EFTA01460955.pdf

From: Diego Galan Sent: 5/15/2015 4:49:06 PM To: Todd Stevens lam; Daniel Sabba I I CC: Chip Packard Subject: RE: Concentrated positions id] Attachments: Concentrated positions greater than $10m - Pershing - April 2015.xlsx Classification: Confidential Todd and Dan, Please find attached the concentrated positions on Pershing. Best, Diego From: Todd Stevens Sent: Friday, May 15, 2015 2:40 PM To: Diego Galan; Daniel Sabba Cc: Chip Packard Subject: FW: Concentrated positions [C] Classification: Confidential Diego, Can I get the Pershing list of Concentrated positions. I was only copied on the State Street positions. Daniel will be the point person on our team to key up the materials. Todd From: Chip Packard Sent: Tuesday, April 14, 2015 2:06 PM To: Jennifer Bottalico; Joshua Friedberg; Todd Stevens Cc: Andrew Gallivan; Lee Hutter; Michael S Jacoby; Mark LaRoe Subject: FW: Concentrated positions [C] Classification: Confidential Jen, Josh, Todd, Now that we have the list of concentrated positions, we need to pull together a short piece on monetization strategies. I'm sure it already exists, but would like to see the current form. Ideally, we take that piece and Todd/Josh's teams have conversations with the PB Region Heads to get their views and input, and then the bankers. Jen, realize you're in Europe now so Todd can you take point on locating the presentation materials for concentrated equity solutions (which should include sale and derivative strategies). I think there are clients we should be reaching now to have this discussion given current equity valuations. Best, Chip CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 122715 CONFIDENTIAL SDNY_GM_00268899 EFTA01460955