📄 Extracted Text (279 words)
Deutsche Bank
Wealth Management
• Mr. Wechsler is the Vice-Chairman of the board of the NYU Hospital and Medical Center, a
member of the Executive Committee, and chairs its Finance Committee. He also sits on the
board of Math for America and is a member of the Academy of Motion Picture Arts and
Sciences
• Mr. Wechsler's wife, Patty Newburger, sits on the Board of Directors of Tribeca Film
Institute
Key Asks & Discussion Points
• Key ask: to be one of Mr. Black's top investment providers going forward and to get a share
of his current lending wallet
o Mr. Black's wealth is currently highly concentrated between his stake in Apollo
and his art, so he maintains a credit line for liquidity and investment.
• While Mr. Black remains focused on running Apollo, Brad Wechsler is building the family
office to diversify into other investments and continue to build/maintain wealth for future
generations
• Expected investment focus will be real estate and private companies, with additional public
investments in more liquid underlyings.
WM Background
• DB client since April 2014
o Referred by Jeffrey Epstein, another top client and advisor to Mr. Black
• JP Morgan has been a primary WM provider historically. Mr. Black has relationships with
heads of all major financial institutions
• Mr. Black has a small brokerage account with DB - Current DB AUM: $
• Opportunities:
o Share of $500MM art loan currently held away
o $100MM+ in new public market investments
o Direct private market and real estate investments
o Trading/financing solutions for concentrated equity position in Apollo
Confidential
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0062206
CONFIDENTIAL SDNY_GM_00208390
EFTA01369756
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EFTA01369756
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