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1 Deutsche Bank Global Transaction Banking Alternative fund services Institutional Cash & Securities Services Institutional Cash Investor Services Issuer Services

2 Founded in 1870, Deutsche Bank is one of the leading global finance service providers, creating lasting value for its clients, shareholders and the communities in which it operates Growth of assets under administration Private equity and real estate Fund of hedge funds Hedge funds Financial strength As of September 2014* Market capitalisation: EUR 34.5 billion Tier One Capital Ratio: 15.5% Strong Financial Ratings: Moody s Investors Services: A3 Standard & Poor s: A Fitch Ratings: A+ Global footprint and our follow-the sun client model Luxembourg UK Business development Ireland Operations hub Germany Jersey United States Business development India Analytics / Client Operations hub Hong Kong Business development Singapore Cayman Islands Mauritius Operations hub * Source: Deutsche Bank website

3 Private equity and real estate Services Accounting and valuation Transfer agency Custody and middle office Reporting and regulatory solutions Fund and partnership accounting Management / financial GAAP and IFRS financial statements Multiple layer accounting investor, holding vehicle and portfolio company Special purpose vehicle accounting Waterfall calculations and carry administration Audit coordination Hybrid loan fund Static data integration Trade capture integration (initial activity, buy/sell, rollover/ drawdown) Integrated fund administration platform Commitment, capital call, and distribution processing Assists clients in complying with AML/KYC checks Automated partner and class Automated subsequent closes Investor communication Customised investor Document safekeeping Qualified custodian of fund holdings / market values Private equity and fund of funds middle office integration Reporting Online client access to all fund information on a single, app-based portal (Autobahn) Online investor access to key investor and fund information Compliance monitoring/ Ease of customised which is highly configurable Multi layer transparency Investor to asset level Performance (Internal rate of return (IRR), Distributed over paid in (DPI), Total value to paid in (TVPI), Paid in committed capital (PICC) Key performance indicators (KPIs)) Flexibility on delivery (FTP, sftp, , web portal) FATCA Form PF AIFMD Annex IV CPO-PQR Fund of hedge funds Services Accounting and valuation Transfer agency Custody and middle office Reporting and regulatory solutions Fund and partnership accounting Management / financial Trade capture / processing Three way automated trade, cash and position reconciliation Weekly or monthly NAV calculations Audit coordination Subscription and redemption processing Assists clients in complying with AML/KYC checks Automated share class Automated performance fee / equalisation Investor communication Customised investor Fund of fund custody Online trade execution through Autobahn Nominee services Trade execution Trade settlement Trade rebalancing Corporate actions Liquidity, stale pricing, price variance Cash flow monitoring Asset verification Oversight Reporting Online client access to all fund information on a single, app-based portal (Autobahn) Online investor access to key investor and fund information Compliance monitoring / Ease of customised which is highly configurable Flexibility on delivery (FTP, sftp, , web portal) Performance (IRR, PICC, TVPI and DPI KPIs) FATCA Form PF CPO-PQR AIFMD Annex IV Technology People Technology platforms Follow-the sun client model Client access Autobahn App Market G/L accounting Advent Geneva Investor servicing HWM ManTra Investor portal ManTra Web Consensus / HWM ManTra Depositary services FoHF custody HWM ManTra centres Located East and West coasts of the United States, Ireland, the United Kingdom, Luxembourg and Singapore Client on boarding liaison NAV and Deutsche Bank s review Relationship management Local time zone coverage Client scorecards & KPIs Operations Center (Admin) United States and Ireland Recon resolution Portfolio pricing P/L review NAV calculation Partnership accounting Investor Operations centre (administration) United States and Ireland Trade execution and settlement Corporate actions

4 Technology People Technology platforms Follow-the sun client model Client access Autobahn App Market G/L accounting/ Investor register Sungard Investran Investor portal Sungard DX Consensus Depositary services Document safekeeping centres Located East and West coasts of the United States, Cayman Islands, Ireland, the United Kingdom, Germany, Luxembourg and Singapore Client on boarding liaison Net asset value (NAV) and Deutsche Bank s review Relationship management Local time zone coverage Client scorecards & KPIs Operations centre (administration) Based in Ireland and Mauritius NAV calculation Accounts payable Fund accounting Waterfall calculation Partner Investor AML/ Systems set-up Waterfall calculations Corporate actions Hedge funds Services Accounting and valuation Transfer agency Custody and middle office Reporting and regulatory solutions Fund and partnership accounting Management / financial Daily trade capture / processing Daily three way automated trade, cash and position reconciliation Daily, weekly or monthly NAV calculations Independent multi-asset class valuation Audit coordination Hybrid loan fund STP static data set up STP trade capture (initial activity/buy/sells) Automated (rollover/drawdowns) Integrated fund administration platform Subscription and redemption processing Assists clients in complying with AML/KYC checks Automated share class Automated performance and fee equalization Investor communication Customised investor Daily P&L Collateral management OTC collateral term tracking Daily pricing, portfolio reconciliation and Margin call and dispute management Hedge fund middle office Trade match /confirmation Trade netting/ aggregation Settlement reconciliation Real time P&L Middle office loan fund Model based requirements Collateral quality /coverage tests Collateral eligibility requirements Cash flow monitoring Asset verification Oversight Reporting Online client access to all fund information on a single, appbased portal (Autobahn) Online investor access to key investor and fund information Compliance monitoring / Ease of customised which is highly configurable Flexibility on delivery (FTP, sftp, , web portal) Performance (IRR, PICC, TVPI and DPI KPIs) FATCA Form PF CPO-PQR AIFMD Annex IV Technology People Technology platforms Follow-the sun client model Client access Autobahn App Market G/L accounting Advent Geneva Investor HWM ManTra Investor portal ManTra Web Collateral management Advent Syncova Consensus / HWM ManTra Depositary services Loan administration CDO Suite Integrated middleware Import Manager Security Master Price Master Proactive Recon Data Warehouse Investment restriction Compliance Master Operational workflow Operations Manager centres Located East and West coasts of the United States, Cayman Islands, Ireland, the United Kingdom, Germany, Luxembourg and Singapore Client on boarding liaison NAV and Deutsche Bank s review Local time zone coverage Client scorecards & KPIs Operations centre (administration) United States and Ireland Recon resolution Portfolio pricing P/L review NAV calculation Partnership accounting Investor Data processing centre Located in India Trade capture Pricing / corporate actions Reconciliation cash/position/ MTM Data analytics Report writing / development

5 Global Transaction Banking Provides commercial banking products and services to corporate clients and financial institutions, including domestic and cross-border payments, professional risk mitigation for international trade as well as trust, agency, depositary, custody and related services. Comprised of Cash Management, Trade Finance and Institutional Cash & Securities Services units World s largest Euro clearing bank Over EUR 1 trillion of payments processed daily Over EUR 1.3 trillion assets under custody Institutional Cash & Securities Services Provides trustee, agency, depositary, custody and related administration services on a range of securities and financial structures in more than 30 countries worldwide. Businesses include Institutional Cash, Investor Services and Issuer Services. Coverage in over 30 countries More than 6,000 clients 1,100 global professionals EUR 7 trillion in securities administered Alternative Fund Services Part of Investor Services, the Alternatve Fund Services team delivers a full range of fund administration, depositary services, investor and banking services to alternative investment and hybrid funds. Top ranked technology infrastructure and global operating model Added value services Flexible model allowing for scalable but highly customised solutions Fund administration Partnership accounting Transfer agency (closed and open ended funds) Waterfall administration Cash management Custody services Fund of fund custody Document custody FX solutions Credit products FATCA services Separately managed account administration Managed account platform administration Connecting to Deutsche Bank services Prime brokerage Banking FX hedging Escrow services Credit Loan servicing Derivatives clearing Listed derivatives Synthetic equity Equity prime brokerage Securities lending Risk and FRM Treasury and collateral Cash management FX services including cross-border payments Expense administration /payment Automated share class and portfolio hedging Transparent pricing using thirdparty observable fixings Pre-agreed spreads that stay fixed regardless of market conditions and liquidity Online Elimination of execution risk for the client Mergers and acquisitions Leverage buyouts Capital raising Project finance Real estate Collateral Litigation Leverage loan and short term capital finance Subscription and working capital lines of credit for private equity funds and funds of hedge funds Structured credit Originated loans

6 For more information, please contact Simon Behan Head of Alternative Fund Services Sales Investor Services Institutional Cash & Securities Services Americas EMEA Asia Jason Sheller Robert Coates Mark Law Georges Archibald David Dwyer John Little William Montgomery Andrew Stephen Tony Hallside tony.hallside@db.com Jay Moghe jay.moghe@db.com For more information: Visit db.com/gtb, gtb.marketing@db.com or follow us on This brochure is for information purposes only and is designed to serve as a general overview regarding the services of Deutsche Bank AG, any of its branches and affiliates. The general description in this brochure relates to services offered by the Global Transaction Banking of Deutsche Bank AG, any of its branches and affiliates to customers as of June 2015, which may be subject to change in the future. This brochure and the general description of the services are in their nature only illustrative, do neither explicitly nor implicitly make an offer and therefore do not contain or cannot result in any contractual or non-contractual obligation or liability of Deutsche Bank AG, any of its branches or affiliates. Copyright June 2015 Deutsche Bank AG. All rights reserved.

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