EFTA Document EFTA01460569

3 AWM Clients STRICTLY PRIVATE & CONFIDENTIAL, FOR INTERNAL DISTRIBUTION ONLY AWM Client Referred Deals `Client-to-Client' Transactions Background • Typically sourced from AWM clients looking to sell their companies, assets or other one-off M&A opportunities. Key Issues • No deal sponsor, no party conducting due diligence, no PE co-investor or other professional "skin in the game". • No AWM expertise or resources to due diligence these opportunities (exception: mainstream real estate an