportunities. The document also outlines the Manager's strategy to acquire assets from sellers looking to reduce private equity exposure, particularly in complex transactions.

key_organizations:
Southern Financial LLC
Secondary Opportunities Fund III
UBS


document_description: The document discusses the strategy of the Secondary Opportunities Fund III, focusing on mature fund interests that are at least 50% drawn. It contrasts this approach with other strategies targeting immature buyout funds. The document includes a competitive landscape chart for DB Secondaries and highlights the attractiveness of secondary investments for a diversified private equity portfolio.

title: Secondary Opportunities Fund III - Maturity of Fund Interests

document_date: February 2013

document_subtype: investment memorandum

key_organizations:
Secondary Opportunities Fund III
DB Secondaries


document_description: The document discusses the attractiveness of secondary opportunities for investors, highlighting benefits such as reduced costs, mitigation of blind pool risk, and pricing flexibility. It includes exhibits on the attractiveness of secondary opportunities and risk-reward dynamics across various market segments.

title: Secondary Opportunities Fund III: LP


document_description: The document outlines the investment strategy for the Secondary Opportunities Fund III, focusing on smaller deals ranging from US$5 million to US$100 million, sourced from small institutions, family offices, and private investors. The fund also targets larger transactions from financial institutions and corporate funds. The strategy includes acquiring a diverse portfolio of investments such as buyout, growth capital, venture capital, and distressed opportunities, primarily in the US and Europe. The fund aims for risk-adjusted returns in excess of 20% Net IRR. The manager leverages Deutsche Bank's global platforms and extensive network to source proprietary deals.

title: Secondary Opportunities Fund III: LP Investment Strategy

key_people:
DB PE's institutional client base
Fund Sponsors

document_subtype: Investment Strategy Document


document_description: The document outlines the sourcing strategy and geographic focus of the Secondary Opportunities Fund III, managed by Deutsche Bank. It highlights the fund's access to a wide range of general partners and fund investments, its global platform, and the differentiated structuring capabilities of its Secondary Team. The document provides a breakdown of seller locations and deal sources by value, emphasizing the importance of non-monetary factors in secondary transactions.

title: Secondary Opportunities Fund III: LP - Exhibit 14: DB Secondaries Sourcing

key_organizations:
Deutsche Bank
DB PE
DB Secondaries Funds


document_description: The document outlines the investment process for the Secondary Opportunities Fund III, managed by Deutsche Bank. It details the steps involved in deal origination, screening, investment decision, monitoring, and realisation. The process leverages Deutsche Bank's global network and relationships to source and negotiate private equity fund purchases.

title: Secondary Opportunities Fund III Investment Process

document_subtype: investment process document

key_organizations:
Deutsche Bank
Secondary Opportunities Fund III


document_description: The document outlines the investment decision and closing process for the Secondary Opportunities Fund III, LP. It describes the role of the Investment Committee in approving investments based on due diligence and negotiation of key terms. The document also includes historical data on investment opportunities transacted by the DB Secondaries Funds, highlighting the selective investment process followed by the Secondary Team.

title: Secondary Opportunities Fund III - Investment Decision and Closing

key_organizations:
Secondary Opportunities Fund III, LP
DB Secondaries Funds
DB Secondary Opportunities Team


document_description: This document is a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, focusing on fund management.

title: SOF III - 1081 Southern Financial LLC


document_description: This document is a confidential private placement memorandum for Secondary Opportunities Fund III, LP, associated with Southern Financial LLC. The page is intentionally left blank and marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: The document outlines the management structure of the Secondary Opportunities Fund III, LP. The General Partner is independently owned from Deutsche Bank, with a board of independent directors. The Manager is a subsidiary of Deutsche Bank. The Secondary Team consists of 10 investment professionals, with five members having worked together since 2007.

title: Secondary Opportunities Fund III: LP - Fund Management

key_people:
Carlo Pirzio-Biroli
Charles Smith
Chi Cheung
Adam Graev
Francesco Rigamonfi

document_subtype: Fund Management Document

key_organizations:
Deutsche Bank
Secondary Opportunities Fund III: LP


document_description: The document provides details about the Secondary Team of the Secondary Opportunities Fund III, LP, including key personnel and their responsibilities. It also outlines the role and composition of the Investment Committee responsible for evaluating investment opportunities for the Fund.

title: Secondary Opportunities Fund III - Exhibit 19: Secondary Team

key_people:
Adam Gram
Francesco Rigamonti

key_locations:
New York
Milan
London
Italy

key_organizations:
Deutsche Bank
Pomona Capital
Lehman Brothers
Chatterjee Group
Soros Funds
Cowen & Co.
Gallo & Co.


document_description: This document is a summary of terms and conditions for the Secondary Opportunities Fund III, LP, as part of a Confidential Private Placement Memorandum.

title: SOF III - 1081 Southern Financial LLC


document_description: A confidential private placement memorandum for Secondary Opportunities Fund III, LP, associated with Southern Financial LLC. The document is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: This document outlines the terms and conditions for the Secondary Opportunities Fund III, LP, managed by Deutsche Alternative Asset Management (Global) Limited. The Manager is awaiting AIFM Authorisation from the UK Financial Conduct Authority. The Fund seeks commitments of US$1 billion, with a minimum commitment of US$5 million per limited partner. Deutsche Bank intends to participate in the Fund's investment program up to 2.9% of the aggregate commitments, subject to the Volcker Rule.

title: Summary of Terms and Conditions for Secondary Opportunities Fund III, LP

key_people:
General Partner
Second GP

document_subtype: Summary of Terms and Conditions


document_description: This document outlines the terms and conditions for the investment period, reinvestment, and key person events for the Secondary Opportunities Fund III, LP. The investment period will commence based on specific conditions related to DB Secondary Opportunities Fund II, L.P and will last until certain criteria are met. Reinvestment terms allow certain distributions to be added back to unfunded commitments. Key person events involve specific individuals whose involvement is crucial to the fund's operations, with provisions for replacement and suspension of the investment period if necessary.

key_people:
Charles Smith
Carlo Pirzio-Biroli
Adam Graev
Chi Cheung
Francesco Rigamonti

key_organizations:
Secondary Opportunities Fund III, LP
DB Secondary Opportunities Fund II, L.P
Deutsche Bank AG


document_description: This document outlines the terms and conditions for the Secondary Opportunities Fund III, LP, focusing on diversification, indebtedness, and hedging strategies. It specifies investment limits, borrowing expectations, and hedging techniques.

title: SOF III - 1081 Southern Financial LLC

key_organizations:
Secondary Opportunities Fund III, LP
Fund Advisory Committee


document_description: This document outlines the terms and conditions for the Secondary Opportunities Fund III, LP, managed by DB PE. It includes sections on successor funds, allocation of investment opportunities, transfers and withdrawals, reporting and valuations, disclosure of changes to leverage provisions, and co-investment opportunities. Key points include restrictions on successor funds without consent from limited partners, equitable allocation of investment opportunities, limitations on transfers and withdrawals, and reporting requirements in accordance with AIFMD and US GAAP.

title: Secondary Opportunities Fund III, LP - Terms and Conditions

document_subtype: Terms and Conditions


document_description: This document outlines the terms and conditions for the Secondary Opportunities Fund III, LP, including default provisions, fund term, currency denomination, tax considerations, and ERISA considerations. It specifies the consequences for limited partners who default on their obligations, the fund's term and possible extensions, its denomination in US dollars, and tax implications for US federal income tax purposes. The document also addresses ERISA considerations for institutional investors, including pension plans.


document_description: This document outlines the terms and conditions for the Secondary Opportunities Fund III: LP, highlighting risk factors, potential conflicts of interest, and key service providers such as special counsel, auditors, and depositary.

title: SOF III - 1081 Southern Financial LLC

key_organizations:
Deutsche Bank
PricewaterhouseCoopers LLP
Deloitte Touche Tohmatsu
KPMG
Ernst & Young LLP
State Street Trustees Limited


document_description: This document is a confidential private placement memorandum for Secondary Opportunities Fund III, LP, associated with Southern Financial LLC. It is marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).

key_organizations:
Southern Financial LLC
Secondary Opportunities Fund III, LP


document_description: This document is a section of a Confidential Private Placement Memorandum for the Secondary Opportunities Fund III, LP, specifically focusing on risk factors associated with the investment.

title: SOF III - 1081 Southern Financial LLC Secondary Opportunities Fund III, LP


document_description: The document outlines the investment strategies and risks associated with the Secondary Opportunities Fund III, LP, managed by Southern Financial LLC. It discusses the leveraged capital structure of vintage funds and portfolio companies, investments in troubled and leveraged companies, venture capital investments, valuation issues, lack of liquidity, and the absence of an established market for secondaries investments.


document_description: The document is a Private Placement Memorandum for Secondary Opportunities Fund III, LP, detailing the risks and strategies associated with the fund's investment activities. It discusses the use of leverage, investment history, competitive nature of the fund's business, and dependence on the manager and key personnel. The memorandum highlights the risks of borrowing funds for leveraged investments, the competitive environment for acquiring investments, and the reliance on the fund's manager for operational decisions.

title: Secondary Opportunities Fund III, LP - Private Placement Memorandum

key_organizations:
Secondary Opportunities Fund III, LP
DB Secondaries Funds


document_description: The document is a private placement memorandum for the Secondary Opportunities Fund III, LP, managed by Southern Financial LLC. It outlines the roles and responsibilities of the General Partner and the Manager, the risks associated with the fund, including reliance on key personnel, lack of operating history, liquidity risk, and investor obligations. The memorandum also discusses the potential for distributions in kind and the consequences of investor non-compliance with drawdown notices.

key_people:
General Partner
Manager
Principals
Key Persons

key_organizations:
Southern Financial LLC
Secondary Opportunities Fund III, LP
DB Secondaries Funds
DB PE
Deutsche Bank


document_description: The document outlines the terms and conditions for investors in the Secondary Opportunities Fund III, LP, including dilution from subsequent closings, indemnification clauses, short-term investment strategies, follow-on investment opportunities, and risks upon disposition of investments. It highlights potential financial implications for investors, such as the need to return distributions under certain circumstances.

key_people:
General Partner
Second GP
Manager

key_organizations:
Secondary Opportunities Fund III, LP
Southern Financial LLC


document_description: The document outlines the financial and operational risks associated with investments in the Secondary Opportunities Fund III, LP, managed by Southern Financial LLC. It discusses the recourse to all assets of the Fund for liabilities, the discretion of the Manager in handling defaulting investors, the need for expedited investment decisions, and the risks associated with emerging markets investments. It also mentions the role of Debevoise & Plimpton LLP as special counsel.

key_locations:
United States
United Kingdom


document_description: The document outlines the investment structure, legal considerations, and risks associated with the Secondary Opportunities Fund III, LP. It discusses the role of Debevoise & Plimpton LLP as counsel, potential conflicts of interest, and the use of side letters to establish additional rights for certain investors. It also highlights general market risks and economic conditions that could impact the fund's performance.

key_people:
General Partner
Manager

key_organizations:
Secondary Opportunities Fund III, LP
Debevoise & Plimpton LLP
Deutsche Bank Group


document_description: The document discusses various financial risks associated with investments made by the Secondary Opportunities Fund III, LP. It highlights risks related to interest rates, inflation and deflation, currency fluctuations, and the status of debt markets. The document emphasizes the potential impact of these factors on the fund's returns and the availability of financing.


document_description: The document discusses the potential adverse effects of regulatory frameworks like the Dodd-Frank Act and Basel III on the Secondary Opportunities Fund III, LP. It highlights the challenges in obtaining acquisition financing and the impact of banking regulations on the Fund's investment strategy. The document also covers the implications of the Volcker Rule and other banking laws on Deutsche Bank's ability to invest in the Fund.

key_locations:
United States
Europe

key_organizations:
Secondary Opportunities Fund III, LP
Deutsche Bank


document_description: The document discusses the implications of the Volcker Rule on Deutsche Bank's investment activities, particularly in relation to the Secondary Opportunities Fund III, LP. It outlines the restrictions imposed by the Volcker Rule on banking entities, including Deutsche Bank, regarding investments in 'covered funds' and the compliance requirements under the Implementing Regulations. The document also highlights the potential impact on Deutsche Bank's ability to provide financial support to the Fund and the limitations on investment amounts due to the asset management exemption.

key_people:
Deutsche Bank
Manager
General Partner
Second GP

key_locations: US Germany

key_organizations:
Deutsche Bank
Secondary Opportunities Fund III, LP


document_description: The document discusses the potential regulatory impacts on the Secondary Opportunities Fund III, LP, particularly in relation to Deutsche Bank's involvement. It covers the implications of the Dodd-Frank Act, US and German banking laws, and anti-money laundering compliance. It also addresses the potential need for Deutsche Bank to withdraw investments and the impact of placement agent and political contribution regulations.

key_organizations:
Deutsche Bank
US federal banking
securities and commodities regulators


document_description: The document is a Confidential Private Placement Memorandum for Secondary Opportunities Fund III, LP, detailing disclosure requirements, potential compliance costs, and risks associated with investment. It highlights the need for registration and compliance with state and local regulations, which may increase operational costs and affect investor attraction. The memorandum also includes forward-looking information, emphasizing that actual results may differ from projections due to various factors.

key_people:
Manager
General Partner
Second GP


document_description: The document outlines the potential conflicts of interest and relationships between Deutsche Bank and the Secondary Opportunities Fund III, LP. It discusses how Deutsche Bank's various business lines, relationships, and activities in the private equity market may impact the Fund's investment opportunities and decisions. The document also addresses the use of information barriers to prevent misuse of information and the allocation of investment opportunities among Deutsche Bank affiliates.

key_organizations:
Deutsche Bank
Secondary Opportunities Fund III, LP
Southern Financial LLC


document_description: This document is a section of the Confidential Private Placement Memorandum for Secondary Opportunities Fund III, LP, focusing on certain legal, ERISA, and tax considerations.

title: SOF III - 1081 Southern Financial LLC


document_description: The document is a legal notice regarding the offering and sale of interests in feeder funds in various countries, including Saudi Arabia, Korea, Kuwait, and Malaysia. It outlines the restrictions and legal requirements for offering these interests in each country, emphasizing compliance with local laws and regulations.


document_description: The document outlines the terms for the transfer of interests and capital contributions within a partnership involving Southern Financial LLC. It specifies conditions under which a Limited Partner's interest may be forfeited or transferred, particularly if dealings with them are prohibited by law or pose reputational risks. It also details the process for capital contributions and drawdowns by Limited Partners.


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 a 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 financial terms related to the maintenance and adjustment of Partners' Capital Accounts in a partnership. It includes provisions for the allocation of net profits and losses, adjustments for unrealized income, and the impact of new partners or capital contributions. It also details the General Partner's discretion in determining accounting procedures and handling events of default by partners.


document_description: The document outlines the allocation of net profits, losses, and tax items among partners in a partnership prior to its dissolution. It includes provisions for the allocation of income, gain, loss, deduction, or expense for U.S. federal income tax purposes, and details the responsibilities of the General Partner in these allocations. The document also addresses the handling of capital accounts and regulatory allocations.


document_description: The document outlines the distribution policies of Southern Financial LLC, managed by a General Partner. It details the conditions under which cash and in-kind distributions are made to partners, including the retention of funds for liabilities, obligations, and future capital calls. It also covers the distribution of idle cash and net cash flow from the Master Fund, and the valuation of in-kind distributions.


document_description: This document outlines financial provisions related to capital commitments, tax withholding, and the establishment of a funding reserve for a partnership. It includes details on the responsibilities of the General Partner and Limited Partners regarding capital contributions, tax indemnification, and the valuation of partnership assets.


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 within the partnership.


document_description: This document outlines the exculpation, indemnification, and insurance provisions for Southern Financial LLC. It specifies the conditions under which indemnified persons are protected from liability to the partnership or any limited partner, provided their actions are in good faith and in accordance with legal counsel. It also clarifies the responsibilities and liabilities of the General Partner, Investment Manager, and other indemnified persons, particularly in relation to the Master Fund.


document_description: This document outlines the provisions related to decision-making authority, indemnification, and advancement of expenses for Indemnified Persons within the partnership. It specifies the discretion granted to the General Partner or Investment Manager, the conditions under which indemnification is provided, and the process for advancing expenses for legal proceedings.


document_description: This document outlines the terms and conditions under which a Limited Partner may transfer their interest in the partnership to the Offshore Feeder Fund. It specifies the conditions for recognizing such transfers and the requirements for a purchaser, assignee, or transferee to become a substituted Limited Partner. The document also addresses compliance with securities laws and ERISA regulations.


document_description: The document outlines the responsibilities and authorities of the Tax Matters Partner and the General Partner in relation to tax filings, audits, and financial audits for the partnership. It also details the appointment of auditors and the power of attorney granted to the General Partner and Investment Manager.


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


document_description: The document outlines the terms and conditions of the partnership agreement for SOF III - 1081 Southern Financial LLC. It includes provisions for disclosure of information, the entire agreement clause, and the binding effect of the agreement. It also discusses the use of Side Letters and the rights of Limited Partners in relation to these agreements.


document_description: This document is a signature page for the Amended and Restated Agreement of Limited Partnership for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It includes placeholders for execution and delivery as a deed by the General Partner and Limited Partners.


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 Subscription Booklet is for the private offering of interests in Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. for U.S. taxable investors who are accredited investors and qualified purchasers.


document_description: Checklist for completing the subscription process for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. It includes tasks such as filling in the investor's name and capital commitment, signing the subscription agreement, completing the investor questionnaire, signing a letter of authorization, and completing a Form W-9. Documents should be returned via email or fax, with originals sent by courier to Deutsche Bank Trust Company Americas.


document_description: Instructions for prospective investors on how to complete the subscription documents for the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. The document outlines steps for completing the Subscription Agreement and Investor Questionnaire, including signing requirements and acknowledgment of conflicts of interest.


document_description: This document is a subscription agreement for SOF III - 1081 Southern Financial LLC, marked as confidential pursuant to Federal Rule of Criminal Procedure 6(e).


document_description: The document is a Subscription Agreement for SOF III - 1081 Southern Financial LLC, detailing the powers granted to State Street Bank and Trust Company and Deutsche Bank Trust Company Americas as attorneys for the investor. It outlines the investor's irrevocable powers, the role of the Investment Manager, and the conditions under which the subscription may be accepted or rejected.


document_description: This document is a subscription agreement for an investment in the Onshore Feeder Fund, associated with Deutsche Bank. It outlines the indemnification clauses, ethical guidelines, and voluntary nature of investment for Deutsche Bank employees. It also includes representations, warranties, and covenants by the investor regarding the legal exemptions and suitability of the investment. Legal counsel information is provided for the Onshore and Offshore Feeder Funds.


document_description: The document outlines the terms and conditions for an investor subscribing to an interest in the Onshore Feeder Fund. It specifies the investor's status as an accredited investor, the economic risks involved, restrictions on transfer and resale of the interest, and the investor's understanding of the investment's risks and suitability.


document_description: The document is a subscription agreement for an investment in the Onshore Feeder Fund, which is linked to the Master Fund and Investment Funds. It outlines the terms of the investment, including the risks involved, the investor's understanding and acceptance of these risks, and the investor's financial capability to bear the investment's economic risk. The agreement also details the investor's rights to ask questions and receive information about the investment, and acknowledges the lack of operating history and potential tax implications. It specifies the investor's qualifications, whether an individual or an entity, to enter into the agreement.


document_description: The document outlines the terms and conditions for an investor's purchase of interests in the Onshore Feeder Fund. It specifies the investor's status as a U.S. person, restrictions on transferring interests, and the relationship between the Onshore Feeder Fund and the Master Fund. It also defines what constitutes a U.S. person for the purpose of the agreement.


document_description: This document is a subscription agreement for the Onshore Feeder Fund, outlining the terms and conditions under which an investor may acquire interests in the fund. It specifies the legal compliance required by the investor, the relationship between the Onshore Feeder Fund and the Master Fund, and the responsibilities of the investor regarding the accuracy of information provided. It also addresses the use of employee benefit plan assets for funding the investment.


document_description: The document outlines the terms and conditions for an investor's subscription to the Onshore Feeder Fund, including compliance with ERISA and other applicable laws, fiduciary responsibilities, and the handling of capital contributions and distributions through a Deutsche Bank Private Wealth Management Account. It also includes provisions for electronic receipt of Schedule K-1 and conditions related to employee benefit plans.


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.


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 details the requirements for identity verification, the potential need for disclosure to governmental authorities, and the consequences of non-compliance, including the freezing of the investor's interest.


document_description: The 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 and indemnify the Onshore Feeder Fund and associated parties against losses arising from breaches of the agreement.


document_description: This document is a Subscription Agreement for SOF III - 1081 Southern Financial LLC, outlining the payment terms, confidentiality obligations, and rights of the Investor. It includes details on payment of subscription amounts, confidentiality of non-public information, and conditions under which information may be disclosed.


document_description: The document outlines the rights of the Onshore Feeder Fund, the Investment Manager, and the Administrator to request additional documentation from investors to verify their identity and the source of their payment. This is to comply with U.S. laws and regulations. Failure to provide the requested documentation may result in delays or rejection of the subscription. The document also mentions confidentiality under Federal Rules.


document_description: The document is an acceptance of a subscription for an interest on behalf of the Onshore Feeder Fund, related to the Secondary Opportunities Fund III Private Client Feeder Fund (U.S.), L.P. The investor name and other details are not filled in.


document_description: Annex A to the Subscription Agreement for SOF III - 1081 Southern Financial LLC outlines the allocation of expenses and the payment of a Placement Fee by Limited Partners. Expenses incurred by the General Partner or Investment Manager are specially allocated to Limited Partners and may be offset against cash distributions. The Onshore Feeder Fund may use Deutsche Bank affiliates or third-party agents as Placement Agents, with a Placement Fee up to 2.5% of the Capital Commitment. Deutsche Bank employees may invest in the fund, and Placement Agents may waive fees at their discretion.


document_description: This document is an investor questionnaire for SOF III - 1081 Southern Financial LLC, 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 legal name, identification number, contact details, birth information, and an option to include an additional interested party for correspondence.


document_description: The document is an investor questionnaire for Southern Financial LLC, detailing authorized signatories and verification of the investor's status as an 'Accredited Investor' under Regulation D and a 'Qualified Purchaser' under the Investment Company Act of 1940. It includes sections for authorized signatories and criteria for accreditation and qualification.


document_description: This document is an investor questionnaire for SOF III - 1081 Southern Financial LLC. It includes sections on the investor's status as a politically exposed person, source of funds, and employment with Deutsche Bank. It also contains a disclaimer regarding compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.


document_description: This document is an investor questionnaire for entities related to SOF III - 1081 Southern Financial LLC. It includes sections for general information, additional interested parties, and authorized signatories. The document is confidential and subject to federal rules.


document_description: This document is an investor verification form for Southern Financial LLC, confirming the investor's status as an 'Accredited Investor' under Regulation D of the Securities Act. It includes sections for signatures and initials to verify the investor's qualifications based on total assets and organizational type.


document_description: The document is an investor questionnaire for 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.


document_description: This document is an investor questionnaire related to the classification of the investor as a 'Benefit Plan Investor' under ERISA and related regulations. It includes questions to determine if the investor is an employee benefit plan, an IRA, or an entity with plan assets.


document_description: This document is an investor questionnaire for SOF III - 1081 Southern Financial LLC. It includes sections for investors to declare their status under ERISA, notify the Onshore Feeder Fund of changes in plan asset percentages, and confirm compliance with applicable laws. It also requests a summary of the sources of funds used for the investment.


document_description: This document is an investor questionnaire for SOF III - 1081 Southern Financial LLC, specifically the FORM PF section. It requires investors to identify their classification, such as individual, broker-dealer, insurance company, etc. The form includes definitions for terms like 'United States person' and 'private fund'.


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


document_description: Annex A to the Investor Questionnaire outlines the criteria for determining 'investments' for Qualified Purchaser status. It specifies that 'investments' do not include non-financial assets like jewelry or art. The document details how investments can be aggregated for companies and individuals, including joint investments with spouses and investments in retirement accounts. It also provides guidelines for valuing investments, including deductions for outstanding indebtedness.