The document outlines the financial and legal considerations for investors in the Secondary Opportunities Fund III, LP, managed by Southern Financial LLC. It discusses the recourse to all assets of the fund to satisfy liabilities, the discretion of the manager in handling defaulting investors, the need for expedited investment decisions, and the risks associated with investing in emerging markets. It also mentions the role of Debevoise & Plimpton LLP as special counsel to the manager.
documents/EFTA01451994.pdf
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