Epstein Secrets

roven track record of successful investing: 20+% annual returns over past 15 years Present 2005-2013 1994-2005 •rnham 1983 1979 economics BA Hobart Williams Smith College Securities (MD) • Managed USS100 mil OBA Stern in assets Business School • Published research on distressed companies

nancial Engineering a High Growth/ International a Hedges 0 10 20 30 40 so so (months) Investment Horizon • minimum • Maximum Although Deep Value, Turnaround investments will represent the main focus of the portfolio, GP does make shorter-term opportunistic investments Financial Engineering

years 15 EFTA_R1_0 1947049 EFTA02672833 Strategy a Execution Investment Buckets Hedges Ugh Growth/International Financial Engineering Deep, Deep Value "Turnaround" • Deep, Deep Value "Turnaround" • Financial Engineering a High Growth/ International a Hedges 0 10 20 30 40 so so (months)

1994-2005 •Galloway V 1983 Burnham 'VT tu nagement (Co-s Securities (MD) •Managed US$100 i assets OM tern usiness School conomics BA Hobart Williams Smith College m n •Published research on distressed companies •Led several corporate finance transactions • Launched STEP •Manag

al Financial Engineering Deep, Deep Value "Turnaround* 0 10 20 30 40 Investment Horizon • Minimum • Maximum SO 60 (months) • Although Deep Value, Turnaround investments will represent the main focus of the portfolio, GP does make shorter-term opportunistic investments • Financial Engineer

. The typical investment holding period is between 2-4 years 15 EFTA00505794 Strategy & Execution Investment Buckets 10% 8% 2% MIS a Deep, Deep Value "Turnaround" • Financial Engineering - High Growth/ International • Hedges Hedges High Growth/International Financial Engineering Deep, Deep

loway Ca it RT OBurnhain- .........----1 nagement Securities (MD) (CE (CEO) • ag Man ed US$25 'MBA Stern Business 1979 School conomics BA Hobart Williams Smith College •Managed US$100 mil in assets •Published research on distressed companies •Led several corporate finance transactio

. Financial Engineering Deep, Deep Value "Turnaround" Investment Horizon ■ Minimum ■ Maximum 0 10 20 30 40 50 60 (months) • Although Deep Value, Turnaround investments will represent the main focus of the portfolio, GP does make shorter-term opportunistic investments • Financial Engineer

ation. The typical investment holding period is between 2-4 years 18 EFTA00505824 Strategy & Execution Investment Buckets 10% 8% 2% a Deep, Deep Value 'Turnaround" a Financial Engineering High Growth/ International ■ Hedges *II Hedges : High Growth/International . Financial Engineering Dee