EFTA02466137.pdf

From: Marc Rowan Sent: Tuesday, April 12, 2016 11:39 AM To: Jeffrey Epstein Subject: Fwd: Good to see you last Friday' - Edmond de Rothschild Fyi Sent from my iPad Begin forwarded message: From: Gernot Lohr mailto n Date: April 12, 2016 at 7:33:20 AM EDT To: Marc Rowan mailto Subject: FW: Good to see you last Friday" - Edmond de Rothschild See below. We also discussed some of Rothschilds strategic goals. Funnily, =e were contemporaries at GS.She in London and me in New York From: Gernot Lohr Sent: 12 April 2016 12:32 To: Jamshid Ehsani; Yves Le Cochec; Jorge Ceron; Alex Humphreys; Michele Ra=a; Dominic M. Fry; Paul Iturrino Subject: "FW: Good to see you last Friday" - Edmond de Rothschild See below from my meeting with Cynthia Tobiano, CFO of Edmond de Rothschild=about some areas of cooperation and how we can tap into their private bank=ng business and their asset management business. So I think we need a) Small overview over FCI 3 b) ACE fund 4 page teaser c) Alex, Michele could we synthesise a small short document on our Eu=ovehicle which starts with the "misconceptions pages" Thanks From: Gernot Lohr Sent: 12 April 2016 12:19 To: Cynthia Tobiano <mailto: Subject: Good to see you last Friday Cynthia, Was good to see you last Friday. As discussed I wanted to quickly summarize=what we spoke about. So let me know whether you think that makes sense and=whether you agree with the next steps EFTA_R1_01574512 EFTA02466137 We discussed a few product areas that could lend themselves to a cooperatio= given some of your focus areas and the idea of "conviction trades" an= that there could be two approaches a) Product for the Private Bank and b)=Products where we could work with your Asset Management Arm to provide som=thing jointly to your institutional clients We discussed the following main product areas that could fit given some of =our expertise and interest areas a) Financial Credit Fund 3 and to some extent a Financials subdebt fun=. • Our Financial credit funds which are focused on life settlement= (80%) and life insurance linked securities, such as life Co subdebt (20%) • Fund 3 is starting fund raising and provides long term capital =ains in a possibly quite tax efficient format, this fund is commencing fun= raising We are also working on a separate financials subdebt fund which=will benefit from our expertrise in owning financial services companies in=Europe. Here especially we have the opportunity to source paper directly a= well which provides some alpha to this fund This is clearly a non-mainstream product in PE format, with con=rolled risk, but long term appreciation. This could fit the private bank customer base b) Capital Efficient Investing • Here we are focused on building an asset management product tha= combines (i) Apollo products and (ii) a capital efficient overlay This could fit the asset management business in a sub-advised s=ructure as we could target some of your insurance company clients that do='t have the sophistication to appropriately deal with the complexity of =olvency 2 c) European Financials Equity Vehicle We discussed how this could be a true contrarian conviction tra=e Our plan here is to build a European Vehicle that will ultimate=y be listed and that way providing investors liquidity We would seed this vehicle with some of our existing investment= and it would focus on life insurance and banks in Europe, where we see a =rue opportunity We will send you a few pages in the next couple of days on this on each one=of these opportunities and then the next step would be to set up a call/me=ting with the right people. On our side it is basically a small group that=covers all of these. Gernot 2 EFTA_R1_01574513 EFTA02466138 Gernot Lohr Apollo Management International LLP w: + C: This email and any files transmitted with it are confidential and intended =olely for the person or entity to whom they are addressed and may contain =onfidential and/or privileged material. Any review, retransmission, dissem=nation or other use of, or taking of any action in reliance upon this info=mation by persons or entities other than the intended recipient is prohibi=ed. If you have received this email in error please contact the sender and=delete the material from any computer. Apollo Global Management, LLC <?xml version=.0" encoding=TF-8"?> <IDOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd"> <plist version=.0"> <dict> <key>conversation-idgkey> <integer>83388</integer> <key>date-last-viewed</key> <integer>0</integer> <key>date-received</key> <integer>1460461131</integer> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>6</integer> <integer>2</integer> </array> <key>remote-id</key> <string>603708</string> </dict> </plist> 3 EFTA_R1_01574514 EFTA02466139