EFTA01201722.pdf

DRAFT APO Z I HUS I • BLACK ASSET SUMMARY LEON & DEBRA we 2014 LLC • BLACK FAMILY BLACK FM1LV SEPTEMBER 30.2014 NOTE TOTAL BLACK' 2011 TRUSTS GST TRUST" APOI TRUST GRATS PARTNERS ASSETS CASH U.S. TRUST 813.843.323 35.936.607 5.875.476 I 7.289.407 8.014.471 11,787.414 18.169.948 JP AIORGAN 27.972.101 17.901.573 134.224 8.169.910 1,768394 114.615.424 53.408.180 5.875.476 7.423.631 16.184.381 11,787.414 19.938.342 BLACK FAMILY PARTNERS. LP 226.889.052 i 203.263.677 I 355.850.794 i 2.049.508.063 i • ACG RELATER ITFLIS; BRH HO-DINGS. LP (45.9%) - 523.84; 92.727.168 SH 2.210.615 637 • • 2.210.615 637 CONTINGENT RECEIVABLE FROM AFFIUATE 322022.716 • 322.022.716 FINANCIAL INVESTMENTS MARKETABLE SECURMES 13.278.901 8.419.163' 116.843' 3.048.780 1,692.175 APOLLO RELATED NVESTMENTS 125.812 188 20 510 553 35259 265 70,042.348 OTHER PRIVATE EOUITYr DEBT & RESTRICTED 51 184.381 6 229 202 87 392 942 1320&427 78.560 730 INVESTMENT PARTNERSHIPS E 111.189.618 80.871 12.423.184 483.944 98.221.719 414.639.9213 34.219.589 79.932.989 51.980.398 248.508.972 INTRA FAMILY! TRUST RECEIVABLES GRAT ANNUITIES RECEIVABLE NOTE 1 1.470.041.860 1 070 041 860 • I• • LOB 1,71A011,P7 - 11388 834 486 - 31,602.801 BLACK FAMILY PARTNERS LP 1150 kg 841 168 309.761 CHILDREN'S TRUSTS . • , i ' . APOI AGREEMENT 134 788 716 • i 134.788.716 ; - - APO2 DECLARATION 78,953.512 . ; 78.953.512 3.403.372.300 1.470.883.028 134.788.716 1,765,787.998 309.761 31,602.801 FINE ART AND TANGIBLE MVESTMENTS , ART BRONZES . CHINESE 331,971,031 I 331,971,031 1 • : . I . I • I ART BRONZES • SOUTHEAST ASIA 21195.606 I M.:356.1565 % • •% • :: - :• ' - : • ART FINE NOTE .Sg.145.1tit : •I.W.:355.§1% : J54.462.411:, e•44.861.166 :• ART RARE BOOKS & MANUSCRIPTS ttCditiS:65:5"!" "U:4•6•1:6561- JEWELRY 47.626.533 47.626.533; • 2.735.078.979 2.125.787.400 354402.413 254.887.166 PLANES. BOATS & AUTOS AVIONETA HOLDINGS LLC (PLANE ) NOTE 3 21476.000 21.475.000 BJAV MAFINE LTD. (STARFIRE) NOTE 3 26.000.000 26.000.000 AUTOMOBILES NOTE 3 373.536 373.536 REAL ESTATE . RESIDENCE 7/30 PARK AVE. NYC 29.000.000 29.000.000 RESIDENCE 750 PARK AVE. NYC 1.000.000 1.000.000 RESIDENCE TOWNHOUSE 50,794,413 16,720733 34 073 CAD RESIDENCE 190200 NARROWS. BEDFORD 30.000.000 30.000.000 • RESIDENCE 7301766 MEADOW LANE, SH 50.000 000 54000,000 000 RESIDENCE 715 MEADOW LANE. SII 8.300.000 8.1:0.030 RESIDENCE PARADISE VALLEY. AZ 2.000.000 2.000.000 RESIDENCE FL CONDO 16.500.000 16.600.030 RESIDENCE 101 WARREN STREET. NYC 3.500.500 • I 3.500.500 191.094.913 129.720.733 28.300.500 34,073,680 TANGIBLE PERSONAL PROPERTY HOUSEHOLD PROPERTY NOTE 23.124,426 23.124.425 OTHER PERSONAL ITEMS 536.000 OTHER PRIVATE INVESTMENTS & INSURANCE DRB PRODUCTIONS. INC. NOTE 5 5621236 .....................5B21236 LIFE INSURANCE - CSV NOTE 6 19A38,4112 19438.482 OTHER ASSETS HERITAGE RECEIVABLE 21127.619 ' - I - Lerma TOTAL ASSETS 4.131.418.061 I 343.927 869 I 825.910.3071 2.122913.621 1 2.061.805238 1 2.835.511.987 LIABILITIES THIRD PARTY UABILEFIES LOAN PAYABLE-SOFA (ART) NOTE 7 (470.000.000)1 (470.000.000): LOAN PAYABLE-SOFA (AVIONETA) NOTE 7 (21A75.000) (21.475.0001. LOAN PAYABLE-SOFA (BJAV) NOTE 7 (17.517.50,1 117.517.5001E ACCOUNTS PAYABLE (5285.102) (3.906.5SM; (102.796); (1255.717), BALANCE PAYABLE FL CONDO (8.250,000)i E E 18.250.0001E E (522.507,602) (512.899.089) (8,352,796) (1255,717) INTRA FAMILY! TRUST PAYABLES LOB GRAT ANNUITIES (1.470.041.880) • (1470.0416601 APO I AGREEMENT (1,898218.584) (1,68&834.486) (9.384.078)1 BLACK FAMILY PARTNERS LP NOTE 8 (32753.730) (31 602 801) (14.329)1 I1 136 600). LBF HOLDINGS (7&953.512) I78 953 512) CHILDREN'S TRUSTS (125404,83, (125.404.1M, VALUATION DISCOUNT GRAT GIFT*" (707.127.044) (3,403,372,300) (1.718.437.287) (9.398407) (60.090.11, (125.404.1108) (2.177.188.904) TOTAL LIABILMES (3,925.879,906) (2231.336.376) (9.398407)f (88.442.908); 028.660.355h (2.177.168304)1 NET WORTH : 5,559,895.191 : 1,900,081.685E 334.529462E 737.487.399E 1,998253,286E (115.563.666): 2.835.511.987 COMMITMENTS • CHARITABLE -CASH NOTE 9 69.939.428 • ;Witt!: assms ana Labia*, et AF Mani II4Av )Jane. Nana.: 'lacings LLC. MIT N2 COMMITMENTS • CHARITABLE - ART NOTE 10 35289,293 - Reeve Melslind leblbes of OFM MC. SN //es.0y. RC COMMITMENTS • PRIVATE EOUITY FUNDS NOTE II 118.072,565 — AOC, Waned on non-deCOonted ban toee3.2os. CRAFT EFTA01201722 BLACK ASSET SUMMARY SEPTEMBER 30. 2014 NOTES TO BLACK ASSET SUMMARY NOTE 1: GRAT ANNUITIES RECEIVABLE APO Imbed ti t" Nei Annuity Gress Delayed APO e 9 3014 -523.84 9404014 Receivable Receivable Revenue APO1 GRAT No. 1 cias2rdie $34.14 29.2163% 619.526.737 636.832.845 17.306.108 APO1 GRAT It. 2 (12/4413) $29.72 26.1084% 514.085.286 526.077.609 11.992.323 APO1 GRAT Ns. 3 (314/13) $32.78 02897% 99.680.386 102.238.705 2.558319 APO1 GRAT No. 4 (814/13) $25.17 4.5197% 87.749.451 90.001.558 2.252.107 AP01 GRAT No. 4 (14113) $23.39 8.1480% 149,000.000 152.824.115 3.820.115 1.470,041.e40 1.507.974,832 37,932972 MILL FINE ART Included In total are several Ilene 01rare hooks and bronzes NOTE at PLANES, BOATS 8 AUTOS Model Purchase Purchase IP30.2014 Year Dale Price Mkt. Value GulISIMarn V 2002 2011 26.100.000 21.475.000 Value Debl 178 Ft. Benelli 1997 2011 Bank Appraisal 21.150.000 26.000.000 36 Fl. Hinckley Penic Boat 1995 2011 Model TYPO Year Purchase Price MIcl. Value (a) Insurance Chevreel SiNerada LS 1500 pickup Pick UpTruck 2011 2010 32.005 11304 14,053 Chevreel SiNerada 2500 Pickup Pick Up Truce' 2012 2012 44.502 16.591 45270 Mercedes Benz S 600 Lumry Sedan 2004 2000 122.900 8.841 13237 Mercedes Benz 560 a 2dr Lunn Spans Car 1989 1989 64.230 4250 (b) 15,950 Chevroel Tahoe acif LT Sports Ulilily Vehde 2012 2012 50.327 31.108 55,677 Mercedes 5600 Sedan 2013 2011 180.288 109.607 180,000 Mercedes 8350 Spans Ulilily Vehicle 2012 2011 58.114 32,934 63,000 Honda Pilot Spans Uglily Vehicle 2009 2009 32.117 15,638 19,905 Bentley CoMmental GT Weir), Sedan 2007 2007 228.450 93286 (bl 108,575 Subaru Forester Spans Ulilily Vehde 2015 2014 27.385 27.385 Honda Pilot Spans Uglily Vehde 2013 2011 33.272 22714 33.472 MI in narre of Leon Black Of BV70 LLC TOTAL:rSS36 $564.086 Updaled per KBB (October 2014) unless olherrase noted Assumptions: 10.000 miles pa year (b) No data in Katy Blue Bock: used Iasi 'epa ted value Traded MO to dealer NOTE 0: TANGIBLE PERSONAL PROPERTY HOUSEHOLD PROPERTY Values per Sotheby's Appraisal less 40% discount Includes household properly tar 780 Park Ave. and Bedlad residences NOTE 5: DRB PRODUCTIONS, INC. Represents cash held by ORB ProdJclions. Inc. NOTE 6: LIFE INSURANCE - CSV Second.leDe death benelil $100.010.000 NOTE 7: BANK LOANS: BOFA TERMS Narrows • Ad: 1M LIBOR • 125 bps. due May31.2015 Avioneta • Plane: leA LIBOR • 172 bps. due Seplernter 5.2018 13,MV Marine Ltd • Beal: Daily LIBOR •185 bps. due December 1.2018 NOTES: LEON BLACK - NET PAYABLE TO BLACK FAIRLY PARTNERS LP Due Imam Black Fanny Pennon LP 10.400.000 Due lo Black Family Partners LP 142.000.0001 131.600.8001 NOTE 9: COMMITMENTS - CHARITABLE - CASH Leon Black Museum ol Modern Arl 25.000.000 Mult'Year Daranauth VUurJ Ms Center 18.929.428 Multi.Year Rockefeller Uninersily NEW Pod main 10.000.000 Multi.Year Melanoma Research Alliance 9.500.000 Multi.Year AIPAC 750.000 Mul5'Year AEIF 750.000 Mult'Year Dann-cur& Elie M Black Prola-torship in Jerash Stud= 310.000 Annual.recurrire (Avg. arraJrAl Dartmouth Presclenrs House Renovation 200.000 Multi.Year World Jevich Congress 200.000 Mul5'Year North Shore LIJ 125.000 2014 Final Yea Darareuth College Fund 100.000 Annual.recurrire Prassle Cancer Foundation 75.000 2014 Final Yea Sublotal 65.939.428 Leon Black Family Foundation, Inc. Birthrighl Israel Foundation 1.500.000 Multi.Year Clinton Foundation NEW Posl 9,30,14 1.000.000 Multi.Year Harem Village Academes 1.000.000 Multi.Year Tony Blair Foundation 500.000 Multi.Year Sublotal 4.000.000 Total 69 939 028 10/29/2014 EFTA01201723  IHU2,I • BLACK FAMILY GROUP TOTAL Lem & Ota LOB 2014 LLC ♦ BLACK FAMILY Black Family Black' 2011 TRUSTS GST TRUST" APO 1 TRUST GRATS %dams SEPTEMBER 30, 2014 FINANCIAL INVESTMENTS MARKETABLE SECURMES VECTOR GROUP LTD 4.508.457 3.643.632 962.825 - clown Price UNITED RENTALS NC 2.163.450 2.163.450 - clown Price K12 INC 1.692.175 - 1.692.175 clown Price KROGER CO 1.179.568 1.179.568 - clown Price REPUBLIC SERVICES INC. 884.115 884.115 - ClivanPece WYNOHAM WORLDWIDE CORP 798.348 796.348 - clown PiKe REGIS CORPORATION 508.762 506.762 - Clivan Price UNITED TECHNOLOGES CORP 422.400 422.400 - clown Price AVIS BUDGET GROUP NC 2138.961 268.981 - clown Price BP PLC SPONSERED ADR 223281 223.881 - clown Price LADENBURG THALMANN Fitt SVCS 168.022 104.847 81.175 - clown Price SYLIANTEC CORPORATOR 70.765 70.765 • Cyan Price INTERNATIONAL BUSNESS 60.748 60.746 • Clown Price PHH CORP 54382 54.782 • Clown Price MAX CORP 33.751 33.751 • Clolang Price WALT DISNEY CO 32051 32.051 - Clolang Prim HERSHEY COMPANY 30.538 aassa • C10224 Price DOOR MOBIL CORP 302913 30.096 • clown Price ALCATEL-LUCENT 29.427 29.427 • Clown Price COCA COLA COMPANY 20.477 20.477 • Clown Price BOENG CO 20.381 • clown Price PHLIP MORRIS NTERNATIONAL 20.018 20.016 • Clown Price MICROSEall CORP 16.644 - • clown Price ALTRIA GROUP INC. 11.028 11.026 • clown Price TWENTY FIRST CENTURY FOX CL B 10.659 10.659 • clown Price TWENTY FIRST CENTURY FOX CL A 6.858 • clown Prim MONDELF-Z NTERNATIONAL INC 5419 5.819 • clown Price SCLEIENIX INC 4.766 - 4.788 • clown Prove KRAFT FOODS GROUP INC 2046 - 3.046 • clown Prove MAGNETEK INC. 2.441 2.441 • C10226 Pow NEW CORPORATION CL B 1.290 • ClowisPece NEW COFIPORATION CL A 818 818 • clown PIKO AFP LIAGNG CORP 597 597 • clown Price CELL THERAPEUTICS NC 7 7 • clown Price TOTAL MARKETABLE SECURITIES 13278.941 8.419.163 116.843 3.048.760 1.692.175 APOLLO RELATED NVESTIAENTS APOLLO VIF CO-NVESTORS LLC 6.134.148 8.134.348 8/31/14 Capital Accaint cash APOLLO SOMA COINVESTOftS LLC 3.148095 3 148 095 8/31/14 Capital Accaint V. cash SUBTOTAL HEDGE FUNDS 11282.443 11282.443 AP ALTERNATIVE ASSETS LP (WAS) - $31.14 21379.572 20,498.130 883.442 Clown Price APOLLO NVESTMENT CORP (ANV) S8.17 10248.329 I i 5 914 655 4 931 673 C104,20 Price SUBTOTAL PUBLIC. 32225,900 I 20.496.130 5.914.655 5215.115 10292614 EFTA01201724  z nub t • BLACK FAULT GROUP TOTAL Lew & Debt LOB 2014 LLC BLACK FAMILY Black Family Black' 2011 TRUSTS GST TRUST" APO I TRUST BRATS Partners SEPTEMBER 30,2014 FINANCIAL INVESTMENTS APOLLO CO-INVESTORS VI(A) LW 28215.592 • 28215.592 6/30/14 Capital Account 4/. cash FCI CO-INVESTORS I (A) LP 18266.406 18.266.408 6/30/14 Capital Acccunt 4/. cash APOLLO CREDIT OPP. I LP 11.077.976 11.077.976 6/30/14 Capital Account 4/. cash ATHENE HOLDING LAIITED 10.400.000 • 10400.000 mud funding FCI CORNESTORS II (A) LP 8,016.559 8.018.559 6/30/14 Capital Acceont 4/. cash APOLLO CO-INVESTORS VI(EH-A) LLC 4.785.899 4.765.899 2013 K.1(lag) 4/. cash APOLLO CO-INVESTORS V. LLC 3.060.806 31360206 6/30/14 Capital Acceont 4/- cash APOLLO CO-INVESTORS IV. LLC 464.12 484.127 6/30/14 Capital Acceont 4/. cash APOLLO INVESTMENT FUND LP 949 9.670 - Nnanoal Statements 12/31/13 APOLLO ADVISORS LP 4.75 4.751 - _2013 K.1(1a6.4. cash AF II LP 1 - Zero net assetsper 2013 F/S APOLLO CAPITAL MANAGEMENT INC. 1 - No capital sactIch on K-1 APOLLO DIVESTMENT FUND VI LP 2013 K-1(Ts6 .4. cash APOLLO OVERSEAS VI LP 2013161(Taal .4. cash APOLLO OVERSEAS VI GERMANY LP 2013161(Taal .4. cash APOLLO OVERSEAS VI DELAWARE LP 20131(.1(Tax) cash APOLLO OVERSEAS VI DEL 692 LP 2013161(Tal0../. cash AF VI(LS AN) LP 20131610* cash AF VI EURO HOLDINGS UF 2013161(Taal cash SUBTOTAL OTHER NVES11ENTME FUNDS 62.303923 14.423 29.344.610 52.944.790 TOTAL APOLLO RELATED DIVESTMENTS 125,812.167 I 20.510.553 35.259.265 70.042.148 OTHER PRIVATE EOUITYMIEBT & RESTRICTED STOCK PRIVATE EQUITY • NON APOLLO SUSTAINABLE WOODLANDS FUND II LP 18.971279 18371279 6/30/14 Capital Account 4/. cash HAO CAPITAL FUND LP 3.327.994 3227.994 6/30/14 Capital Amami cash WCLFENSOHN CAPITAL PARTNERS IS 2205.586 2205.586 6/30/14 Capital Amami cash DUNE REAL ESTATE FUND LP 1.906.829 1,906.929 6/30/14 Capital Amami 4/. cast. OUADRANGLE (OFFSHORE) CAPITAL PARTNERS I LP 1.681.214 1.681.214 6/30/14 Capital Amami 4/. cash SEARCHLIGHT CAPITAL LP 798.595 798.595 6/30/14 Capital Amami 4/. cash TENFORE HOLDINGS FUND I LP 705.841 705.841 6/30/14 Capital Amami 4/. cash OUADRANGLE (NV) CAPITAL PARTNERS II LP 382.399 382.399 6/30/14 Capital Amami 4/- cash OUADRANGLE CAPITAL PARTNERS DIP 276.065 276.065 • 6/30/14 Capital Amami 4/. cash OUADRANGLE CAPITAL PARTNERS LP 271.406 271.406 • 6/30/14 Capital Account cash SEARCHLIGHT CAPITAL AN I LP 229.747 229.747 • 6/30/14 Capital Acceont cash OUADRANGLE (ACCESS) CAPITAL PARTNERS LP 125.977 125.977 • 6/30/14 Capital Account 4/. cash MARKSTONE CAPITAL PARTNERS LP 125.119 125.119 • 2013 K.1.1. cash OUADRANGLE (AN2) CAP PARTNERS B LP 107.486 107.486 • 6/30/14 Capital Account cash PEGASUS PARTNERS LP 8.534 8.534 • 2013 K.1 +bosh WCP AN. LP 6.153 6.153 6/30/14 Capital Account 4/- cash OUADRANGLE (OFFSHORE) CAPITAL PARTNERS LP • 6/30/14 Capital Account 4/- cash SUBTOTAL PE FUNDS 31.130214 8.534 4.479.102 1.425.725 25216.653 KNOWLEDGE UNNERSE EDUCATION. LP 34.039.916 34039.918 %of 2013 F/S TRUCKAST LLC 1225.078 1225.078 2013 K-14.1. cash 976 MADISON RESTAURANT LLC 250.000 250.000 Cost of Funileg RALLY LABS LLC 186.015 188.015 20131(.144.mb HAMLET HOLDINGS LLC 1 1 2013 K-14.1. cash • RESTAURANT ADVISORS LLC 1 20131(.1(Tas) cash • SUBTOTAL OTHER PE 35.703.013 250.002 35.453.011 SUBTOTAL 68.833.227 258.536 4.479.102 1.425.725 Co colorised et ram**, lifoi Ed. LP I134.005.878I & KU Manacomeni Inc. (134.0401 1049.9)I4 EFTA01201725 BLACK FAMILY GROUP TOTAL Law oeixa LOB 2014 LLC BLACK FAMILY Black Family Black' 2011 TRUSTS GST TRUST" APO I TRUST GMTS Partners SEPTEMBER 30.2014 FINANCIAL INVESTMENTS RIVATE EQUITY -REAL ESTATE 8 FORMER APOLLO AP CAPITAL PROP CO LLC 857.340 857.340 • 2013 K•1Efax).E1. cash ARES EUROPEAN RE ADVMOFIS 1LP 851.896 851.898 • 2013 K•1N. cash APOLLO POLAND RE ADVISORS LLC 785.855 785.855 • 2013 K.I cash AREIF V CO-PNESTORS LLC 780.614 780.814 • 2013 K.I cash AREIF IV CO-IIVESTORS LLC 755.468 71.029 684.437 • 2013 It.1.4. cash APOLLO NM RE CO4NVESTORS LLC 263.720 283.720 • 2013 if. cash 107 PORTFOLIO lD 176.445 176.445 • 2013 (THO•1. cash APOLLO RE ADVISORS ry LP 109.532 109.532 • 2013 K•1•f. cash APOLLO RE ADVISORS III LP 56.743 58.743 • 2013 K•1•f. cash APOLLO RE MEZ7-ANNE ADVISORS LP 54.819 54.81 • 2013 It.1.4. cash AREIF III CPINVESTCRS LLC 34.776 34.778 • 2013K•1tf.cash AREMF CO-NVESTORS LLC 28.315 28.31 • 2013 It.1.4. cash • AREIF III TRANSFER MEIMERS LLC 3.731 3.731 • 2013 It.1.4. cash • APOLLO RE INVESTMENT FUND LP • /013 It.1(Tax) cash* • APOLLO CORP EU II COINVESTDRS LLC 1 • /013 It.1(Tax) cash* • APOLLO RE CAP PARTNERS LP • 2013 K.I (Tax)../. cash • • APOLLO RE ADVISORS LP • 2013 K.2 (Taa)../. cash • APOLLO RE CAPITAL INC. 1 • No Capital Section on K.1 APOLLO RE MANAGEMENT INC. 1 • No Capital Section on K.1 APOLLO RE FUND ADMN LTD 1 • 5472 only SUBTOTAL REAL ESTATE 4.758 660 3.798.41 272.080 888.189 AP AR HOLDCO LLC 446.570 448.570 • 2013 K.2 cash SUBTOTAL OTHER PE 446.570 448.570 SUBTOTAL. 5205.230 4.244.981 272.080 688.169 MATE EQUITY/ DEBT & RESTRICTED STOCK ENVIRONMENTAL SOLUTIONS WORLDWIDE (ESVAN) - 4.175.348 520.411 1283.900 1.203.888 1.187.369 claqn; Ppm SUBTOTAL - PUBLIC 4.175.348 520.411 1283.900 1.203.888 1.187.369 PLB ILO 88.338.274 69.549 55.377.880 • Equity DUE FROM PHAIDON 03FP IS) 10285.116 10285.116 Drava plus Interest ARTSPACE LLC 5.000.000 5.000.000 • Cost of funding DUE FROM PLB LLC (BFP LP) 3209.830 3209.830 Note pits interest ENVIRONMENTAL SOLUTIONS WORLDWIDE CONVER" 3.088.551 3.088.551 Cost phis Interest RGENDL INC 135.725 135.725 • Latest linanons round T-INK. NC. 100.003 100.003 Cora of funding ARTBINDER, NC. 9.998 9.998 Cool of funding SUBTOTAL OTHER 88.167.498 205.274 81.377.880 9.890.885 18.693.497 SUBTOTAL 92.342.844 725.685 82641.7130 11.094.533 17880367 TOTAL OTHER PRIVATE EOUITWDEBT & RESTRICTED 184.381.301 5229 202 67,392.942 13.208.427 78.559730 • Allocated debt el excess of miaow tax basis EFTA01201726  z Inwl • BLACK FAMLY GROUP TOTAL Lew & Elea LOB 2014 LLC BLACK FAMILY Bieck Family Bieck' 2011 TRUSTS GST TRUST" APO I TRUST GMTS Partners SEPTEMBER 30.2014 FINANCIAL INVESTMENTS NVESTIENT PARTNERSHIPS LONE CASCADE LP 30.773.897 30.773497 9/30/1A Estimate MLLENNIUM GROUP USA LP 25.300.226 25.300.226 9/30/14 Estimate CANYON VALUE REAL2. FUND LP 19478.785 19.078.785 4/31/14 Capital *caw ANCHORAGE CAPITAL PARTNERS IF 17.982.797 17.982.7979/30/14 Estimate BUCKINGHAM RAF PARTNERS LP 11.883546 11.883.546 - 9/30/14 Capital Acccont KNG STREET CAPITAL LP 1408,1346 1.008446 4/31/14 Capital Acccont BLUE STAR I LLC 88.060 88050 - 4/31/14 Capital Account V. cash SUBTOTAL HEDGE FUNDS 110479.727 11.931.596 98.148.131 AP TECHNOLOGY PARTNERS LLC 455.281 60.670 321.024 73.587 %of Est. Faure Cash flows GIFTHORSE PARTNERS. LLC 227,1111 227.611 2013K-104 cash AP ENERGY PARTNERS 177484 177.884 2013 8.1(Tax) cash MICROBES INVESTORS LLC 142.916 102.918 2013K-104 cash PROOUEST INVESTMENTS. LP 82.631 82.831 6/30/14 Capital Acccont JERUSALEM VENTURE PARTNERS LLC 3480 3.480 2013 84 e/-cash • AP SHL INVESTORS LLC 3 1 Expected Write-Off VIROPRO INVESTORS LLC 1 Expected Wrae-Olf • BHM INVESTORS LLC 1 Expected Write-Ulf • BLUE SUNSHNE, LLC 2013 L.1 (Tax)../. cash' • IA-RELATED LLC