EFTA01804849.pdf

From: Sent: Friday, December 4, 2015 8:10 PM To: Jeffrey Epstein Subject: Josh Black Do you =ant Josh to join your scheduled call w/them on Monday Nov. 7th at 3pm =ST? Begin forwarded message: From: "Joshua M. Black" Subject: Re: FW: FW: Crown Global =IM Date: =/b>December 4, 2015 at =:08:03 PM EST To: =/b>"ree acalon@:malcom <eevacation@:mail.com>, Cc: Chelsie Biege Great =let me know when good next week. =hx From: jeffrey E. [mailto:[email protected] Sent: Friday, December 04, 2015 03:01 PM To: Joshua M. Black; Subject: Re: FW: FW: Crown Global CIM would you like to talk to these guys, they =re usally quite creative in the insurance space if so can =rganze On Fri, Dec 4, 2015 at 2:25 PM, Joshua M. =lack wrote: Hey there. Thanks for sending =his. Went through this — On surface of it, is very interesting model; would =e great to have a meeting.... EFTA_R1_00150651 EFTA01804849  That said, lot of questions / diligence to do, =ncluding on: o Business model o Financials / historical =erformance o Regulatory / tax / other =tructuring o Management o Risk management and reinsurance =rogram o Scalability of assets / the PPLI =arket o Control and governance o HoldCo fee allocations o AM Best rating o Historical liquidity / cash =urn o AUM withdrawals / policy =ancellations When do they want initial proposal =y? What are their valuation =xpectations? o My quick read says it =eserves: § Legacy business: $10-1Sm, with a large earn-out =omponent § Capital for new business: $5-10m (but need to =nderstand capital intensity of business =etter) Thanks. From: Melanie Spinella Sent: Tuesday, December 01, 2015 9:53 AM To: Joshua M. Black Subject: FW: FW: Crown Global CIM 2 EFTA_R1_00150652 EFTA01804850  From: jeffrey E. [mailto:[email protected] Sent: Tuesday, December 01, 2015 9:50 AM To: Melanie Spinella Subject: Fwd: FW: Crown Global CIM pass on to josh black =hanks =orwarded message From: Chris Calise Date: Tue, Dec 1, 2015 at 10:46 AM Subject: FW: Crown Global CIM To: "[email protected] <mailto:[email protected]> " <jeeyacation®gmail.com> Cc: Perry Lerner Jeffrey- Attached is a description of our =ompany prepared earlier this year, the financials need to be updated to =eflect growth since then. The important point is that a foreign corporation (which is not a controlled foreign corporation) =hich owns 25% or more of our shares will be treated as an insurance =ompany for PFIC purposes and its income is not subject to current US =ncome taxation. Please let us know when you would =ike to set up a meeting to discuss. Thanks Chris Calise President Crown Global Office:eM Mobil 3 EFTA_R1_00150653 EFTA01804851  Email: This message (and any associated files) is intended only =or the use of the individual or entity to which it is addressed and may =ontain information that is confidential, subject to copyright or constitutes a trade secret. If you are not the =ntended recipient, you are hereby notified that any dissemination, =opying or distribution of this message, or files associated with this =essage, is strictly prohibited. Any U.S Federal Tax advice contained in this communication (including any =ttachments) is not intended or written to be used, and cannot be =sed, for the purpose of (1) avoiding penalties under the Internal =evenue Code of 1986, as amended, or (2) promoting, marketing or =ecommending to another party any tax-related matter(s) addressed herein. =rospective investors should consult their own tax advisors regarding =uch issues. If you have received this message in error, please notify =s immediately by replying to the message and deleting it from your computer. Messages sent to and from us may be =onitored. Internet communications cannot be guaranteed to be =ecure or error-free as information could be intercepted, corrupted, =ost, destroyed, arrive late, or incomplete, or contain viruses. Therefore, we do not accept responsibility for any errors or omissions =hat are present in this message, or any attachment, that have arisen as = result of e-mail transmission. If verification is required, =lease request a hard-copy version. Any views or opinions presented are solely those of the author and do not =ecessarily represent those of the company. From: Monica =reene Date: Monday, November 30, 2015 at 5:02 PM To: Chris Calise Subject: Crown Global CIM CIM attached, password is Monica Rodriguez =reene Consultant Vanbridge LLC New York, NY 10036 T: I C: 4 EFTA_R1_00150654 EFTA01804852  <http://vanbridge.com/> This email and any files transmitted =ith it are confidential and intended solely for the use of the =ndividual or entity to whom they are addressed. This message contains confidential information and is intended only for the =ndividual named. If you are not the named addressee, you should not =isseminate, distribute or copy this email. Please notify the sender =mmediately by email if you have received this email by mistake and delete this email from your system. If you are not the =ntended recipient, you are notified that disclosing, copying, =istributing or taking any action in reliance on the contents of this =nformation is strictly prohibited. WARNING: Computer viruses can be transmitted via email. The recipient should check this email and =ny attachments for the presence of viruses. The company accepts no =iability for any damage caused by any virus transmitted by this email. =Ithough the company has taken reasonable precautions to ensure no viruses are present in this email, the company cannot =ccept responsibility for any loss or damage arising from the use of =his email. =lease note The information contained in this =ommunication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights =eserved This email and any files transmitted with it are confidential and =ntended solely for the person or entity to whom they are addressed and =ay contain confidential and/or privileged material. Any review, =etransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities =ther than the intended recipient is prohibited. If you have received =his email in error please contact the sender and delete the material =rom any computer. Apollo Global Management, LLC please =ote 5 EFTA_R1_00150655 EFTA01804853  The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved This email and any files transmitted with it are confidential and =ntended solely for the person or entity to whom they are addressed and =ay contain confidential and/or privileged material. Any review, =etransmission, dissemination or other use of, or taking of any action in reliance upon this information by persons or entities =ther than the intended recipient is prohibited. If you have received =his email in error please contact the sender and delete the material =rom any computer. Apollo Global Management, LLC 6 EFTA_R1_00150656 EFTA01804854