Epstein Secrets

of Facts 2 A. Mr. Zwirn's Personal Background 2 B. DBZ Background 2 I. DBZ's Investment Strategy 3 2. Mr. Zwirn's Role at DBZ 3 3. Mr. Dubin's Involvement with DBZ 4 4. DBZ's Lock-Ups 4 C. Mr. Epstein's Relationship with Mr. Dubin 6 D. FTC's Investments in the Fund 7 E. Account

ers. In 2000, Michael Dell's investment firm hired Mr. Zwim to start and serve as the portfolio manager of its Special Opportunities Group. In 2001, Glenn Dubin, the co-founder of Highbridge Capital Management ("Highbridge"), recruited Mr. Zwim to serve as a managing director and the senior portfolio manage

the substance of all the issues was appropriate. Mr. Epstein demanded to speak to Schulte, and Mr. Zwim facilitated the call. Mr. Epstein spoke to Harry Davis of Schulte, but was not satisfied with the conversation. Mr. Epstein also had questions about the value of FTC's investments in the Fund. Mr. Epstei

nts from the Fund. 18. At the same time, Mr. Epstein continued to press for more details. Mr. Epstein contacted his long-time friend and associate Glenn Dubin, a former partner of Daniel Zwim who introduced Mr. Zwirn to Mr. Epstein, and asked Mr. Dubin to help Mr. Epstein find out the truth about what was

in contacted his long-time friend and associate Glenn Dubin, a former partner of Daniel Zwim who introduced Mr. Zwirn to Mr. Epstein, and asked Mr. Dubin to help Mr. Epstein find out the truth about what was going on at the Fund. A few days after the initial phone conversation, Mr. Zwim called Mr. Ep

ed FTC's 5 K&E I2W-6503 EFTA00585804 complete withdrawal from the Fund for a third time and asked Mr. Zwirn to have the Fund's outside counsel, Harry Davis, call Mr. Epstein. 22. That same day, Harry Davis, a partner with Schulte Roth and Zabel LLP ("Schulte Roth"), called Mr. Epstein and apologized f

1:05:06 16 Zwirn. 17 Q. You were allocating additional monies 18 for what? 19 A. My own personal investments. 20 Q. And so you asked Mr. Dubin where should 11:05:13 21 you put it? 22 A. Yes. 23 Q. You asked for his advice? 24 A. Yes. 25 Q. And he said put it with Zwirn? 11:05:

A. Yes, sir. 15 Q. Putting aside the lockup, how did it 11:11:44 16 come about that you decided to make an investment 17 in 2005? 18 A. Glenn Dubin called me and said that 19 Zwirn had been doing very well, and he recommended 20 that I up my investment. 11:12:00 21 Q. And did you have any

inly not the 7 representation that they had made to either Glenn 8 or myself." 9 A. Yes. 10 Q. Who is "they"? 11:36:33 11 A. The Zwirn, Harry Davis, Dan Zwirn -- 12 Harry Davis specifically to me, that the book -- 13 what had been represented to me initially as mere 14 bookkeeping entry irreg

l Memorandum of the Fund. On page 14,"Although HCM (Highbridge Capital Management, LLC) is a Member of the Trading Manager, neither HCM nor Messrs. Dubin or Swieca have any authority or discretion over the operations or investments of the Trading Manager, the Fund, or the Non-U.S. Fund. Mr. Ziwrn ha

utright lie about non-material accounting irregularities. Zwirn claims it was on advice of counsel. JEE speaks to Dubin, Zwirn and Zwirn's counsel (Harry Davis from Schulte Roth) about lie and JEE again demands to redeem FTC's entire investment in the Fund. At this time, it is explained that Zwirn is tryin

n Capital Partners, a company controlled by Msrs Dubin and Swieca and in which you had a small interest

sed to deviate from the script? e. You do recall that he wanted to talk to one of the Fund's attorneys and in response to that request, you asked Harry Davis of SR to call JE? (167) 15. You don't recall any call with JE between 10/10, the first scripted call and 10/30, the second scripted call? (157) 16