Epstein Secrets

ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.

n the 1s' quarter and have since experienced additional gains compounding our year to date results. Our performance was reasonably distributed with Diamond Resorts and Graphic Packaging adding nicely to results, as well as a substantial new investment the Fund is still building a position in which we hope to d

ADW Capital Partners, L.P. 14/26/2014 1st Quarter 2014 and YTD Performance Report M2) 2014 Q1 2014 Inception To Date Gross Return -1.24% -1.24% 207.67% Dow Jo

ty to buy great assets at a super discounted price. Steve contributed the remainder of his timeshare holdings and some cash and renamed the company Diamond Resorts (DRII). It is our belief that Steve originally viewed this as a "trade." Buy it, fix it, and then sell it. But in the words of John Lennon, "life is

EFTA00620140 ADW Capital Partners, L.P. 12/8/2015 Dear Partners, It is our pleasure to report results for the fourth quarter of 2014, the le quarter since inception and our fourth

lier agreements, etc. to make that same dollar of revenue go even farther. The two investments we detailed in our second and third quarter letters, Diamond Resorts and Graphic Packaging were direct beneficiaries of this phenomenon. Both companies were "rolled up" through acquisition leveraging their own infras

ADW Capital Partners, L.P. 4th Quarter and 2014 Performance Report" 2/8/2015 Gross Return 14.44% 30.66% 288.88% Dow Jones 5.17% 10.03% 68.46% NASDAQ 5.40% 13

lier agreements, etc. to make that same dollar of revenue go even farther. The two investments we detailed in our second and third quarter letters, Diamond Resorts and Graphic Packaging were direct beneficiaries of this phenomenon. Both companies were "rolled up" through acquisition leveraging their own infras

ADW Capital Partners, L.P. 111/4/2015 3rd Quarter and 2015 YTD Performance Report ("} Gross Return 2015 Q3 2015 YTD Inception To Date Average Annual Return 0.

DENTIAL 2 EFTA00287284 ADW Capital Partners, L.P. 111/4/2015 Diamond Resorts International (NYSE:DRII) We initially profiled our investment in Diamond Resorts (DRII) in our 1Q 2014 letter. We were attracted to Diamond by the highly recurring nature of the Company's cash flows, the imminent refinancing opp

ADW Capital Partners, L.P. 1st Quarter and 2015 YTD Performance Report " 2) Gross Return Dow Jones 4/20/2015 2015 Inception Average 01 To Date Annual Return 17.

n the 1s' quarter and have since experienced additional gains compounding our year to date results. Our performance was reasonably distributed with Diamond Resorts and Graphic Packaging adding nicely to results, as well as a substantial new investment the Fund is still building a position in which we hope to d

ADW Capital Partners, L.P. 14/26/2014 1st Quarter 2014 and YTD Performance Report M2) 2014 O1 2014 Inception To Date Gross Return -1.24% -1.24% 207.67% Dow Jo

ty to buy great assets at a super discounted price. Steve contributed the remainder of his timeshare holdings and some cash and renamed the company Diamond Resorts (DRII). It is our belief that Steve originally viewed this as a "trade." Buy it, fix it, and then sell it. But in the words of John Lennon, "life is

ADW Capital Partners, L.P. 4th Quarter and 2014 Performance Report" 2/8/2015 Gross Return 14.44% 30.66% 288.88% Dow Jones 5.17% 10.03% 68.46% NASDAQ 5.40% 13

lier agreements, etc. to make that same dollar of revenue go even farther. The two investments we detailed in our second and third quarter letters, Diamond Resorts and Graphic Packaging were direct beneficiaries of this phenomenon. Both companies were "rolled up" through acquisition leveraging their own infras