Epstein Secrets

17 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I, II 23- Browning 24lonesco 25- Zampie

129 100 92 Financial 67 50 11 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Pre Crisis Bubble Crisis (1) Source: 2017 Preqin Global Private Equity & Venture Capital Report. (2) Source: Greenhill Secondary Market Trends & Outlook, January 2018. STRICTLY CONFIDENTIAL 34 Post Crisis Public Pensions / SWF 24% 48 2

17 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I, II 23- Browning 24lonesco 25- Zampie

129 100 92 Financial 67 50 11 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Pre Crisis Bubble Crisis (1) Source: 2017 Preqin Global Private Equity & Venture Capital Report. (2) Source: Greenhill Secondary Market Trends & Outlook, January 2018. STRICTLY CONFIDENTIAL 34 Post Crisis Public Pensions / SWF 24% 48 2

17 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I, II 23- Browning 24lonesco 25- Zampie

129 100 92 Financial 67 50 11 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Pre Crisis Bubble Crisis (1) Source: 2017 Preqin Global Private Equity & Venture Capital Report. (2) Source: Greenhill Secondary Market Trends & Outlook, January 2018. STRICTLY CONFIDENTIAL 34 Post Crisis Public Pensions / SWF 24% 48 2

17 Project name 1- Monet I, II 2- Beethoven 3- Rembrandt 4- Giant 5- Hemingway 6- Modigliani I-V & RE 8- Hockney 9- Chagall 10- Hopper 11- Donatello 12- Pollock 13- Whitney 15- Constable 16- Cecconi 17- Bailey 18- Steinbeck 19- Guardi 21- Windmill I, II 23- Browning 24lonesco 25- Zampie

129 100 92 Financial 67 50 11 0 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Pre Crisis Bubble Crisis (1) Source: 2017 Preqin Global Private Equity & Venture Capital Report. (2) Source: Greenhill Secondary Market Trends & Outlook, January 2018. STRICTLY CONFIDENTIAL 34 Post Crisis Public Pensions / SWF 24% 48 2