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sd-10-EFTA01451577Dept. of Justice

EFTA Document EFTA01451577

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SOF III - 1081 Southern Financial LLC Section 5: Secondary Opportunities Fund Ill Secondary Opportunities Fund III. LP Exhibit 9: Evolution of secondary deal type 201042012 80 70 €0 50 40 30 20 • Large `plain vanilla transactrons of ., r to buyoutandventure assets 0 -At oryal Q. A1/2 r vat:. c P.., f Ova( .ha vs. Example portfolio today - - - - 201342015 Smaller, mare complex transactions acrOSS ad sub/sock:a/ IllEsiyout • Vonture &Growth " Real EMata •Infra

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Dept. of Justice
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sd-10-EFTA01451577
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