dary market transaacns are typcaly priced with reference to the net asset value of an LP interest as 04 a scecitc reporting date. the 'Record Date' Confidential Prhrate Placement Memorandum 10 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0095881 CONFIDENTIAL SDNY_GM_00242065 EFTA01391126