Epstein Secrets

ociates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel fan cel Begin forwarded message: From: =/b>"Morgan Stanley" < Subject: =/b>Apollo Global =anagement LLC: Management Meeting Takeaways Date: =/b>September 27, 2018 at 12:16:02 =M EDT To: qb>< > Reply-To: =/b><mswmir-cie-feedback@morgans

t The =opyright in materials provided by Morgan Stanley is owned by Morgan =tanley & Co. LLC. Morgan Stanley Wealth Management is the trade =ame of Morgan Stanley Smith Barney LLC, a registered broker-dealer in =he United States. @ =018 Morgan Stanley Smith Barney LLC. Member SIPC. <http://www.morganstanley.com/img/cs/spacer.

rd Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>"Morgan Stanley" Subject: =/b>Apollo Global =anagement LLC: Softer 2Q Results But Strong Forward Look; Reiterate =verweight Date: =/b>August 2, 2018 at 12:32:56 PM =DT To: =/b>. > Reply-To:

t The =opyright in materials provided by Morgan Stanley is owned by Morgan =tanley & Co. LIC. Morgan Stanley Wealth Management is the trade =ame of Morgan Stanley Smith Barney LLC, a registered broker•dealer in =he United States. @ 2018 Morgan Stanley Smith Barney LLC. Member =IPC. <http://www.morganstanley.com/img/cs/spacer.

k, NY 10022 tel 212-971-1306 fax 212-320-0381 cell Begin forwarded message: From: =/b>"Morgan Stanley" <[email protected]> Subject: =/b>Apollo Global =anagement LLC: Three Reasons to Own Apollo Date: =/b>May 21, 2018 at 1:53:15 AM =DT To: = Reply-To: =/b><[email protected]>

t The =opyright in materials provided by Morgan Stanley is owned by Morgan =tanley & Co. LLC. Morgan Stanley Wealth Management is the trade =ame of Morgan Stanley Smith Barney LLC, a registered broker-dealer in =he United States. @ 2018 Morgan Stanley Smith Barney LLC. Member =lPC. <http://www.morganstanley.com/img/cs/spacer.

. 575 =exington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>"Morgan Stanley" <[email protected]> Subject: =/b>Apollo Global =anagement LLC: Fund VIII Performance Drives the EPS Beat Date: =/b>November 1, 2017 at 9:46:48 AM =DT To: =/b> Reply-To: =/b><mswmir-cie-feedback

The =opyright in materials provided by Morgan Stanley is owned by Morgan =tanley & Co. LLC. Morgan Stanley Wealth Management is the trade =ame of Morgan Stanley Smith Barney LLC, a registered broker-dealer in =he United States. @ 2017 Morgan Stanley Smith Barney LLC. Member =IPC. <http://www.morganstanley.com/img/cs/spacer.

7, Morgan Stanley beneficially owned 1% or more of a class of common eauity securities of the following companies covered in Morgan Stanley Research: Apollo Global Management LLC, Ares Management, L.P, BlackRock Inc., Franklin Resources Inc., Goldman Sachs Group Inc, Invesco, KKR & CO. L.P., Oaktree Capital Group

s NORTH AMERICA INSIGHT ~~ relevant MSCI country index or MSCI sub-regional index or MSCI AC Asia Pacific ex Japan Index. Important Disclosures for Morgan Stanley Smith Barney LLC Customers Important disclosures regarding the relationship between the companies that are the subject of Morgan Stanley Research and Morgan Stanley