Epstein Secrets

kinds of investments the fund made; 3 correct? 4 A. Correct. 5 Q. Prior to October 2006 -- 11:48:45 6 A. Yes. 7 Q. -- you had met Mr. Zwirn once; correct? 8 A. Yes. 9 Q. And you had never spoken to him on the 10 phone; correct? 11:48:56 11 A. To the best -- 12 Q. That you re

03:38 6 Q. And he told you it was managed by Dan 7 Zwirn? 8 A. I doubt it. 9 Q. What did he tell you about Dan Zwirn? 10 A. He said the Zwirn fund was a fund that 11:03:44 11 I should put some money in. 12 Q. Did he tell you why? 13 A. They were going to be doing PIPE 14 investme

this on the advice of -- 19 A. When you say "outside counsel," my 20 outside counsel? 02:18:14 21 Q. Yes, your outside counsel? 22 A. Not Davis Polk or anybody else who was 23 I think somebody else. The answer is no. 24 Q. Let's start with your outside counsel. 25 A. I don't think so. 02:

said, Based on advice of counsel. 11:51:35 16 I said -- which gave me more pause 17 because I said, Whose counsel? He said, Harry 18 Davis of Davis Polk. I said, Are they the fund's 19 counsel, the CFO's counsel, or your personal 20 counsel, now that I had my antenna up that there 11:51:53 21 w

equirements applicable to its operations and (iii) retain brokers and borrow money on behalf of the Fund. • August 1, 2003 Agreement - relating to Zwirn's transition out of direct employment by Highbridge to serving as investment advisor of all of the Funds and a Highbridge managed account. See Harr

ment is dated as of January 1, 2004, but makes some reference to Highbridge sale, so we believe and Davis Polk confirms it was signed later (though Davis Polk could or would not say when). Advisory Agreement contains provisions similar to those provided in August 1, 2003 1 EFTA00722296 employment/trans

on the incentive fee portion of the fee). Agreement is dated as of January 1, 2004, but makes some reference to Highbridge sale, so we believe and Davis Polk confirms it was signed later (though Davis Polk could or would not say when). Advisory Agreement contains provisions similar to those provided in A

portfolio and therefore should not be responsible, but Kirkland tells me that [there are still questions as to the extent of your interests in the Zwirn entities][Mike shed little light as to the details of that position]. Glenn, you know I only have affection for you and your family. I have felt a

n that Zwirn had previously refused to give you an accounting even though you are a partner. Is this still true? At the January 22, 2009 meeting at Davis Polk, Kirkland tells me that they were provided only sketchy information as to a breakdown of the direct or indirect interests in the Funds' general par

sted $60 MM with Highbridge, who employed Dan Zwirn as a manager. I also invested an additional $20 MM at the beginning of 2005. • In March 2004, Zwirn spun off into D.B. Zwirn and Co. • In September 2004, Highbridge sold most of its interests to J.P. Morgan. Though its is Kirklands' understanding

tion that Zwirn had previously refused to give you an accounting, though you are a partner. Is this still true. At the January 22, 2009 meeting at Davis Polk, we were provided only sketchy information as to a breakdown of the direct or indirect interests in the Funds' general partner and manager after Ma

sted $60 MM with Highbridge, who employed Dan Zwirn as a manager. I also invested an additional $20 MM at the beginning of 2005. • In March 2004, Zwirn spun off into D.B. Zwirn and Co. • In September 2004, Highbridge sold most of its interests to J.P. Morgan. Though its is Kirklands' understanding

tion that Zwirn had previously refused to give you an accounting, though you are a partner. Is this still true. At the January 22, 2009 meeting at Davis Polk, we were provided only sketchy information as to a breakdown of the direct or indirect interests in the Funds' general partner and manager after Ma