EFTA01204104.pdf

Valuation Report 4/30/2014 EFTA01204104 JEFFREY E. EPSTEIN AND RELATED ENTITIES SUMMARY OF ASSETS - APRIL 30, 2014 3/31/14 4/30/14 $ Asset Value Value Change Cash 129,593,274 147,591,547 17,998,273 Fixed Income 66,732,421 69,250,683 2,518,261 Equities 20,168,160 18,636,934 -1,531,226 Equity Options 1,665,000 1,515,000 -150,000 Equity ETF's 2,840,000 2,765,400 -74,600 FX - Options & Derivatives 343,606 329,942 -13,664 Currency 402,194 404,616 2,422 Hedge Funds 102,578,551 102,767,285 188,734 Investments 18,119,898 18,119,898 0 Aviation, Automobiles & Boats 15,400,000 15,400,000 0 Loans Receivable 1,447,446 1,447,446 0 Fine Arts, Antiques & Jewelry 7 500 000 7 500 000 0 Total Assets 366,790,551 385,728,751 18,938,200 Monthly Highlights STC Fees - Leon 25,000,000 Increase in investment values (includes new positions below) 939,928 Cost of New Positions - Nationwide Bond & Copper Derivative (3,770,443) Form 1040 Extenstion Payment (3,400,000) Miscellaneous 168,715 Net Monthly Highlights I 18,938,200 I EFTA01204105  'I Deutsche First BNP Paribas Wells Asset Description Bank Bank UBE I MJ Escrow Fargo Totals Cash Southern Trust Company 65.026,822 386,670 65,413,292 Southern Financial LLC 33,371,296 33,371,296 Jeepers Inc. 32,121,651 32,121,851 Haze Trust 8,506,857 8,506,857 JEE 1,696,205 387,180 1,998,070 4,081,456 Enhanced Education 2,762,771 62,311 2,825,082 JEGE LLC 262,282 262,282 JEGE Inc. 217,450 217.460 LSJE LLC 213,228 213,228 JEE - Paris (US $) 155,990 155.990 Nautilus Inc. 98.123 98,123 Hyperion Air LLC 92,443 92,443 Zorro Development Corp 87,853 87,853 FT Real Estate 62,918 62,916 Neptune LLC 28,217 28,217 NEs LLC 23.148 23,148 Plan D LLC 10,700 10,700 Butterfly Trust 8,048 8.048 Laurel Inc. 6,454 6,454 Maple Inc. 3,169 3.169 Cypress Inc. 1,686 1,686 The JEE Life Ins Trust 03 208 206 Total Cash 144,127,896 1,221,737 1,998,070 155,990 87,853 147,591,547 EFTA01204106  Purchase Quantity 3131/14 4/30/14 Unrealized Asset Description Date Cost Value Value Ga n (Lose) I ratTrrust • WedIncome Sank of America 8.125% Pfd 12/29/2049 05/10/11 3,000,000 . 3,389,621 3,519,583 3,518219 128,598 JirMorgen ChaserA PTh4/3 - 45nN9 05/10/11 3,013(1,000- 5,557,0T8 3,4B8, 3,390,000 52.042 Peabody Ennergy Corp Sr Notes 7.375% 1111/2016 05/10/11 1,200,000 1,279,909 1,380,875 1 391,004 111.095 1payment In-CI-0.25% 5/101118 10/02/12 500,000 456.606 388,111 373,490 -83,118 ICmdered Healthcare Inc 8.25%6/1/19 10/02/12 1.000,000 996.958 1,098,750 1,104,146 107,188 .IPM Ti Income Fund 01/22/13 207.773.546 2,109.631 2,107,029 2,107,634 -1,997 GS Madame Loan 2005-5FCCL B1 5.7598% 5/10/13 1,215,849.98 1,181.343 1,118,894 t116,915 44,428 Citibank Prelerr K 6.875% 2/3/14 79,000.00 1.999.419 24K10,510 2,,M,IM 120,j51 Total Haze Trust - Fbred Income 14,751,445 15,161,522 15,120,977 369,533 Southern Trust Ca • Fixed income Al Financial 8 5% PkI Ser A 6/11113 57 000 1,429,418 1,558 950 11541,280 111,863 NSBC BRL Stop-Up 4/21/14 85% BarderZ-16 coupon •28.5% (in 4/5/1 1.000.000 946,600 0 0 Nationwide Society 6.875% GBP callable 6/20/2019 4/15114 2 000,000 3,439,193 0 3,477,708 38.514 Petrokia Da Venezuela 5% 10/28/15 9/17/13 2.000.000 1.838.246 1313,222 IMO* 40.19Q. Total Southern Trust Co. - Fixed Income 7,708,857 4,281,t72 6,817,043 110.195 keprirs • Fixed Income JPM Trust FLT RT Income fund 02/13113 155.644.861 1,577,374 1,578,390 1,578,843 1,469 rota/ Jeepers - Fixed Income 1,577,374 1,578,390 1,578,843 10169 Southern Financial 1.1.0 - Fixed Income Bank of America 8.125% Pld Dec 29 2049 1/10/11 2,000,000 2,055,000 2,346,389 2,345,479 290,479 Barclays Bank PLC 7.75% 4/1O2013 4/3/13 300.000 300,000 341.74 334,292 34.292 Earthlink Inc 8.875% May 15 2019 10/22/12 400,000 411,379 414411 416,271 4,892 Earthhnk Inc 8.875%118y 15 2019 10/23/12 600.000 615.659 621,917 624,406 8.547 General Electric Cap Co 7.125% Dec 15 2049 6/27/12 2,000,000 2110 605 2 321 958 2 353 438 242 832 Headwaters Inc 7.625%4/1/2019 10/22/12 1.000,000 1AA,TOW 5,51 , 2S 1,142 157073 HSBC SX5E 8/29/2014 80% Barrier 4% Cr 17% Cep Initial 271 5/24/13 2,092,000 2,000,_000 2187,600 2,212,800 212,800 5PM Cont Buff SX7P 10/16/2014 85% dint Barrier 25% Cap M 9124/13 1,003,8'00 1,000,000 1,047,500 1,053,800 53,800 JP Morgan Chase & Co Pfd 7.9% Aril 30 2049 6/15/11 2 500 000 2 687 500 2,907,292 2825,000 137,500 JP Morgan Chase & CIINTI 7.9% April - 3F2049 6/1911 2. JO Oil 2.875,000 2,907,292 2,825,000 150,000 LBG C01)9.112129/49 5/21/13 3.247.500 3,291,167 3336,354 88,854 Lloyds Bank 9.117i% 12/16/2021 5/10/12 1 500 000 1623.061 1,827/92 1,832.635 209,575 Petroles De Venezuela 5% 10/28/2015 9/16/13 2,500,000 2,297,808 2 202,778 2 247,569 -50 238 Serviicemaster Company 8% Feb 15 2020 1/24/13 1.500,000 1,574,718 1,64-25i33 1,843,125 68,407 Servicsmaster Company 8% Feb 15 2020 2/25/13 1.000,000 1,055.378 1.095,222 1,095.417 40,038 SG Markel Plus WITCrude 8/5/2014 78.75% Barr 10% Initial lt_ 7/25/13 2,000,000 2,000,000 2,115,600 2,14,400 148,400 Southern Cal Edison 6.25% Dec 31 2049 1/30112 3,000,000 2,993,854 3,55,r5b- 3,256,354 262,500 Aly Financial Pk SerA Callable 2/3112 46600 903,218 1,274,510 1,260,064 356,847 My Finanaal PM SerA Callable 2/9/11 80,000 1.610.005.- 2,185,Tdi 2,163.200 553,200 GMAC Cap TR I GTD Pfd Sec Ser 2 8 2/22/12 80 000 1,882,774 2.184.000 2,199,200 316,426 Royal Bank Scotland Group PLC 7.25% Sort 10/24/12 4 .000 951.600 $96.800 1,015,600 64,000 Royal Bank Scotland Group PLC 7.25% Ser 7 1/7/13 40,000 995.200 996,800 1,0.15.600 20 400 Royal nk SeoUand Group PLC 7.25% Ser 7 1/14/13 40.000 977 800 906.800 1.0.3.6.,0 000 Total Southern Financial L1.6 - iced Income 36,992,250 40,250,029 40,306,146 3,308,496 Southern Financial LLC • Fixed Income (asset backed securities face van Countrywide Home Loans 2033-1d Ell 5.75%3/25/03 4/16/ 3 1,117,761 1,043,726 992,953 970,367 -73,358 Global Mortgage Secu 2005-A d 825.25%4/25/2032 10/16/13 2,852,248 2,545,545 2,731,853 2,679,314 133,768 Impac CMB Trust Set 2C05-2 a 1M1Var 4/25/35 7/10/13 1,450.082 993,407 1,031,410 1,067 076 73,670 Washington Mutual MN 2004-RA2 c.1 CBI var 7/25/2033 11/19113 824.481 633.907 718.491 % 716.316 77.409 Total Southern Financial LL • Fixed Income (asset backed securities) 5 21Arne 5,474 709 5 433 073 ₹11,489 TOTAL FIXED INCOME 66,732,421 69,250,683 Note: Accrued interest has been Included In month end Axed Income values EFTA01204107  Purchase Quantity 3131/14 4130114 Unmixed Asset Description Date Cost Value Value Gain (Loss) Southern Financial-LW - Equines Apple Inc 10128/13 2 000 1,058 120 1,073,480 1.1130,180 122 060 Apollo GloWldanagernent 3/31/11 263.57 4,99983 8,368,393 7.139.449 2,139.4a Mad Pharmaceuticals Inc 2/14/12 7,535 114,597 60,732 __54 779 -59,818 rA ad Pharmaceuticals Inc i72-4713 9,000 176,400 72,540 83,430 -110,970 Ascena Retail Group Inc. (Formerly Dress Elam 1.3.11) 1/16/01 70.500 1,500.000 1,218,240 1,212 600 -287,400 biogen Idec Inc 2/14/12 2.095 250,455 640,798 601,516 3.51„061 Facebook Inc 5/17/12 17,500 665,000 1,054,200 1.046,150 381,150 Foundation Medicine Inc 1/16/14 25.000 687,664 809,250 729,000 41,337 General Motors Co 12/9/10 97,626 3,585,947 3,3513,811 3.362,862 -223,285 General Electric Co 4123/13 23,000 496,109 595,470 618.470 122,361 Gilead Sciences Inc 215/14 5 000 3 407 )54,300 392,450 4,957 Gilead Sciences Inc 3/7/14 3100 246,797 219,666 243,319 4,478 JP Morgan Chase & Co. 7/14/05 21.753 loAStoof 1.320,625 1,217,733 -9,408,269 Sangamp Biosdences Inc 5/28/13 50,000 422,214 004,000 692,000 269 786 Santander Constants USA 1/28/14 1,000 24,000 24,080 22,740 -1,360 Trines Group Inc. 3/27/14 0 19,200 25 572 0 0 Twitter Inc 11/7/13 1500 4 Total Southern Financial LLC - Equities 25,307,895 20,168,160 18,636,934 4,651,761 Southern Financial LLC • Equity Options Call 100 American Airinais @ 20Exp 1/17/2015 12/12/13 1,000 803,315 1,700 000 1,550 000 746,686 Put 100 American Airlines 610 Exp ifir2015 12/12/13 (1.000) -197.702 40<ii0t 411031 102.202 Total Southern Financial LLC - Equity Options 605,613 1,665,000 1,515,000 909,388 _ _ Southern Financial LLC - Equity ETF s lArtsdomtree Japan Hedged Equity 12/16/13 60,000 2,966,099 2,840,000 2,765,400 _ -200,699 Total Southern Financial LLC - Equities 2,966,099 2,840,000 2,765,400 -200,699 unrealized Southern Financial LLC - FX Options iNrivatives gain i loss Long Call USD vs JPY - State 102.50 Exp 5/1/2014 1/31/14 10,000.000 190,000 121,990 31,700 -158,300 Long Call 7000 USD/MT Copper- Eurpean Exp 12/5/2014 4/3/14 50 lots 331,250 0 293,490 -37.760 Long Call USD vs JPY - SUM 101.00 Exp 11202014 11/20/13 1,000,000 44,800 40,358 32.003 -12.797 Short USD vs JPY - Barrier 99 Exp 11/202014 11/20/13 (21,000) -16,500 -11,981 -11,118 5,382 Shod USD vs JPY - Banier 98 Exp 11/20t2014 11/20113 (21,000) -15,000 -10,121 4.969 6,031 'Nod USD vs JPY - Barrier 97 Exp 11/20/2014 11/20/13 (21.000) - 6.136 0 9, 4,752 4.752 total unrealized gain (loss) -191,308 realized gain / loss Long USD vs RUB - 51mm Binary , 37.5Thp 4/14/2014 3/13/14 1.000.000 257,000 16,721 0 -257,000 Long Call WTI - Striae 101 Exp 5/19/2014 3/13/14 100.000bl:4s 0 206.673 0 312,000 Short Put WTI - Strike 93.5 Exp 5/19/2014 3/13/14 100.000 bbls 9 L1L555 0 0 0 195,118 0 312,000 total realized gain (loss) 55,000 Total Southern Financial LLC - FX Options & Derivatives 778,260 343,606 329,942 Southern Financial LLC - Currency Euros di 1.3864 1 291,847 402,194 404,616 _ Total Southern Financial LLC - Currency I 402,194 404,618 EFTA01204108  3/31/14 4/30/14 MTD YTD Asset Description Value Value Return Return Hedge Funds - Southern Financial (SFLLC) Highbridge 20,046,390 20,084,478 0.19% 1.99% Tudor Futures 13,833,444 13.679.575 -1.10% -1.20% Bear Sterns Asset Backed Sec 131.099 124.916 (book canyin value) Total Hedge Funds - SF LW 34,010,933 33,888.969 Hedge Funds - Haze Highbridge 37,127.758 37.183,450 0.19% 1.99% King Street 26 842 704 27.097,/_1Q 0.95% 3.59% Hedge Funds - Haze 63,970.462 64,281,159 Hedge Funds • Jeepers DB Zwim - Corbin - est of 5% holdback 20,000 20,000 08 Dubin less payments of 278k & 144K 4.577.15Q 4.577.156 as of 9/30/2014 Hedge Funds - Jeepers 4,597,156 4,597,156 Total Hedge Funds 102,578,551 102,767,285 Mort Southern FT Asset Description Inc. JEE Trust Real Estate Jeepers Investments Jawbone Investment (grat at cost) 10,000,000 AYH Marina (value per jee) 1,000,000 Adfin Solutions (at cost) 750,000 124 Parc Moceau - Palm Beach (at cost) 4,869,398 21 East 26th Street (920,500 cost with 1,650,000 projected profit) 920,500 Columbia Holdings (580,000 cost with 580.000 projected profit) 580,000 Totals 10,000,000 1,000,000 750,000 1,500,500 4,869,398 TotalInvestments 18,119,898 Hyperion JEGE JEGE Asset Description Air LLC LLC Inc • Various Totals Aviation, Automobiles & Boats 2001 Bell 430 N331JE 3,000,000 3,000,000 1988 Gultstream G-IV N212JE 8,000,000 8,000,000 1968 Boeing 727 N908JE 3,000,000 3.000,000 Automobiles - see attached list 700,000 700,000 Boats - see attached list 700,000 700,000 Total Aviation, Automobile & 3,000,000 8,000,000 3,000,000 1,400,000 15,400,000 Boats EFTA01204109  Asset Description JEE Totals Loans Receivable Adam By 300,000 300,000 HBRK (MC2 CD collateral) 700,000 700,000 Larry / Eileen Visoski 225,000 225,000 Johnn O'Sullivan 22,446 22,446 200,000 200,000 Total Loans Receivable 1,447,446 1,447,446 Enhanced Asset Description Education JEE JEE Various Totals Fine Arts, Antiques & Jewelry Cello 175,000 175,000 32.73 Carrot Emerald Cut Diamond - D 3,500,000 3,500,000 Watches, Earring & Other - see attached 775,000 775,000 Fine Art Schedule - see attached 3,050,000 3,050,000 Total Fine Arts, Antiques & 175,000 3,500,000 775,000 3,050,000 7,500,000 Jewelry EFTA01204110