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to certain of the investment activities of the Master Fund. As a result, the Master Fund and the Feeder Funds may not be able to take advantage of Deutsche Bank's platform to the same extent as if the Volcker Rule and the Implementing Regulations did not apply. In addition, the Volcker Rule would impose mater
fit of the Master Fund) and the Feeder Funds. The Master Fund (and any fund structuring vehicles and feeders) will also not be permitted to include the Deutsche Bank name (or any variation thereon), in their respective names. 63 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0108758 CONFIDENTIAL SON
eated as a bank holding company for purposes of the BHC Act. As a consequence, Deutsche Bank and each of its subsidiaries and affiliates (including the Master Fund Manager and Investment Manager) are "banking entities" for purposes of the Volcker Rule and, therefore, subject to its requirements. In addition, it is ant
secondary market. The Master Fund is managed by Deutsche Alternative Asset Management (Global) Limited (the "Master Fund Manager"), an affiliate of Deutsche Bank AG ("Deutsche Bank"). The Second Master Fund General Partner will serve as a general partner of the Master Fund but will have no authority to manage, o
eby to participate directly or indirectly in the Feeder Funds' investment in the Master Fund. Deutsche Bank Trust Company Americas, an affiliate of the Master Fund Manager will be the investment manager of the Onshore Feeder Fund (the "Investment Manager"). None of the Master Fund General Partner, the Second Master Fu
Protection Act and the Volcker Rule. Deutsche Bank is subject to a broad array of U.S. and German banking laws and regulations. As a result of both Deutsche Bank's investment in the Master Fund, if any, and the Master Fund Manager and the Investment Manager being affiliates of Deutsche Bank, the Master Fund, F
ct to a broad array of U.S. and German banking laws and regulations. As a result of both Deutsche Bank's investment in the Master Fund, if any, and the Master Fund Manager and the Investment Manager being affiliates of Deutsche Bank, the Master Fund, Feeder Funds, the Master Fund Manager and Investment Manager also ar
Entities connected to both Deutsche Bank and the Master Fund Manager