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From: Heather Gray Sent: Wednesday, September 17, 2014 6:13 PM To: Jeffrey Epstein ([email protected]); Ada Clapp Cc: Richard Joslin Subject: RE: LDB upcomi
urposes whether Leon or Narrows I =s the seller, but is it good/bad/irrelevant if the art investment entity s=arts out with more losses than gains? The Noguchi, Beckmann and Seve=ini are likely to be losses, as well. Please let me know what you think. Best, Heather Heather Gray Elysium Management LLC 445 Park Av
From: Richard Joslin <-> Sent: Wednesday, September 17, 2014 6:04 PM To: Heather Gray; Jeffrey Epstein ([email protected]) Cc: Ada Clapp Subject: RE: LDB upcoming art sales I believe that t=e Cornell's are in fact owned by Nar
urposes whether Leon or Narrows I =s the seller, but is it good/bad/irrelevant if the art investment entity s=arts out with more losses than gains? The Noguchi, Beckmann and Seve=ini are likely to be losses, as well. Please let me know what you think. Best, Heather Heather Gray Elysium Management LLC 445 Park Av
From: Heather Gray Sent: Wednesday, September 17, 2014 4:23 PM To: Jeffrey Epstein ([email protected]); Richard Joslin Cc: Ada Clapp Subject: LDB upcoming a
urposes whether Leon or Narrows I =s the seller, but is it good/bad/irrelevant if the art investment entity s=arts out with more losses than gains? The Noguchi, Beckmann and Seve=ini are likely to be losses, as well. Please let me know what you think. Best, EFTA_R1_01652691 EFTA02517414 Heather Heather Gray El
Entities connected to both Heather Gray and The Noguchi, Beckmann

Jeffrey Epstein
PERSONHeather deManbey
PERSONElysium Management LLC
ORGANIZATION
Marc Rich
PERSONAda Clapp
PERSON
Melanie Spinella
PERSONLeon Black
PERSON
Sotheby's
ORGANIZATION
Narrows
ORGANIZATION
Bedford
LOCATION
Prince Charles
PERSONCornelis
PERSONMoffett
PERSONCharlie —
PERSONBechmann
PERSON