r that we fall outside the Apollo trading policy. The solution I outlined earlier today—using a relatively simple investment advisory agreement with Elysium — is designed to deal with both concerns. Please let me know how you wish to proceed. -Ada From: Jeffrey E. [mailto:[email protected] Sent: W

family office exception is for Leon to open the trading accounts and then enter into an investment advisory agreement with Elysium. Brad as CEO of Elysium could handle investments. Do you agree with this approach? Ada Clapp Chief Legal Officer Elysium Management LLC 445 Park Avenue Suite 1401 New

ensure that Leon is not viewed as the beneficial owner of the securities being traded by Investco. They are concerned that this will be the case if Elysium could immediately remove a manager and in that way, control trading. The 65 days comes from practice in this area. Please let me know if you are co

ad would no longer be a Managing Director of Elysium but would become an officer (CEO): Approach 1: Elysium's CEO would be given authority to invest Elysium's assets. Elysium's LLC agreement would be amended to provide that LDB can't remove the CEO without 65 days-notice. LDB (sole member/managing direc

[email protected]> <mailto:[email protected]>» wro=e: new entity On Sun, Au 6, 2017 at 8:19 AM, Barry J. Cohen < <mailto >» wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone On Aug 6, 2017, at 6:35 AM, jeffrey E. <jeevacatio

Cohen < <mailto < wrote: May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected] <mail

AM, Barr J. Cohen > wrote: May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected]<mail

lto:[email protected]<mailto:jeevaca [email protected]»» wrote: new entity On Sun Au 6 2017 at 8.19 AM Bar 1. Cohen .com»» wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone EFTA_R1_01876103 EFTA02641819 On Aug 6, 2017, a

y E. <[email protected]<mailto:[email protected]» wrote: new entity On Sun, Aug 6, 2017 at 8:19 AM, Barry J. Cohen > wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone On Aug 6, 2017, at 6:35 AM, jeffrey E. <jeevacati

t: Re: [External] Re: Plane May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected]<mailt

uld take advantage of the family office exception is for Leon to open the trading accounts and then enter into an investment advisory agreement with Elysium. Brad as CEO of Elysium could handle investments. Do you agree with this approach? Ada Clapp Chief Legal Officer Elysium Management LLC 445 Par

ad would no longer be a Managing Director of Elysium but would become an officer (CEO): Approach 1: Elysium's CEO would be given authority to invest Elysium's assets. Elysium's LLC agreement would be amended to provide that LDB can't remove the CEO without 65 days-notice. LDB (sole member/managing direc

Barry J. Cohen >= > wrote: May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected]<mail

[email protected]<mailto:jeevaca [email protected]»» wrote: new entity On Sun, Aug 6, 2017 at 8:19 AM, Barry J. Cohen M>» wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone EFTA_R1_01346337 EFTA02358609 On Aug 6, 2017, a

[email protected]<mailto:[email protected] om>=> wrote: new entity On Sun, Aug 6, 2017 at 8:19 AM, Barry J. Cohen <mailto >= > wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone On Aug 6, 2017, at 6:35 AM, jeffrey E. <jeevacati

. Cohen < <mailto » wrote: May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected]<mail

AM, Barry J. Cohen > wrote: May not be possible as documents have to be signed tomorrow (our drop dead =ate). We are not going to buy the plane in Elysium. We will assign its rig=t to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected]<mail

[email protected]<mailto:jeevaca [email protected]»» wrote: new entity On Sun, Au 6, 2017 at 8:19 AM, Bar J. Cohen .com»» wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone EFTA_R1_01875847 EFTA02641721 On Aug 6, 2017, a

uld take advantage of the family office exception is for Leon to open the trading accounts and then enter into an investment advisory agreement with Elysium. Brad as CEO of Elysium could handle investments. Do you agree with this approach? Ada Clapp Chief Legal Officer Elysium Management LLC 445 Par

ad would no longer be a Managing Director of Elysium but would become an officer (CEO): Approach 1: Elysium's CEO would be given authority to invest Elysium's assets. Elysium's LLC agreement would be amended to provide that LDB can't remove the CEO without 65 days-notice. LDB (sole member/managing direc

uld take advantage of the family office exception is for Leon to open the trading accounts and then enter into an investment advisory agreement with Elysium. Brad as CEO of Elysium could handle investments. Do you agree with this approach? Ada Clapp Chief Legal Officer Elysium Management LLC 445 Par

ad would no longer be a Managing Director of Elysium but would become an officer (CEO): Approach 1: Elysium's CEO would be given authority to invest Elysium's assets. Elysium's LLC agreement would be amended to provide that LDB can't remove the CEO without 65 days-notice. LDB (sole member/managing direc

[email protected] <mailto:jeevacation@=mail.com> » wrote: new entity On Sun, Aug 6, 2017 at 8:19 AM, Barry J. Cohen <mailto » wrote: We are having Elysium buy it. As long as it is freely assignable, does it h=ve to be a new entity? Sent from my iPhone On Aug 6, 2017, at 6:35 AM, jeffrey E. <jeevacatio

. Cohen c lIM IEWM > wrote: May not be possible as documents have to be signed tomo=row (our drop dead date). We are not going to buy the plane in Elysium. We=will assign its right to buy the plane before we close. Sent from my iPhone On Aug 6, 2017, at 8:25 AM, jeffrey E. <[email protected] <mail

s you know, we have been working on Administrative =ervices Agreements as a mechanism for some of family trusts and entities t= cover their share of Elysium's costs in connection with the service= Elysium provides to them. In July, we sent you a copy of the draft ASA and a summary of the document for you

ve =ervices Agreements as a mechanism for some of family trusts and entities t= cover their share of Elysium's costs in connection with the service= Elysium provides to them. In July, we sent you a copy of the draft ASA and a summary of the document for your re=iew. We are now ready to implement the fol

ensure that Leon is not viewed as the beneficial owner of the securities being traded by Investco. They are concerned that this will be the case if Elysium could immediately remove a manager and in that way, control trading. The 65 days comes from practice in this area. Please let me know if you are co

s for our next meeting so we can keep things moving forward in light of the targeted timeframe. We are very excited by the opportunity to team with Elysium and we are confident we can provide significant value. We realize the significance of this decision and hope to demonstrate that we are best equippe

om> I am not sure I understand your question. Let me confirm with PW but my understanding is that if you are doing the trading as a paid employee of Elysium (whether you are doing it under a POA or an investment agreement) —you may be viewed as being compensated for providing investment advice. In that c

more detail and to answer questions at our meeting on Wednesday. We look forward to seeing you and we remain excited by the opportunity to team with Elysium and to provide outstanding service to the Black family. Best regards, Jeff Jeff Brodsky I Private Client Services Ernst & Young LLP 155 N. Wacke

From: Richard Kahn To: "Jeffrey E." <[email protected]> Subject: Re: Date: Tue, 17 Feb 2015 20:37:34 +0000 Ok. Shall I also got back to Elysium and meet with Eileen and Ava and or Miriam Sent from my iPhone On Feb 17, 2015, at 3:13 PM, jeffrey E. [email protected]> wrote: you should sp

ur numbers are finally thorough and accurate. We haven't discussed it much, but technology and security have been a huge focus for me since I joined Elysium. Making slow but steady progress. Sent from my iPhone On Aug 5, 2017, at 8:02 AM, jeffrey E. <[email protected]<mailto:[email protected]>

et with Leon yesterday. I think (hope) it went well and we look forward to continuing with the opportunity to demonstrate the value we can bring to Elysium, Leon and his family. Thanks again for your help with this. Best regards, Jeff Any tax advice in this e-mail should be considered in the context of