Epstein Secrets

led by Algorithmic Pattern Recognition, European Power Trading, and Equity Statistical Arbitrage. Optio

t included in the HFRI Fund Weighted Composite Index. It is important to note that investing in hedge funds involves risks. Please request and read the Private Placement Memorandum for a complete description of the risks of hedge fund investing. Hedge fund investing may involve, in addition to others, the following risks: the

009) (quoting Hydro Investors, Inc. v. Trafalgar Power, Inc., 227 F.3d 8, 20 (2d Cir. 2000)). As set for

tion, marketing, or management of the Funds. -6- EFTA00314495 B. Epstein Invests in the High Grade Fund. In late 2003, Epstein was provided with the Private Placement Memorandum ("PPM") for the High Grade Fund (Exhibit A) by someone within BSAM's Hedge Fund Services. According to the PPM, the High Grade Fund intended to inv

high-frequency Japanese Statistical Arbitrage), Power Trading both in the US and in Europe, and Soft C

t included in the HFRI Fund Weighted Composite Index. It is important to note that investing in hedge funds involves risks. Please request and read the Private Placement Memorandum for a complete description of the risks of hedge fund investing. Hedge fund investing may involve, in addition to others, the following risks: the

on under the Securities Act. EFTA01395653 (o) Power and Authority; No Conflicts. If the Investor is a

ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being

on under the Securities Act. EFTA01396681 (o) Power and Authority; No Conflicts. If the Investor is a

ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being

on under the Securities Act. EFTA01397354 (o) Power and Authority; No Conflicts. If the Investor is a

ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being