EFTA01374072.pdf

AGP LP 519 Alpha Group Capital Paul Barrett Alpha Generation January-1998 to September 2017 Superior stock selection drives excess return generation ("Alpha") Annualized Alpha Generation Since Inception Sortino Ratio• Since Inception Alpha vs. MSCI AC AGS I .27 World MSCI AC Wald 0.34 Alpha vs. MSCI World 11.72% MSCI World 0.35 0% 5% 10% 15% 20% 0 0.5 1.5 Source: Index performance information is from Bloomberg. For complete ciscloirner. please see lost pages of presentation. Index returns have been included to show the general trend in certain markets for the period noted. The inclusion of any index does not imply that the AGS is comparable to any index in composition or element of risk. The MSCI World and MSCI AC World tracks the performance of the equity securities of a representative sample of over 4.000 companies from developed and emerging markets worldwide. Post performance is not incicative of luture returns. • The Sortino Ratio is calculated using a minimum acceptable rote of return of 0%. Private & Page 12 ALKEON CAPITAL MANAGEMENT Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0068595 CONFIDENTIAL SDNY_GM_00214779 EFTA01374072