EFTA01018677.pdf

From: J <[email protected]> To: TOMMY MOTTOLA Subject: Re: Media fund bridge loan Date: Wed, 24 Oct 2018 15:52:49 +0000 On Wed, Oct 24, 2018 at 11:52 AM TOMMY MOTTOLA < wrote: CAN U TALK Thomas D. Mottola Chairman & CEO THE MOTTOLA MEDIA GROUP DISCI:11MM The infoimation contained in this communication confidential. may be attorney-client privileged. may conuitute inside information. and is intended only for the use or the addressee. It is the ptireny or MOTTOLACO. Unauthorized we. disclomne or copying of this communication or any pail thaw( is strictly prohibited and may be unlawful. I rya', have received this communication in error. please notify us immediately by return a mad and destroy this communication and all copies theicol. including all attachments. copyright -all rights reserved On Oct 24, 2018, at 8:49 AM, J leevacation®gmail.com> wrote: bad deal . Im suggesting you should form that type of structure for you and your co. On Wed, Oct 24, 2018 at 11:46 AM TOMMY MOTTOLA I> wrote: Thanks Jeffrey...he told me about it ...but always nervous about people I don't know Thomas D. Mottola Chairman & CEO DIA GROUP DiscUlna: The infonnation contained in this communication confidential. may be attorney-client privileged. may constitute inxide information. and is imended only for the use of the addressee. It is the properly or At()TTOI.A00. Unauthorized use. disclosure or copying of this communication or any pail thereof is strictly prohibited and may be unlawful. If you have received this communication in error. please notify us immediately by return e-mail and destroy this communication and all copies the vol: including all attachments. copyright -all rights reared On Oct 24, 2018, at 8:43 AM, J <jeevacation®gmail.com> wrote: interesting structure for you to pursue, not these people ------ Forwarded message From: Paul Barrett .4 Date: Wed, Oct 24, 2018 at 11:41 AM Subject: RE: Media fund bridge loan To: J <[email protected]> The purpose of the investment is to act as a warehouse facility before the LP money is raised for the fund. For this you get paid 12%. The warehouse is $50MM. Once they raise the $50MM from LPs, your investment is repaid and you get to keep a 20% interest in the GP of the fund. The eventual GP profit EFTA01018677 share could be quite substantial. Wouldn't that be a nice GRAT outcome? The GP payout could be 10 years though. Not sure what the maximum life of a GRAT is. Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 <image002.jpg> From: J <[email protected]> Sent: Wednesday, October 24, 2018 7:20 AM To: Paul Barrett > Subject: Re: Media fund bridge loan why/ a grat. not sure what you mean? On The, Oct 23, 2018 at 6:24 PM Paul Barrett < wrote: Do you think this would work for a GRAT? Paul Barren Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 EFTA01018678 On Oct 19, 2018, at 11:38 AM, Paul Barrett < > wrote: Jeffrey Passing this along from MS: MS looking for what is effectively a bridge loan before closing their media/licensing fund. They are paying 12% for what will likely be a 12 month loan (it does have 2x 6 month extensions). After repayment you get a pro-rata 20% of the fund's 20% performance fees. Target size for the fund is $350MM. They are looking for $50MM for this loan. For $5MM loan: Assuming you get repaid on the loan, the fund ends up at $175MM and they achieve 10% IRRs you would be entitled to —$650K payout at the end (assumed 7 years) Assuming you get repaid on the loan, the fund ends up at $350MM and they achieve 15% IRRs you would be entitled to —$2.49MM payout at the end (assumed 7 years) If they can't raise $50MM from L.Ps for the fund after 2 years, the loan converts into equit and you own the assets that will be managed by the same G.P. So risk is they can't raise sufficient interests. They plan on raising the fund through their Wealth Management division. Paul Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 Begin forwarded message: From: "Atlas, Andrew S" Date: October 15, 2018 at 5:03:45 PM EDT EFTA01018679 To: "Paul Barrett Subject: Warehouse Outreach Hi Paul, Morgan Stanley has been engaged by EIIV Group, a newly formed fund manager to structure and syndicate a $50MM warehouse facility. The $50MM warehouse will be used to finance the acquisition of a music catalogue and a minority interest in a production company. Please see below for investment highlights. • Short-dated warehouse facility offers attractive annual cash yield of 12% • Equity interest in proposed fund through retained ownership stake in EIIV GP (i.e., carry) • Financing the acquisition of: • The music catalogue of Jeff' Bhasker, a well-known songwriter / producer of numerous #1 hits (e.g., Uptown Funk, Girl on Fire) • Minority stake in an independent film and television production company backed by high quality strategic and financial investors, including AMC and the Emerson Collective • EIIV is pursuing a strategic partnership with one of the largest music groups in the world offers strong source of continued music catalogue supply and expertise for fund to leverage • Best-in-class management team with longstanding relationships across music, film and television Andrew S. Atlas Senior Vice President Equity Sales/Middle Markets Group Financial Advisor Morgan Stanley Wealth Management 1290 Avenue of the Americas, 12th Floor I New York, NY 10104 NMLS ID # 1326736 EFTA01018680  NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended to be. and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right. to the extent required and/or permitted under applicable law, to monitor electronic communications. including telephone calls with Morgan Stanley personnel. This message is subject to the Morgan Stanley General Disclaimers available at the following link: httplAwAv.morpanstanley.comiclisdaimers. 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If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for EFTA01018681  the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01018682