Epstein Secrets

From: Eileen Alexanderson To: jeffrey E. <[email protected]> Subject: RE: Bloomberg: Billionaire Leon Black's Phaidon Press in Talks to Buy Artspace Date: Thu, 14 Aug 2014 14:48:02 +0000 Always and in this case specifically we are referring to Artspace bein

il.com> Subject: RE: Bloomberg: Billionaire Leon Black's Phaidon Press in Talks to Buy Artspace Date: T

From: Eileen Alexanderson To: jeffrey E. <[email protected]> Subject: RE: Bloomberg: Billionaire Leon Black's Phaidon Press in Talks to Buy Artspace Date: Thu, 14 Aug 2014 14:48:02 +0000 Always and in this case specifically we are referring to Artspace being acquired and

ginal Owner *BC. Mt RR DRB. BEB. JNIB. ASB. VRB ••DRB. BC. JH. RR BEB. DAB. ASB. VRB. DRB ***BC. JH. DRB. UST Admin BEB. JMB. ASB. VRB 100% ♦ Leon Black JMWT LLC DE) Manager: LDB 99.9% 0.1% PHAIDON GLOBAL LLC (DE) Manager: JMWT LLC 1 99.9% 100% PHAIDON LLC (DE) Formerly: !WAIT Mgr LLC Manager

• Trust*** or ------ ---------- . - . • re Black Famly 1997 Trine. % • • • (NYr*I . • . -

haidon LLC Managing Member: Phaidon LLC Directors: LDB, BJW Directors: LDB, BJW Directors: LDB, DRB, BJW Directors: KF, PR, JBC, BJW, BEB, BC Phaidon Press Phaidon Press Inc. MRL (UK) Phaido I Press Gitlin Phaidon Press Sarl Phaidon Press Srl Phaidon Press KK (Australia) (Germany) (France)

don Press Ltd: Structure Chart Please confirm ownership of PLB LLC & JMWT LLC Members PLB LLC: Jrowr LLC: Black Family 1997 Trust PLB LLC JMWT Leon Black LDB 2011 LLC US LLC Sole member 00.979% .001% Marylebone Retail Limited (WI Phaldon Press me (US) Phaidon Press OmbH :Germania Phaldon

PLB LLC & JMWT LLC Members PLB LLC: Jrowr LLC: Black Family 1997 Trust PLB LLC JMWT Leon Black LDB

y 1997 Trust PLB LLC JMWT Leon Black LDB 2011 LLC US LLC Sole member 00.979% .001% Marylebone Retail Limited (WI Phaldon Press me (US) Phaidon Press OmbH :Germania Phaldon It Inc (US) JMWT Acquisition LLP UK O0378972 107% JMWT TopCo Limited UK 08233421 102% JMWT MidCo Limited UK 08

arry J. Cohen [mailto Sent: Saturday, November 22, 2014 1:46 PM To: Eileen Alexanderson; Richard Joslin; Ada Clapp; John Hannan; 'Richard R=ssler'; Leon Black Subject: Notes from 11/21/14 Trustees meeting Here are a few notes from yesterday's meeting: * Rich Joslin will look into what is entailed in sell

; Ada Clapp; John Hannan; 'Richard R=ssler'; Leon Black Subject: Notes from 11/21/14 Trustees meeting H

nse for Keith or=Phaidon Global's general counsel to negotiate loan terms for Phaidon (part=cularly since the borrowed funds will be used to benefit Phaidon Press and=Artspace, which are part of Keith's business plan). I assume Rich J. is =iscussing profitability projections and required loan amount with Keith

follows: PLB LLC was funded with $54mi1 from the Black Family 1997 Trust, $3mi1 from=the Black Family 19

K interest deductibility purposes and be =onverted to equity if we choose. Great care was taken to avoid creating ph=ntom income. Profit or loss at Phaidon Press level has no impact for us until we choose =o issue a dividend. The one issue I believe you will need to consider if P=aidon was to purchase are rel

follows: PLB LLC was funded with $54mil from the Black Family 1997 Trust, $3mil from the Black Family 1

interest deductibility purposes and be converted to equity if we choose. Great care was taken to avoid creating phantom income. Profit or loss at Phaidon Press level has no impact for us until we choose to issue a dividend. The one issue I believe you will need to consider if Phaidon was to purchase are rel