Epstein Secrets

ysium Management 12/31/2015 Paul Morris Ergen, Charles 100 3000000 Ergen, Charles Paul Morris Ergen

bons, John 9/30/2015 Product Name Actual Assets Stru 25 Brokerage (Commissio 25 U.S. Structured Lend 30000000 BPS 100 300000 Paul Morris DF Enterprises 12/31/2015 50 U.S. Secured Lending 2000000 Paul Morris Elysium Management 12/31/2015 100 2500000 Jj Litchford Elysium Management 12/31/2015

- 1 M 66666666 DINAN, JAMIE RELATIONSHIP ERGEN, CHARLES RELATIONSHIP - 1 M 66666666 FELDSTEIN, ANDREW R

Name Close cture BPS/Flat Actual Revenue Sales Fee Est 2016 Rev KCP Black, Leon 0 Morris 1 Banking Black, Leon 00 Morris 1 Margin Loan DF Enterprises 12/31/2015 75 Lombard 250000000 BPS 65 1625 000 Morris 1 IF(G4="BPS",I4*(K4/12),I4)=135416.66666666666 IF(G4="BPS",I4,0)=1625000 KKR EverW

Introduction ELYSIUM MANAGEMENT RELATIONSHIP th Premium Money Market 0 Deposits ERGEN, CHARLES th Premium Checking w/Interest Brokerage ERGEN, CHARLES ommissions) 50000000 Credit Line ERGEN, CHARLES red Lending (Secured) 300000000 BPS 100 3000000 Paul Morris Lending FALLLINE RELATIONSHIP

DF Enterprises 3/31/2016 0 U.S. Secured Lending (Lombard) 250000000 BPS 65 1625000 Stewart Oldfield Land Loan DORRANCE FAMILY RELATIONSHIP DF Enterprises 12/31/2016 0 U.S. Structu red Lending (Secured) 100000000 BPS 600 6000000 Stewart Oldfield Introduction DUNCAN INVESTMENTS RELATIONSHIP Dunc

r 10 years Team's history Carlo Pirzio-Biroli. Charles Smith. Chi Cheung, Deirdre Davies & Francesco

GLDUS129 DF Enterprises Glendower Capital Overview Established investment team active in the secondary market since 2003' Glendower Capital at a glance Independent part

n Re-pined team in 2017 Glendower Capital Charles Smith 0 Managing Partner, CIO - London Deutsch

GLDUS129 DF Enterprises Glendower Capital Team Core members of senior team have worked together for 15 years Carlo Pirzlo-Blroll 00 Managing Partner, CEO - London Deut

ient should note that 0) Carlo Pirzio-Efircri and Charles Smith have been permanent voting rnembers of the

GLDUS129 DF Enterprises Notes to Investment Performance Important Information on the Track Record. The Glendower SOF Team spun-oft from Deutsche Beni and its affiliates (