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The lethargic state of global credit markets (in particular, in Europe), ma' make it difficult for financial sponsors to obtain favorable PR305378-MAXWELL_ Blackstone Real Estate Partners Europe V 73 CONFIDENTIAL UBSTERRAMAR00001920 EFTA00237551 Risk Factors and Potential Conflicts of Interest f
urrent Income from an Investment to its ER305378-MAXWELL Blackstone Real Estate Partners Europe V 27 CO
lity of such projections. Absence of Regulatory Oversight. Notwithstanding that the Investment Advisor is registered as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended from time to time (the "Advisers Act") and the Partnership may be considered similar in some ways to an investment company, the
e costly and occupy significant staff time and resources. Any such inquiry, investigation or enforcement proceeding could include civil or criminal SAXWELL II-35 CONFIDENTIAL UBSTERRAMAR00001398 EFTA00237044 proceedings resulting in a censure, fine, penalty and/or other sanction, including asset f
th following the date on which notice of the Trigger Event is given (the "Transition Period"), and thereafter until the Special Withdrawal Date (as MAXWELL I-30 CONFIDENTIAL UBSTERRAMAR00001307 EFTA00236953 defined below), withdrawals may not be made, and (subject to the next sentence) withdrawal
act, and they therefore are not subject to registration thereunder. The General Partner is registered as an investment adviser with the SEC under the U.S. Investment Advisers Act of 1940, as amended. Certain affiliates of the General Partner and certain Portfolio Managers are "Relying Advisers" who rely on the General Partn
r until the Special Withdrawal Date (as ML281817-MAXWELL I-30 CONFIDENTIAL UBSTERRAMAR00002360 EFTA002
act, and they therefore are not subject to registration thereunder. The General Partner is registered as an investment adviser with the SEC under the U.S. Investment Advisers Act of 1940, as amended. Certain affiliates of the General Partner and certain Portfolio Managers are "Relying Advisers" who rely on the General Partn
Entities connected to both Ghislaine Maxwell and the U.S. Investment Advisers Act

JPMorgan Chase
ORGANIZATION
United States
LOCATION
George W. Bush
PERSON
Marc Rich
PERSON
New York
LOCATION
Samantha Power
PERSON
John F. Kennedy
PERSON
the Internal Revenue Service
ORGANIZATION
Wilbur Ross
PERSON
United Kingdom
LOCATIONthe State of New York
LOCATION
Eric Holder
PERSON
Dallas
LOCATION
New York State
LOCATION
U.S. Treasury
ORGANIZATION
White Plains
LOCATION
Marla Maples
PERSONCayman
LOCATION
North America
LOCATIONthe District of Columbia
LOCATION