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At the risk of sounding like a broken record, I want to reiterate a critical point discussed in all quarterly letters. ADW Capital Partners, L.P. (the "Fund') operates a concentrated, tax- sensitive, and long-term strategy designed to minimize correlation to the broader indices with a focus on avoiding pe
. Regards, Adam D. Wyden CONFIDENTIAL 5 EFTA00605972 ADW Capital Partners, L.P. 4/26/2014 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
At the risk of sounding like a broken record, I want to reiterate a critical point discussed in all quarterly letters. ADW Capital Partners, L.P. (the "Fund') operates a concentrated, tax- sensitive, and long-term strategy designed to minimize correlation to the broader indices with a focus on avoiding pe
. Regards, Adam D. Wyden CONFIDENTIAL 5 EFTA00287296 ADW Capital Partners, L.P. 4/26/2014 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW) on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, solic
At the risk of sounding like a broken record, I want to reiterate a critical point discussed in all quarterly letters. ADW Capital Partners, L.P. (the "Fund') operates a concentrated, tax- sensitive, and long-term strategy designed to minimize correlation to the broader indices with a focus on avoiding pe
Regards, Adam D. Wyden CONFIDENTIAL 4 EFTA00287301 ADW Capital Partners, L.P. I 7/18/2014 IMPORTANT NOTES This report is being furnished by ADW Capital Management, LLC ("ADW') on a confidential basis to existing limited partners in ADW Capital Partners, L.P. (the "Fund') and does not constitute an offer, soli
Entities connected to both the "Fund' and ADW Capital Management

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ORGANIZATIONAdam D. Wyden
PERSONADW Capital Partners
ORGANIZATIONMarcum LLP
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PERSONDiamond Resorts
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PERSONStarwood Capital
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ORGANIZATIONCloobeck
ORGANIZATIONMarriot Vacations
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PERSONSteve Cloobeck
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PERSONSunterra
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PERSONSheldon
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