EFTA01386148.pdf

AGP LP 519 Alpha Group Capital Paul Barrett ALKEON Capital Management, LLC AIFM Directive Disclosure Supplement Alkeon Growth PW Farmers, L.P. (the "Fund") As of July I" 2016 The iofrimation set wet litho.is bents made arailabk to imrstorspier to instilmentpumas! to reloomibilities mainly AlEll Pirraite. In addition. fly AWAI nil/ make available Wales to imrllors as to any matetialehang“ %Int 11n. it._.luiremenr Jnfonnation as of Distribution Date iNtIltit 230M: rlit' MAXIMUM iflui of leverage which the Note that the leverage limitation provisions of the AIFM AIFM is entitled to employ on behalf of the Alf-. I 'metier do not apply to the Fund because the Fund is a "non- ' Ale' and the Investment Manager is a "non-EU AIFM' for purposes of the AIFM Directive. Alkeon Capital Management, 1.I.0 (the AIFM) seeks to maintain leverage levels below Z00% gross (longs + shorts). As of June 1,2016 die Fund's leverage level was approximately 170% Article 23(5)(a): Any changes ti ilw maximum level of leverage Note that the leverage limitation provisions of die AIFM (calculated in accordance with die A1FM Directive's gross and Directne do not apply to the Fund because the Fund is a "non- commitment methods— whembv the level of leverage shall be El' Ale' and the Investment Manager is a "non-Ell AIFM" for calculated as die relevant exposure divided by the net asset value purposes of the AIFM Directive. of the All) which the AIFM may employ on behalf of du, All; as well as a description of the nanue of any rights granted by the V. of the date of this document there have been no changes to AIFM for the muse of collateral or the nature of any guarantees Ihr maximums level of leverage allowed. A description of the granted under the leveraging arrangement. rights granted by the AIFM for the reuse of collateral can he tound in the Ales PPM. Article 23(1)(m) The most recent ml asset value of the ATE or the Net Asset Value of the AIF at the beginning of the prior the latest market price of the unit or share of the All', in month was: accordance with the AlFM's valuation procedures for the AIF, at accordance with Arta le I') of the Directive. $ 280,093,041.51USD Article 23(1)(n). %tint(' is adable. the historical pert.onnance of The historical performance of the All; can be found in the Ales the All'. marketing presentation, which is available on request. Article 23(4)(x):Ile percentage or the AlE's assets which ae V. of the date of this document, the ATE provides no such subject to special arrangements (such as side pockets, gates or pedal arrangements to investors. other similar arrangements) arising from their illiquid nature — calculated at the net value of those assets subject to special arrangenum: divided by the net asset value of the AIF concenull Article 23(4)(b): Any new arrangements for managing the No changes to Alkeon Capital Management, LLC's liquidity liquidity of the AM, including nunagement, as outlined in the Ales PPM, have occurred as of the date of this document. (a) Notifying investors whenever the :VFM makes material changes to the hquiday management systems and pnwedures: (h) Immediately notifying investors where the AIFM aCtiVatit gates. side pockets or similar special anangetnenrs or whew the ATEM decides to suspend redemptions, and (c) Providing investors with all overview of any changes to arrangements concerning liquidity, whether or not these ate special arrangements. Whew relevant, the terms under which redemption is permitted and circumstances determining when management discretion applies mum he included is must any voting or other restrictions exercisable, the length of any lock-up or any provision concerning Trot in line' or 'pro rating' on gates and suspensions. SK 03974 0012 7191101 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087714 CONFIDENTIAL SDNY GM_00233898 EFTA01386148