cluded appendices that summarize the Electron research process and an historical sketch of the global utility sector. We are pleased to report that the Electron Global Fund launched on March 1 with $20m of internal capital and we will begin accepting subscriptions from external investors on May 1. You will begin receivi

ate: Mon, Apr 15, 2013 at 11:35 AM Subject: Electron Global Fund, L.P. To: [email protected] Dear Jeffrey, The estimated net return for the Electron Global Fund, L.P. was +1.33% through April 12, 2013. Please note that this is a preliminary estimate and is subject to change. Greg Zaffiro Managing Director

essage From: Greg Zaffiro Date: Mon, Apr 1, 2013 at 12:52 PM Subject: Electron Global Fund, LP To: Dear Jeffrey, The estimated net return for the Electron Global Fund, LP was +0.19% through March 29, 2013. Please note that this is a preliminary estimate and is subject to change. In addition, attached please find