EFTA01374182.pdf

AGP LP 519 Alpha Group Capital Paul Barrett Sincerely, Alkeon Capital Management Performance data is from another investment vehicle wtich runs pari-passu to Alkeon Growth Partners, LP (AGP) and follows substantially the same investment strategy (the 'Allmon Growth Strategy or 'AGS1 as AGP. The other investment vehicle's performance represents the longest track record available for the Alkeon Growth Strategy with an inception dale of January 5, 1998 (MSCI data is as Of January 1. 1998) and reflects the deduction of the vehicle's actual fees and expenses during the period shown, including the deduction of a 1% management fee charged lo investors prior to March 1, 2004, a 1.5% management lee charged to investors tneginnng March 1. 2004 and a 1.75% management fee charged to investors beginning July 1, 2011. AGP cornmenced operations in January 2003 and has been subject to der:rent fees and expenses than the other investment vehicle. AGS performance shown above may have been looser during cerlan periods had d charged similar fees lo AGP. AGP's net exposure estimates are obtained from the Morgan Stanley Performance Measurement (MSPM) System. FactSet provided forward-year EV/EBITDA for securities and indices. EV/EBITDA may not be available for each security, and only EV/EBITDA numbers that Alkeon Capital Management, LLC rAlkeon') believes to be reasonable, between 0 and 100, were used in calculations EV/EBITDA for the above graph is calculated at year ends (except for the current month) and may have been different during the year. EV/EBITDA for the S&P 500 in the above graph is included for reference purposes only. 3 Alceon Asia Growth, LP was launched in August of 2007. 4 Alkeon Asia Growth. LP's net exposure estimates are obtained from the MSPM System. FactSet provided forward-year EV/EBITDA for securities and indices. EV/EBITDA may not be available for each security, and only EV/EBITDA numbers that Alkeon believes to be reasonable, between 0 and 100. were used in calculations. s MS Alkeon UOTS Fund was launched on July 22. 2011. Please note MS Saloon UCITS Fund is not available to US investors. e Alkeon UCITS net exposure estimates are obtained from the MSPM System. FactSet provided fonvard-year EV/EBITDA for securities and indices. EV/EBITDA may not be available for each security, and only EV/EBITDA numbers that Alkeon believes lo be reasonable, between 0 and 100, were used in calculations. For !Luther information please contact: alkeon-infoaalkeoncanitatcorn Important Notes PL•o-ant to de CA\ -SPAM Act Ors erred may be bandeau en aeretserinent or 601Crtaan It you do rot want to raneea further ems e from Ateon Cock& Management LLC rAlkeen1 please rep to this erred and ask to be •errstred trar our mating let, Tin dormant er conk :enlist it cannot be forwarded coped a other...Ise castnlau0d 'Atha.: the cior eaten consent ye Allmon 'fhe odor-town In this message is for Homely:mat putroses cab. and is not an otter to set or a soaataten el any offer to toy mantes Any such citei al bit nude only through Me apolcatre ti ter nor materials for one old* funds Mat *neon risme". Conroe/etch sv an mestment n err fond managed by Afseon b to afteMes (the "Akan.Funds- pits:yid only be Oren Stet a casual entry d a etoesterr af,lqdrCtrrnanta tH a PonfeCant• nveekTO tr'l Ott' the OnniTermo infester , hay satareed pet the prannerdoe Forint, - EOM 04 tOgether win he or me oweatmenr representatme hone mate for and recened at nfornater vetch veulp enable The investor for ban the mentor and his or he, nvearrent tecresentatnee) to evaluate the mesas and Fsks of 4 ',mental nyesimmt ri the Atran Funds The innarmabor contained hereon a kraal and is re, Mended to provide a mthesenteeen of the metes or ricks associated .von an invesimerb In any ce ,Mmen Funds A prospedeve investor also must fever. AdreOn'S Form AD,/ for Went Labia and conics of fumes/ Ail irlomnton n the inteyeage is current as d the (Ole hereof bur .1 subject to charge retineti NOM Wang C teanee heath shell be deemed OF 0.)nalurt4 to cormium financed or min cculeascna/ ethos. Yon ninotA1 not re), On the e.lcemsear contained Wen, and snood rely solely on. and wean read, the appropriate enema and fame them-nation riertenWs 'string to any euroar: /warrant theduct bare rnikelg any nveStrient deeSren. AI [Onkel herein has been obaned from sources deemed to Ce ramble. tut ft SA/bed to unintentional errors. commons are changes mdfcel not a, and is not Atiltanted by Akan as 10 its accvacy or corncletenna The Occument may rat ee /emetics:4 in 'Artie a in net Manna! It is the resconstuuy the renbal to ndepadently oonttrin is =WEI" and canoetereos Alhean does rce Mune any duty to merle any nfamebon in Mrs docavenl to subsequent alleles Of any land An ore-ammo n the Akeon Funds "ewes Sutritantral nek; No (a/manure or rerapsentabon is macie that me investment program d me AKKOOn Funds we be successful An Frwearneat in the *Man Funds mould be =matins/ spocsissue ntsponible that an ragtag tray Imo waived° , he or ler mestimer. Past Pleceinance is to guarantee of 'owe lavas The kinoing Hlormaen has al been artreat, in a rduciary canoty. and it s rim mended to ce. and theme not be considered as, imparted :race The pederirenne ',sues tor as funds anvil aOore Me net Or fees and aaptASOS 1 NOW reSURS may not correspond 10 ere MUMS el the orner Monson Amon inforeartS F.603 ern tar strategies due to arenas in for aurae. the lining of investor cash kani, dee-eat knell. of rellinnKornant len or inelomente-band lees and each ants caner expersts estneeee Calculator) of aetka crevice Ti'. ottani." priorneat results above ewe fl oated by Ak•on and have not been connoted renanwe a axiom by an irdeperdeff aroys.rafil Actual hnirr remain ca. d gory materially 7 ne perenharce restis iereet, each tune's letynS as a wel0'e (tale Mar the returns G a eanculx invader/. end reflect ?Santa. Of that funds adeSofF tees ncenme fernfltrn and expenses An Inveser that s 0.41041 The highest eve cc (rennet-rent and ncentvo toeseenecetions atm *WM Gua no. taw rebus himaue• Almon Clara* different nvnatpernent tee rates fn deremo classes !matt s and aeons a 11,41044. arvaay and manure ite441CCAtent for tome melbas LC . A'eon nr•ntreraes and otAefOra Procarn Pa, r, Oar:1: and Mut the results steam reflect bender advisory IPOS and uneven* roosalmanorta The results also reflect trio toncestnaere et drAderds and ,nowe and a funds prof or lanai% from raw ,ssues taestots may ont he morale al en allocated such thintuthiries Fer froth delannd Imroncai pelarrHanCe intOmlitOn kY P perttulat tuna Memo ue acreon (.`12•110-.1640 01 &WA. LakCall'eOne.Plar caw) THE INFORMATION PROVIDED IS HISTOOLCAL AND SWDIOLO NOT BE TAKEN AS AN ISOCA13011 CF FUT LAE PERFORMANCE The informaton a:craned hirer has been Obtames by sources benaVed to be warn but Alison reHass M. g wants, an to nal aUaacTd corraelianmS Menet Companions to Mazes Mace, Leaves that areicugh the Akeen Funds • vetch erctscle Akan Growth. Strategy. Alkeon Goal Paha Strategy, Akan Growth Ala Strategy Azar CapiW Partners arategf aM Akeon Seed Serer Strategy • are absolute 'Sun relacles net berritmatkea to any ram. canponsons to cenain edicts art usell..!nerraluating the performance of the Moon eUeda Tne MStI Wok" Index upturns Cage and and cap repreteraten across 23 developed markets coantries Wet 11.162 comet:rare He max 07MS appamrenty 85% of me free fbat-admeed market caprbakaban teach country Tne MSC/ AC Weld 'wee captures large and and tap represent:Wan nose 23 developed ntarketS and 23 errefgng nothen aunties Wet 2,491 constituents the inder covers apparranately e5% ce the globe! Meltable nay oropetenty set The MSCI AC Asia Index captites .. fr and and cap representation oaths 3 developed markets coimbies and awning a tweets Cerat7.03 in Asa With X6constIver%. de ri de, cove's amp:ornately MTh ol the free anotoe-atited mayeatcopenation n each county The Akan Fonda' portrdesccotan equity scenes and ay constst or securer-1 sewed ay companies. n Ceram, counties 'nth varying repairmen,' and teed income and nen-equity mestrants ,nclang siert saes securita and margn Lading, and are not as tinrented as Me seateres (wan agwageted) that convese we fa6Ci Weal t nava the MSCI AC wand IM.en or the h197i AC lea ith4..in Vine Me penumareue ci the Aiken Funths nerormance nil the NtSCI Wald Index Wel AC Wald Index and MSC' AC Asa (noes do not roans the impart of teen or expenses The nem rerfanarre siren.' dotted.< reflect tic rownestrrent of andends and Cat men Any midi ampairson atonen d pet eve rrs el t• Man Funds and the MSCt Wed Men MSC! AC Wend Index and MSC! Asia Irder. shaell rot be relied upon as an accurate teediebda of Min results Octet riv incestments and Investment Envliciemenet Future wessurerth MI be mode under dilatant ace anti conicions and Ml ricame different reithe semi rittro Members of nacon's methreri tear data changed and nary thieve in fukte Asa tetra octential owesmsa*iou'tit anurne that thefl, al eraHema reams Yin PerrOmeaeOronerrab4 that ri g forth are." CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0068749 CONFIDENTIAL SDNY_GM_00214933 EFTA01374182