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Jean-Paul Chapel Editor France 2 France Nigel Chapman Chief Executive Officer Plan International Uni
ed Kingdom First International Resources LLC Al Futtaim Trading Group Nalco Company ARTOC Group for Investment and Development Real World The Blackstone Group Bain & Company Inc. LVMH Moet Hennessy - Louis Vuitton United Way Worldwide MacArthur Foundation Time Magazine Lanco Infratech Ltd Tuna Solar
Jean-Paul Chapel Editor France 2 France Nigel Chapman Chief Executive Officer Plan International Uni
TOC Group for Egypt Investment and Development Peter B. Gabriel Founder Real Wodd United Kingdom Jitesh Gadhia Senior Managing Director The Blackstone Group United Kingdom Orit Gadiesh Chairman Bain & Company Inc. USA Chantal Gaemperle Group Executive Vice-President, Human Resources and Synergies
Jean-Paul Chapel Editor France 2 France Nigel Chapman Chief Executive Officer Plan International Uni
TOC Group for Egypt Investment and Development Peter B. Gabriel Founder Real Wodd United Kingdom Jitesh Gadhia Senior Managing Director The Blackstone Group United Kingdom Orit Gadiesh Chairman Bain & Company Inc. USA Chantal Gaemperle Group Executive Vice-President, Human Resources and Synergies
asekaran Chang Dae-Whan Jean-Paul Chapel Nigel Chapman Bernard Charles Amarit Charoenphan Suresh Chat
onal Resources LLC Japan Japan Japan USA Al Futtaim Trading Group United Arab Emirates ARTOC Group for Investment Egypt and Development The Blackstone Group United Kingdom Bain & Company Inc. USA LVMH Mottt Hennessy - Louis France Vuitton United Way Worldwide The Wall Street Journal The Financial
Price Objective Change
nt to increase exposure to GWB resonates from the bank’s ag exposure. While lower grain prices may constrain cash flow on those loans near- term, Mr. Chapman noted that this is offset by stronger yields. Management also highlighted the relatively low losses observed historically in this portfolio given the
Page: HOUSE_OVERSIGHT_014334 →rice objective is better than expected ramp up in MCA business, and sooner than expected hike in rates, faster than expected recovery in oil prices. The Blackstone Group (BX) Our price objective (PO) for Blackstone is $29, which results in a target price-to-ENI (P/ENI or P/E} multiple of 12x our 2017 ENI estimate. Our pr
Page: HOUSE_OVERSIGHT_014387 →Entities connected to both Georgina Chapman and Blackstone Group

Jeffrey Epstein
PERSON
Prince Andrew
PERSON
Donald Trump
PERSON
Julie K. Brown
PERSON
Ghislaine Maxwell
PERSON
George W. Bush
PERSON
Stephen Hawking
PERSON
Virginia Giuffre
PERSON
Bill Clinton
PERSONLeon Black
PERSONChristopher Steele
PERSON
Barry Diller
PERSON
Samantha Power
PERSON
Alan Dershowitz
PERSON
Woody Allen
PERSON
United States
LOCATIONMaria Farmer
PERSON
Department of Justice
ORGANIZATION
John F. Kennedy
PERSON
Bradley Edwards
PERSON