Epstein Secrets

Wall Street veterans, including Mr. Staley, who is now chief executive of the British bank Barclays. Mr. Epstein provided personal tax services to Leon D. Black, whose Apollo Global Management is one of the world's largest private-equity firms. He discussed a major investment idea with and entrusted millions

ey, he laid some of the early groundwork for JPMorgan to make a major acquisition — one that would vault Mr. Staley's career to a higher plane. Mr. Black, Mr. Dubin and Mr. Staley were not Mr. Epstein's biggest business relationships: That distinction belongs to Leslie H. Wexner, the billionaire found

dge of the relationship. One introduction proved especially valuable: Mr. Epstein connected Mr. Staley with Mr. Dubin, who at the time was running Highbridge, one of the country's largest hedge funds, according to people familiar with the relationship. Mr. Epstein knew Mr. Dubin because he had once dated

e fund Highbridge Capital Management. has described Mr. Eµstein as a friend and has provided him with financial advice. Michael Atle/Bloomberg The Highbridge deal helped elevate JPMorgan's asset-management division — which at the time was under Mr. Staley's leadership — into a major player in the fast-gro

Eva Andersson, before she married Mr. Dubin. A few years later, in 2004, Mr. Staley orchestrated a deal in which JPMorgan bought a majority stake in Highbridge. Mr. Dubin, and the Highbridge co-founder Henry Swieca, became JPMorgan employees. It is not clear whether or how Mr. Epstein was compensated for h

P, 624 A.2d 1199, 1208 n.16 (Del. 1993) (quoting Black's Law Dictionary 337 (5th ed. 1983)). FTC cannot

dge to the attention of Jes Staley, then the CEO of J.P. Morgan Asset Management, and helped 6 EFTA00613913 facilitate J.P. Morgan's purchase of Highbridge. The deal made Mr. Dubin a billionaire. Mr. Dubin paid Mr. Epstein a $20 million finder's fee for facilitating the transaction. D. FTC's Investmen

tart and serve as the portfolio manager of its Special Opportunities Group. In 2001, Glenn Dubin, the co-founder of Highbridge Capital Management ("Highbridge"), recruited Mr. Zwim to serve as a managing director and the senior portfolio manager of the Special Opportunities Group at Highbridge. B. DBZ B

r. Dubin's wife, and the godfather to their children. He speaks to them and sees them regularly. Mr. Epstein invested approximately $300 million in Highbridge and made other investments based on Mr. Dubin's recommendations. In 2004, Mr. Epstein brought Highbridge to the attention of Jes Staley, then the C

Mr. Epstein started providing Mr. Black with tax and estate-planning advice around 1997 and began serving as a director of Mr. Black's family foundation. Over time, Mr. Epstein earned mill

red Mr. Dubin's fund to manage assets tied to offshore reinsurance products that helped private-banking clients minimize taxes, said people close to Highbridge. Mr. Staley was impressed with the performance and started funneling private-banking clients' money directly into Highbridge's growing hedge fund.

ce and started funneling private-banking clients' money directly into Highbridge's growing hedge fund. A $10 million investment Mr. Epstein made in Highbridge in 1999 turned into roughly $29 million, the people said. He also pitched tax strategies to managers of the firm, said someone familiar with those

about that, 23 whatever that is, even -- I don't even know what the 24 truth is of that story, from the press. 25 TODD BLANCHE: How about Leon Black? Page 64 1 GHISLAINE MAXWELL: Oh, I did meet Leon. 2 I do know Leon. 3 TODD BLANCHE: When do you remember -- and 4 again, I k

I -- in fact, I'm -- I'm sure 17 that's not through me. 18 TODD BLANCHE: Do you know what kind of 19 work Mr. Epstein was doing for Mr. Black over the 20 years? 21 GHISLAINE MAXWELL: Same as what he did 22 for Wexner. 23 TODD BLANCHE: So we just talked about two 24 i

2 85:13 99:5 116:18,19 119:1 137:18 144:8,9 210:9 hi 137:8 148:17 hidden 170:18 hide 188:16 hideous 17:5 high 18:9 25:22 75:5 129:23 130:20,22 190:16 Highbridge 71:8,9 highlighted 87:14 highlights 12:7,8 Hill 31:15 himself 24:1 56:6,25 106:16 134:12 168:21 177:20 178:13 195:4 hire 78:3 hired 54:23 55:4 Hispan

ll Riley Investigations Sent to Mike Tein and Roy Black MERRIE SPAETH COMMUNICATIONS, INC. MERRIE SPAET

ortunities Fund II( ASSIGNED FROM FTC) 2. DB Zwim Special Opportunities Funds Investor Communication 3. Bear Steams Bank Account EFTA00300521 4. Highbridge DB Zwim Miscellaneous a. DRAFT of Settlement Agreement b. Fund Organization 2002 and 2005 c. Zwim Article November 2008 Zwirn Miscellaneous -Hig

Del. Ch. 1988) 49 Sun-Times Media Grp., Inc. v. Black, 954 A.2d 380 (Del. Ch. 2008) 31, 33 United Re

also apparently introduced Mr. Dubin to JPMorgan Chase in connection with the transaction in which JPMorgan Chase acquired Mr. Dubin's hedge fund, Highbridge, making Mr. Dubin a 9 Although Mr. Epstein testified twice at his deposition that Mr. Beller had the conversation about lock-ups with Mr. Zwirn in

which withdrawals would be subject to penalties. Black- stone, the anchor investor in the new class, is

last year took office space at the GM Building, occupy- ing more than a quarter of a floor in Manhattan's most desirable skyscraper. Word is that a Highbridge deputy, Greg Elsner, is leading the effort as head of strategy. Eisner joined Highbridge in 2005 and most recently held the title of managing direc

mment. Mr. Epstein continued to mine his relationships after his 2008 guilty plea to prostitution charges in Florida. A few years ago, Apollo's Mr. Black asked Marc Rowan, a senior managing director and co- founder of Apollo, to attend a meeting at Mr. Epstein's house with a woman representing a wealth

t this, Mr. Swieca said he and Mr agreed to the transaction's terms, including fees. On deal documents, Mr. Epstein was listed as an adviser on the Highbridge side, along with Goldman Sachs Group Inc., said people familiar with the documents. Unlike Goldman's role, Mr. Epstein's wasn't publicly disclosed.

so the unusual number of them. Epstein hired Roy Black, Ken Starr, Jay Lefkowitz, Guy Lewis, Michael Ti

minal enterprise). 165. As another example of JP Morgan and Staley's benefit from assisting Epstein, a highly profitable deal for JP Morgan was the Highbridge acquisition. 166. In 2004, when Epstein's sex trafficking and abuse operation was running at full speed, Epstein served up another big financial pa