Epstein Secrets

anagement LLC) FROM: Charles T. Dowling Elizabeth A. Kubanik RE: Leon Black Estate Planning This memorandum summarizes our high-level thoughts on Leon Black's estate planning based upon the information and documents that have been provided to us and our discussions with you. As a general matter, we have b

questions or comments you may have on the topics discussed in this memorandum or any other aspect of Leon's estate planning. C.T.D. E.A.K. cc: Leon D. Black Alan S. Halperin (Paul, Weiss, Riflcind, Wharton & Garrison LLP) -14- EFTA00591806

harles T. Dowling Elizabeth A. Kubanik RE: Leon Black Estate Planning This memorandum summarizes our h

ics discussed in this memorandum or any other aspect of Leon's estate planning. C.T.D. E.A.K. cc: Leon D. Black Alan S. Halperin (Paul, Weiss, Riflcind, Wharton & Garrison LLP) -14- EFTA00591806

tners, LP ("BFP" or the "Partnership") as of December 4, 2013 (the "Valuation Date"). It is our understanding that this report will be used by Mr. Leon Black for estate planning purposes. This report is an Appraisal Report as defined in Standards Rule 10 of The Appraisal Foundation's Uniform Standards

limited partnership interest (the "Interest") in Black Family Partners, LP ("BFP" or the "Partnership")

7 EFTA_R1_0 1942579 EFTA02671583 EMPIRE VALUATION CONSULTANTS. tic PRIVATE & CONFIDENTIAL February 26, 2015 Alan Halperin, Esq. Paul, Weiss, Riflcind, Wharton & Garrison LLP 1285 Avenue of the Americas, Suite 3115 New York, NY 10019-6064 Dear Mr. Halperin: You have requested Empire Valuation Consultants, LLC ("Empire"

bject: Re: Term Sheet and Loan Agreement Dear all, ; Anastasiya Siro >; Brad Wechsler back with small edits, i.e. I adjusted the diluted share of Leon Black - as Anastasiya will not participate in this round of Series A preferred (Magnus just discussed with Brad), the fully diluted share should be 20% i

er. Attached is the signed signature page for the Black investing entity. Please hold it is escrow until

s from the initial drafts we received. Please let us know if you have any questions. Best regards Yvonne Yvonne Y.F.Chan I Partner Paul, Weiss, Riflcind, Wharton & Garrison LLP EFTA00715436

ned by or related to Athene. Certain commitment-based SlAs are included as the underlying assets are liquid; • "Managing Partners" refer to Messrs. Leon Black, Joshua Harris and Marc Rowan collectively and, when used in reference to holdings of interests in Apollo or Holdings, includes certain related par

uid; • "Managing Partners" refer to Messrs. Leon Black, Joshua Harris and Marc Rowan collectively and,

s of interest in connection with this offering. 5.65 EFTA00613299 LEGAL MATTERS Certain legal matters will be passed upon for us by Paul, Weiss, Riflcind, Wharton & Garrison LLP. Certain legal matters related to this offering will be passed upon for the underwriters by Simpson Thacher & Bartlett LLP, New York, New York. IN

al coupon. The trust contributes its interest in Black Family Partners, subject possibly to cleaning up

or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. Alan S. Halperin I Partner Paul, Weiss, Riflcind, Wharton & Garrison LLP From: "Jeffrey Epstein" [email protected]] Sent: 02/21/2013 08:21 AM EST To: Alan Halperin lets take the nec steps to qualify under the ny rul