SOF III - 1081 Southern Financial LLC Section 7: Simmer), of Terms and Conditions Secondary Opportunities Fund III. LP Successor Funds Without the consent of 66%% in interest of the Limited Partners, none of the General Partner, the Second GP, the Manager or any entity that is under the control of DB PE will close another multiple third party investor fund having a substantially similar investment objective and strategy as the Fund until the earlier of. (i) the date when 75% of aggregate Commitments have been invested, committed or reserved for investment or allocated or reserved to meet the obligations of the Fund; (ii) the end of the Investment Period; or (iii) the termination of the Fund. Notwithstanding the foregoing, the Manager or any other entity that is under the control or management of DB PE may, at any time, close other multiple third party investor funds with investment objectives and strategies that overlap with the Fund but are dedicated to pursuing investment opportunities relating to specific asset categories or strategies, including, without limitation, Real Estate Secondary Opportunities Fund, LP (including its feeder funds, "RE SOF") (each, a 'Complementary Fund"). Allocation of Subject to the *Successor Funds' restrictions described above, DB PE may sponsor or advise Investment various investment vehicles, including Complementary Funds and separate accounts Opportunities (together with the Fund, the "Investment Platforms"), some of which may have overlapping investment strategies and investment committee members with those of the Fund (see Section 9: Conflicts of Interest of this Memorandum). DB PE will allocate investment opportunities among the Investment Platforms on an equitable basis in its good faith discretion and in accordance with its internal investment allocation guidelines. These are based on the applicable investment guidelines of such Investment Platforms, portfolio diversification requirements, regulat