Managing Partners and certain Contributing Partners against all amounts that they pay pursuant to any personal guarantees they have made in favor of Fund IV, Fund V and Fund VI for all interests that our Managing Partners and Contributing Partners have contributed or sold to the Apollo Operating Group.

k with the intention to close by year end. The GP is on board with this. This bidder is an investor in the Molpus Fund I and recently subscribed for Fund IV as well. Will be back with additional update when I have one. Eileen Alexanderson Elysium Management 445 Park Avenue Suite 1401 New York NY 1002

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. 7 Otion—US4-Hen03.$9.4 Dckt: US1-10770389v1$ EFTA00808231 "Heritage Points" means the nominal number of "points"

s in AOG units should be 35%. Under the current ownership structure, BFP owns 21% of the profits interests in AOG, 33.9% of the profits interests in Fund IV and 26.2% of the profits interests in Fund V.3 Accordingly, BFP's profits interests in AOG, including the two Heritage Funds, should not exceed the

ld like to proceed to try to sell the Molpus Woodlands Fund II interest owned in Black Family Partners. There are a couple of groups who invested in Fund IV and indicated a potential interest in filling in with other Molpus fund vintages. Eaton currently characterizes the secondary market as a bit overca

k with the intention to close by year end. The GP is on board with this. This bidder is an investor in the Molpus Fund I and recently subscribed for Fund IV as well. Will be back with additional update when I have one. Eileen Alexanderson Elysium Management 445 Park Avenue Suite 1401 New York NY 100

trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Funds" means each of Fund IV and Fund V. "Heritage Points" means the nominal number of "points" with respect to each Heritage Fund contributed by each Partner as set forth on S

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. lieritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage Fund contributed by each Princip

hare of a trust's assets if it were then to terminate. No Principal shall ever be a member of the Group of another Principal. "Heritage Fund" means Fund IV and/or Fund V, as applicable. "Heritage Points" means the nominal number of "points" with respect to each Heritage Fund contributed by each Princip

lects loan payment as well as typical expense run rate I believe. Regarding timber: today was original deadline for bids but Molpus closing o= their Fund IV was delayed until last week and they had their Investor Day=for existing investors on the 14th and 15th. so mgmt was not as available =s needed to

and dividend income distributions from portfolio investments held by certain of our private equity and capital markets funds. primarily by Fund VII, Fund IV and Fund VI of $221.5 million. $204.7 million and $67.6 million respectively, during the year ended December 31. 2011 as compared to the same period

of the Partnership. After the Effective Date, Fund IV will only be permitted to make investments with respect to which (i) the limited partners of Fund IV have received a drawdown notice or other written notice of reservation prior to such date, or (ii) Fund IV has an existing investment. The General

y are required to pay in connection with a general partner obligation for the return of previously made carried interest distributions in respect of Fund IV, Fund V and Fund VI. See "Certain Relationships and Related Party Transactions—Managing Partner Shareholders Agreement—Indemnity" in the Company's