Valuations
3/31/13
EFTA01119033
-LEE and Related EnIdes
Investment Summary
3131/13
Cash 8, Equivitents
Southern Financial LIG- (see note below) 14.366,658
J.Epstein 1.997,654
HAZE Trust 28,354
FT Real Estate 2,161
Southern Trust Company 8,772,066
Jeepers 4,041,393
J.Epstein VI Foundation 4)130,219
Total Cash 8 Equivalents 34,106.525
Loss
Cash in Operating Accounts (1.265,913)
Cash in Foundations (4.680,219)
(6,146,132)
Total Available Cash 8 Equivalents 27,962,393
JP Morgan Trading Account (cash, SOCUltieS. Derivitives)- SFLLC See NoteA 68,962,624
JP Morgan Trading Account (cash, scourges, Derivitees)- HAZE 22,282,685
JP Morgan Trading Account (cash, seeurties. Derivilees)- STC 6,125,418
Marketable Securities -(ins) 10,775,708
Investment American Yacht Harbor (per JE E) 1,000.000
Settlements Receivable -D8Z 69.458.708
Partnership Investments 103,778,238
(see attached schedule)
Total • 310 345 774
Value Above 310,345,774
Adjustments:
Operating Cash 1,265,913
Loans Receivable 1,845,415
Total per attached valuation schedule 313 457.102
Investment partnerships are subject to various restrictions on wrthdravals. and therefore, 313.457,102
the timing of availability of funds MN be so limited.
NOTE A: The JPM trading account was funded with $75 Milfon. Dunro JuN 2011 we wthdrew $ $2,478,520.
On 2/14/12 the account was reduced by $501,930 for the purchase of 16,535 Ariad Pharmaceuticals 8 2,095 Bogen IDEC.
on 5/22/12 the account was reduced by $1,330,000 for the purchase of 35.000 shares of Facebook.
In August 2012 the account received 5349.402 from the sales proceeds od 17,500 shod Facebook
On 9/12/12 the account was reduced by 510mm for the transfer to Mort Inc
On 11/9/12 Uwe was a transfer to JEE of 51,000,000
EFTA01119034
J. EPSTEIN 8 RELATED ENTITIES
VALUATIONS
GAMLUAINUTTEEINVESTMEPITS
341/13
ImilhEREIMBEJM.Ll&
0228/13 03/31/13 01/01/13 Y11) Marsh
ACCOUNTS VALUATION PERFORMANCE
J P MORGAN. Cash 11,027.777 14,339.458
JP Morgan Trading Aocount 68.846.749 88.982.624
J P Wagon- Secuntes 7,359909 9264361
Other Bank Aoccats 176,095 46.710
JPM (Bear Steams) 4,983.273 492
INVESTMENTS
. .
TUDOR FUTURES 13.307449 13.694.355 12578.999 887% 291%
HIGHBRIDGE CAPITAL 18,933504 18.970258 1E624.993 1.85% 021%
M. HERTZ 3.630786
BEAR STEARNS Asset &dad Securltes T7/31/09 vak 331.882 331.882
449169731/0/SAMMEIE
J P MCRGAN. Cash 14,000,000 8.591,532
JP Morgan Trading Account 992.503 6.125.418
180.554
Settlement; Jests
DB 2WIRN SPECIAL OPPURTUNITES FUND 74.000,000 70.000.000 Set 1001110ke
lea portal althdrsmal payment roomed (65412.2) omi.en3
J P MORGAN- CIO 4841,303 4.041,363
JP Morgan Trading Account 1,506863 1,511.347
Other Bank Accounts
ARM Eosteln
INVESTMENT American Tide Harbor 1,033.003 1,000,000
FT RealECM (cash balance) 84.469 2.161
FT Real Estate - Immanent In Mem al cod 1,420,500 1.508.833
CHECKING/SAVINGS ACCOUNTS 683,748 1,285,913
LOANS ME FROM INDIVIDUALS 1.745,415 1.745.415
CORE CLUB NOTE 103,1:00 10),CO3
BROKERAGE ACCOUNTS
JPM (Bear Stan) 668050 666.892
J P MORGAN 56.400 56.806
Mod Inc Aliphorn (at cost tails) 10,000,003 10.000003
(1.260,233 shares of cornmon, and 695.301 shwas at Ser 5 Pk()
Butterfly Trust 8044 86044
HAZE Trust
HIGHBRIDGE CAPITAL 35034.864 35.108,437 34.404,356 205% 021%
KING STREET (eadmate) 23980.803 24.184.473 23276473 322% 085%
JP Morgan • Cash 28.349 28,354
JP Morganmanege0 account 22,238194 22,282,685
TOTAL 315,817,907 313457.102
THESE AMOUNTS 00 NOT INCLUDE HOUSES. AIRPLANEPIXTURES 8 OTHER ASSETS
EFTA01119035
Reconciliation of large items
Value 2/28/13 315,627.907
Partnerships 703.900
see below
JPM Trading account- SFLLC (FTC) 115,875
JPM Trading account- HAZE 47.491
JPM Trading account- STC (67,082)
Securities (419,498)
Dividends/interest 1,162
Apollo Distribution
Change in loan account
cash spent :
JEE (2,392,527)
FTC (207,299)
ML Hertz 33,922
cash received BSABS 13,251
miscellaneous
total 313,457,102
Value 3/31/13 313,457,102
Partnerships
SFLLC TUDOR FUTURES 386,906
SFLLC HIGHBRIDGE CAPITAL 39,754
Haze HIGHBRIDGE CAPITAL 73,573
Haze KING STREET 203,667
703,900
EFTA01119036
.EE and Related En1Aes
Ava.lable Eouity for Investments
3(31/13
Stour,Oes Long C Fair Marlon Val,* 331/13 2/28/13 94in(Oss)
70.500 Ascent Raw. SFLLC 1,307,775 1,183.095 124,080
20,003 Bombards SFLLC 79,335 80,582 (1,247)
21.753 JP Morgan SFLLC 1,032,307 1064,157 (31,703)
263,157 Apollo Gbbal Management SFLLC 5.894,717 8.188,821 (492,104)
17,500 Facet** (pu Those] 5/22/12) SFLLC 447,650 476,875 (29,225)
18.535 Artad Pharmaceetcass SFLLC 296,953 347,731 (45,778)
2995 Bogen IDEC SFLLC 403,534 346.492 55.052
149490 !PM F6 Rate 4.24% Jetport 1,511,347 1,509653 4.481
10,775 708 11 195205 [419 498)
SFLLC(Nstory includes FTC)
JPIA Trading (ee attached) unnialaed 8.171,386 Net P812010 (1,519.390)
reataed.2010 (8,954.209) Net NM 2011 (741,082)
reanzed.2011 1,5.41,549 Net P812012 11,927,924
reatued-2012 8.799.305 Net P83 2013 (143,203)
folioed-2013 (52344$.
Total Pk uree inceptor, 8 923672 8 401 872
Invest,ents alo 3731113 at Fair Martin Value
Sale TUDOR FUTURES 13,894,355
SFLLC HiGHBRIDGE CAPTAL 18.970.258
SFLLC ASS Trust (last valuators 7/31100 FTC receNes rnartNy debit:NW/us) 131982
HAZE NIGHORIDGE CAPITAL 35,11:8.437
HAZE KING STREET 24,164,473
FT Real Estate 21 East 201n Sant (et cost) ino.soD
FT Reel Eon Columbia Holdings(al cost) sea.ns
k4d Inc Aliphcorn (cost bails) (1.280333 sr, common. 005.331 41 Se 5 0 8) 10 WO 030
103 778 238
Southern Trutt Company (P, Barrett men aged account)
Cost FMV
2,090.000 Petros Venezuela 8.5% 11/2/17 t,986,CW 1942,500
40,030 Cogroup Inc PFD 5 8% 1.000.000 990.030
45.000 This Fargo RFD 5.25% 1.125,030 1,134090
1090900 PAL Linked Note 85% Bernet 5% coupon 28 5% 019019 (3/27/14) 1000000 963803
5110000 5030 307
Cash for rivesbnents
Accrued Income 1,018,756
70 380
8.117418
EFTA01119037
JEE and Related Entiles
Cash Summagy
3/31/13
SFLLC
JPM 14,339,456
JPM (Bear Steams) 492
Bank accounts 46110
14,386,658
LE
Bank accounts 1.265.913 1.265.913
SPA Beat Stemma) 666,892
JPM 56,805
Butterfly Trust (Beer Staren) 8,044
1,997,654
JEEPERS
JP Morgan 4041,393
4.041393
RAM Trust
JPM 28,354 28,354
fl Real Egale/ 2,161 2.161
Soulhem Inni Company
JPM 8,591,532
Bank accounts 160,554 8,772,086
Enhanoed Education 4.850 219 4,880 219
Total Cash 34 108525 34 108 525
the does not include cash in JP Morgan trading account
EFTA01119038
ENHANCED EDUCATION
3131/13
PARTNERSHIPS S
TOTAL CASH SECURITIES
JP Morgan (Formerly Sear Steams) 4,786,350 4,786,350
BANK 93,869 93,869
TOTAL 4 880.2''.9 4 880 219
EFTA01119039
Mitt 'OW"
Global Investment Opportunities Group P. Morgan SigleW•4 LLC.
Account Position and MTM Summary (Open Positions)
(GI Prepared for Haze bum as of March 29. 2013
00.$419 FX a forrirnodtty totem USDMXN 12.3127 XAIM50 1597.3 GEPUSO 1.5199 USOJTY 9.170
USDARS 5.1213 UIDEAR 9.2275 IUBU50 1.2818 USOBRL 0217
trsoos 0.949 USIXAD 1.0116 USOTAT 1.810 USONOK 52476
Stmebassed ban • Mental MO Ma} livabinart gent et of • ford.
Trade Interest
Maturity Face Arnovnl tang Description Cott Bai.s (S) Market Value (S) Recoi,ad Entry Pree (1) Current Poor (S) MTM
Date
lun.12 IWAJ.413 30(0,000 Ubs ones .arren 18% Con I P :53.240r(01 S2,7114.1C0 50 110000 392.83
5-Apr-12 16 Apr 15 1403,000 Mlerleor 614 6.203%CM 04/16/2013 OM 04/102012 (11,5430.000) 31,569,800 549.817 510000 $10332 5119,687
U.S. Heed Income • inbada Pil ea Wooed»
Trade Total Mt
Maturity Pare Amount totter 1,3? Rating Nest Call pal Coo Motet Value Entry Poo. Current Price
Date Arrived
10-May.11 01.Nov.2016 1,200,000 Peabody (way Corp BM WA 7 (51.36›.44.0 51380.903 SIUrY21 5113 63 511508 5184.311
2-00.12 1S-May-2018 5023500 Ipaymmt Inc EEC. 0%15/2015 10.210% (4445.0023) 1.446,115 575,108 189100 $89.24 124313
2.0:1-12 01.3~019 1,000,600 Pandred HolthciatitInc I. Oft4V2014 11.25011. 11994.250 31,023,030 340 563 599.63 110250 169312
10-Miry11 blametuel 3.0)0030 Jpinorgan Chem I CO III 0406201a 7300% 113337.1501 53;165,970 54-47.028 511127 511553 5574,928
II1May.11 ~petal 3.000.000 Bank Of Amodca Corp 89. 05/150201$ 1.125% 113319.410 $3,401,475 3, 451,740 1112,99 5113.35 $471,605
and Amt. Packed • Manual Prnin Ne JI1Mo n want aa k
trade Total Princ•int Entry Price Current Price
Maturity Original tare Issue SraP Rating Next Call Dale Coupon Principal Cent (S) Mater Value IS) MTM
Date (S) (local) Doc al)
-Aug-12 25051.20 ionsaolt 14 I65a 51.625.410 5302,995 29.83 2991 3229,94/
10 May 12 25-Mai 2037 1.000.000 Gam 2027 AI 12.0.3 04/25/2025 5241% (572557342) 1611.671 5112310 78.50 83.90 $311,40.
Mortgage and Anal Backed MTM (52.414,081) 52.277.151 5652.944 5268,375
'Mahal Fund. end Mone Market
Track Dividends Entry NAY Current NAY
Symbol units Company Currency Initial Cost (S) Market Value (S) EMI
Date Received 31) (local) (Loral)
Avg ,P30X 199,554515 »Pagan Floating Itate-Sel USD aon.som 12.017,533 SO I 0 03914 10 I 54,031
Avg OW «X 317.095 54 ipmorgiin High 11•14-Sal USO 12.529,429.14) $2.616.038 DMR• II 2765 (511,391)
IQ I LO So so
PI I 5-1 11.499312 $343.509 11.11113,021 au tor open tint 51.15416M
Rape so so so Onet Open MTM $1493.132
WO EST 3524,95” 029,312)
0•Ovativ• 10 10 $4 YTD 0,9•034 M Opts DATA ($355,3 12)
Allemmthr• SO SO 10 2013 COME PM 1354,554
DOWN/ Mboellemiraue 10 SO $0
°tart S1aH5,552 »lb Wrat Pwrietenmear 53,44A
nr01,,~ion Vota 6 c0
EFTA01119040
lobaLlmestment_Opportunities_Group iihmipon ucuriths u.c.
Account Position and MTM Summary (2013 Closed Positions)
CI 0
(Fle." fin mrtarnt crnnortunstror Prop - r..d Inr Trust as of March 29. 2013
Mort and rote arodonl
1 14.1y-12 754,0.2034 11592.800 NVe 2004 r 181 (CC 0112542020 2.554% (51,1ao,404) 1,40.14 55.266 81) 26 31 %)413.109
Mutual het and Mon* M.*.t
Avg OHM 181,3714.4/ lorrorimn rlign Vield.SO 'Jla) 31.100.000 s1114 22-Janll 8.41 81/
fO Z013 hithohm4 ado 6 Ca
EFTA01119041
Global Investment Opportunities Group JR. Morgan SeCtrttlee LAC
Account Position and MTM Summary (2012 Closed Positions)
4G I 0
Cispipreapalltie elpird,fo, •• Trust nnM . 2013
tuckered Notes
I❑I-May•I 31-11 12 1.000,000 vag I . , %omw 501,-er. pn 20% Om !new I. I/11 S4.010.000, 13-318.0.s. SO 31.May.12. 510C CO $110.60
S. rind known
Trade Dale Courson Principal Cost Tota l Int. Pit
Matulity Pao: Amount Issuer SAP Rating Noel Cell Dale Market Value Closing gate lone FriCe Closing Prke
Maned
10 Mar 11 O1-Mayd011 1.2190.000 GS Group Inc NR NIA 1 009% $1.200.000 588,067 g- -12 510163 Y. °
ISMaY' I 1 ISApr.201S 1,200,000 Font Motor °edit Co Lk 118• NIA /.000% (51,11/50C) $1,301.000 876.067 3-Apr-12 $110.65 5109 00 $56.24e
10-May-11 15-Apr.2015 1.200003 Ford Motor OMIN Co Lk 88. N/A 7000% 31,223, /GC) $1,115000 S87.60) 26-)01.12 $101.98 599 09 551,840
Motu el hen& ma Mon* Market
Dividends entry NAV Closing NAV
Trade Date Symbol units Company Cunency Initial Cost 153 Market Value IS) Clostng Date
Received IS) (local) Itmal)
Avg OHYFX 185.163.19 1prnorga gar Yong. USD S1,500,01:10 2-00-12 839 8.10 3S4 PIA)
ISS4.3114)
an
(C) 2013 itmorgan Chase t Co
EFTA01119042
Global Investment Opportunities Group
Account Position and MTM Summary (Open Positions)
Prepared for Fi nancial Trust as of March 29. 2013
Cunene Ex a Ccewnodlly ran USDIMIXN 121127 XAUJSO 15973 G1IPP5O 1.5199 USOPY 94.170
MOMS 5.1211 %ADC ew 111135 EUR1150 1.2811 USDORl 2 0217
USOCH1 0.949 USD(.4.0 1,0176 USIDOTY 1110 1/50401( 51476
• ene Pre • via ‚loon** •
trade Dividend Entry Pricy Current Price
Syndmi 11)•ret Company (urgency industry (my Bans (5) Ma rliel Value 3/ MfM
Date Yield Recall hotel)
• TE Telelenlu 54.5pon Mr 1)50 Cerniemg, canoes 000% 530.0•3 2005 13.51 VIM'S
15.1un 12 TEE (39) Telefonica SeSpon Mr USD Communkatleni 0.00% 1448 (1527) 252 13.51 MO)
24-Jan-13 AMA 9.030 Adel Pluvonecoutah Inc LAD non, Noneygcli 0.03% 0176,4001 $162,720 196d 18.06 [713,650)
144•10.12 ARIA 7,535 Ailed Phaefneceeatloali Inc USD +owner. NOPCS% 0.00% (51144001 5126.233 It /I 18.06 121,633
24-00.12 OF 25,000 Dean Feeds Co USD Ammer, %Ones% 0.00% ($420.450) $453,250 18 8.2 18.13 317.200)
12,61-10 OAG 50,000 Konen D0 Agil Double Long USD Funds 0.00% 11352,550) 1481.505 !01 9.63 1121355
IT-Marl? F8 37,500 Farcebook Ino4 USD Communketbna 0.00% ($465,000) 1447,650 It, 00 25.55 ($217.350)
14.140.12 808 2,095 Pepin Idec Inc USD mum«, Nennf(11 0.00% 15250,451) 5103.535 119 55 192.62 $153.003
qu.ty MIM ($1,9914111171 12,064.101 140.253
Strucband • Manual le ri leMeer n Instalment r ( tor da
8-Nov-12 22-Nov.13 1,000,000 te 122J13 1n e UM 85%/itaellit• %Atm Cpe.22.9%Nien iSloW 0001 51.107340 50 3100.00 1110.14 $107,540
9.3m.13 24184-14 1,000000 He< Ren Load To Cah VI US 5)04v- 500%Mantrn 01419113 IN11•1561846.1995 (51.000 OM) 1905 600 10 1107 00 $90 .54 1114.400)
144•0.13 20.4vg-14 1,000,000 MS Market plus mex C41(20/14 10% ENO 84erles • 3.5% ON, Uncapped intual Level . 2 (51,000000) 11.048.550 10 3100 00 110486 141,550
5-Ape.12 16-Apr.15 1,500,000 Menlo, CLN 6.200% CPN 0416/2015 Dtd 0416/2012 (11.500,0:13) $1,573.80) 565,888 $100.00 5104.92 914.1.6811
nuclei 0 notes MYM (54.500000 54,715.510 549,888 $255, 341E
U.S. abed entente • I Presn• y4a mbe
heiturIty fag v A re,uuril Total (nt
Inver SEP Plating Kett Carl Date Coupon Pe rin, p Merkel Value Yield le Went entry Price Current Pte e wimp
Accrued
22-Feb
-12 15-lan• .1 1,000,000 Nip Energy Inc 88. N/A 7.625% 111,001.5001 11,126.540 $64087 $10015 1'12 65 1209,127
22-00.12 01-Apr.20111 1,000,0:0 Itadweten Inc B• 00312015 7.625% ($E035.000) 11,003,030 133.253 5.19% 5103.50 SIM CO 174253
22.001.12 15441y-201/ 400000 Earellnk Inc 0915/2015 4875% ($414,000) M04.000 115,482 8.43% 5103.50 1101.50 $7,442
23-Oct-12 15•May.2019 603,000 ferment Inc 05/192015 8175% ($619.100) 1409,000 523,075 &43% $103.25 110130 $12,575
1.0c812 01.1un-2019 1,004000 Kindred Healthcare Inc e. 0603/2014 4250% ($196.250) 11,025,000 540,792 7.53% 599.63 $90230 MSC
841o/-12 01-Jun.2019 1,000,000 Kindred Ileolthcere Inc B 0601/2014 8250% (1970.093) 11,025,003 132,313 7.53% $97.00 310230 $82,312
24-Jan-li 154064029 1,500,000 Senekernarter Commie 11. 02/15/2015 8.000% (11,595,625) 11.631,250 121,667 SAO% 1106.38 1194.75 157292
25-Feb-13 11440402e 1.000,003 Servkarnaltair Company 02/192015 &C00% (11,070,0M 11,087,500 17.594 5.90% $107.03 110675 325,056
15Jun.11 Netball 2,504000 hervegon Chew & Co 888 04/3W2011 2300% (11,702.425) 12,894,215 1353,306 4,45% 5108.10 111533 9539,106
l5.)un.11 Perpetual 2.500,000 Nereargan Ours 4 Co 888 04/10/2018 7.100% (42.702021) 12206225 1333,306 4.45% $108 10 1115.53 1539,108
ID-Jan-II Perpetual 2.000,000 Bank OP America Carp 88. 05/122018 &In% (12.081.1.01 12,241.650 ISM 5.12% 1104.06 111338 $547,130
30Jan-12 Perpetual 3.000030 Southern Cal (deem 888- 0212022 6.250% ($2,999,970) 13353,085 $219,229 4.61% 1100.00 $111.77 1571,344
27.)un•12 Perpetual 2.000,003 General E'4.< Cap Corp 06/192022 7.125% (12,122.9201 12296.003 1101,467 4.47% 1106 IS 111920 13110,747
EFTA01119043
Global lnvestment Opportunities Group .P. Mogen 500,01Un U.C.
Account Position and KM Summary (Open Positions)
C IC) Prophr4.1 f Or Finanstal Tnnt as of 5113/c), 29. 1013
Onnet FA • Cavenoelty ratte 1.15001114 12.3127 )0,01150 1597.5 41175).2> 1.5199 1/501Y
/WARS 94.170
5.1213 1250<11%, 1111.35 EURWD 1.2818 V5D9RL 2.0217
USOCHF 0.949 MC%) 10176 1/50TRY 1110 11501101( 51476
Mud bworn• • Ine i Na Bloontee
Melunty Face Amourn ISSUC $41.1 Rating c-uhencY Coupon Total lot ytott vloot? t nhy Pm° Current ....ce
Pttorn/al Carl Cl) Meriml ~vn (5) 151501
Accrued (I) Dm 01 Dors°
9-Oct.12 02.1.63v.2017 Prom001 (»Venezuela 5 8. 1150 8.500% '144).150` 5487,500 330069 9.18% 8805 97.50 567,319
11.0.3-12 02440n2017 11300.000 Pottoleos 09 Vonnts16 5 8. 1250 1560% 11897.5031 $975.000 139.667 9.18% 39.75
10.1449.12 16-0«.2021 1,503.000 97.50 $117,167
Lloyds Tsb link Pk 888- u50 9375% (11,627.500) 11134,150 3131.255
23-lan.13 3.33% 16%50 122.41 1339,905
05-D302022 12,003020 ~ka MovIl Seb D* Cv .4. haN 6450% (S1.004,417) 31.030.243 311,528 5.66% 105,75 10518 137,355
26.10+12 150K-2035 7,503,000 Raoul« 04 ArgAntlna &CA WO 0.000% 111.038.7501 1423,750 $461920 1315
13-00.10 15.04<.2035 10,000.000 R•publk Ot Argent no 5.65 (5145,030)
IVA ARS 0.000% (1318000 115,432 $326.744 12.56 0.71 $23,678
ntemetionai Fl vod Income MTRI
155 326.4 17: 54.768,07 3998.85 4.50.
end fl oot Illacked • 1,44nual Prun vla JP/Ao en in (MI eiblk
Tta0v
Malunty Ongmal ace uwe wit Rat',/,' (all Date Total Ponnlot
Date Coupon Pnor /pal Coat IS( Maolet Value 15/
(31 11,10;
4.1en 13 25-Aug 12004 174 04/25/2013 1.104% ,S552 17 4. 5560.616 54,657
6-Feb.13 20-03020» 5.701,030 5625 53,003
Temt 11131 ccc 04/202013 1.651% 11781,919) $355,120 511,261
5-11.79 12 25-Noy.2032 73.75 8137 $84,442
1,750,402 G/n*2004-4133 CCC 14/4 5250% (3563,601) 1401,06, 364,815 13030 2161 5.17.725)
23-Aog.12 25-Aug-2033 3.325,003 Cwhl 2003-26 31 040%2013 5336% (11,231.222) $1,011455 3133,960 7710 73.23 518,192
14-Not-12 29-Apr-2035 10,0».40» lam 2005.2 1141 CCC 041250013 0349% (51,165.890) 11144,941 157,855 70.03 7103
2•Nov.12 2SFeb-2037 8,110000 536,913
CA4s4 2007-At 2A.4 CCC 08/250024 2.988% 54 047 805. 51,88],598 5177.017 88.50 8800 59 816
Usad Prehovule
trad* mak" ),
Date Sharet Company 50P Rat ‚no Par omohnt Coupon Penh iplh (Of( (S) llovntends (nerf ',rite Curven' Pme
rile Val.) 151 Rocrived 1050111010001 MTM
11.<4411 Ito<•11
18-Nov-10 12m1/2013 General 10.f MIA 50 00 4 75% '5400.0001 5343,520 0.11,033 3803% 5003 42-94
9-Dec-10 12/01/2013 63.000 448401 Motors Co 14/4 $50.40 4.75% ($3.115.973) 12,705,220 $314,213 21113% 50.57 4214
15-N0-13 02/01/2016 6,000 OM Naties Risoutoo ($114.541)
MIA $21.00 703% ($150,000) $112.020 31.021 1938%
22.1441-12 02/150040 2500 1167 (1363591
30.000 &hoc CgstteA Tnnt CCC. $25.00 113% ($1,332.300) $2.175.992
15.1an.13 $166.111 5.22% 2354 2720 1,459.303
01/150073 25,000 Nam* !new C30101 888 $2500 5.40% (1625.033) 3619,250 35,122 5.04% 2500 24.77 NOS)
23-14n.13 Pepeomil 20000 Sc. MAO 5.10% ($500.000) $.499080 $2,331 5.14% 2500 2639
333012 horP811/41 44100 Ally Flnanclal Inc 12,137
CCC. 125120 130% ($1.002326) $1,247,901 $92.618 6.33% 21.51
11$4•12 79(0411/411 80020 Ally Finandail Inc 24.711 $331.420
CCC. $2500 150% (1,700,000) $2.142.40) 1156306 635% 2225
174an-13 Porpetual 27.000 26.73 3511,706
Vorn46•044119 Tn.ist 11111. 125.00 5.40% (575.000) $667,170
24-045.12 Perntual $3.443 503% 2503 24.71 114.3310
40,000 Roy4119145(0634140 17% 00 125.00 7.25% (1951.6001 1974~
7..14n.13 Nwpirsuol 324,569 7.46% 23.79 24.36 147369
40.000 Ron? Ot Scolind Ce11 5% BB $2530 7.25% ($977,600 $974,403
14.lan.13 09,1143 7.46% 3444 2436 Kal
Prpetusl 40.000 Roy•11135collnd 043 Mc BB MAO 7.25% (1995200) 397400 13458 7.46% 24.18 2436 1512.3421
5-Mat.13 Ihmostuol 13.003 hall< Rong* 8130. 12510 5.20% (1375,000) 1373.000 $0 523% 25-00 24.92 (51,2031
EFTA01119044
Global Investment Opportunities Group P. ~Dan ~Ides tLC.
Account Position and MTM Summary (Open Positions)
Prepared for Financial Trust at of March 29. 2017
Clameret PK • Carrenority rota, USOMXN 12.3127 XAUVSCI 1597.5 GIIPUSD 1.5119 U501•1 14.170
USDAR5 5.1213 USOKRW 111135 EURUSO 1.0111 U5001. 2.0217
WINDIF •949 USOCAO 10176 USCITIV 1.110 USONOK 3406
ti med • Rates 10x9739 nit • horn Illoambie
?bade Curl! rot Spot Current All in
Value Oate Bought Notional Sold Notional F. Date Contract Spot Contract FOIVIard
Date Rnr on,ord
1-Feb-I3 1May-13 (Nr 4,190.500 EUR 5,000,000 I 13 1.2391 12361 1 21659 121636 SI .
1444ar.13 14199-I3 USO 1000,000 KRW 5.50350000 14-Jun-13 111635 111635 111221000 1,04.39170 (1171361
2640f-13 1-May-13 1119 925220.030 CAD 10,403200 27.Apr.I3 92.0 92.322 12.54450 92.44959 11565
or nard C ono e. M1M 5111,337
FX • MTN ~Ned w 61oom0er
bade Curr.nry anginal Current Premium
I mnralion Direction Cunoncy I Type MTP.I
Uati Notional Preonnim IS) ZS)
I -Aug-12 011041-13 lought 103100.000 10.90 Call '1413011 11257,14 1909,331
LAug-12 011-041-13 10.000340 76.90 Pul tap K1 • 69.65 $347,109 $0 1347,1109
Options N1711 0 51.2 7.14/ 1515 2 14/
Total %tam 5
Trade tlfectivi. 'Maturity Accrued Inimett tntry Price Dividend, Current Prue
Underlying Mrhl
Oat,- Dale Oat. Paid Earned o<•II
31-109-13 3.0•13 540.14 Apple 974 122117.02 o I 05531 SO 912.49 1559.9201
184114•913 18.0.-13 20-Wó14 Kospl Transport Foulpent 111.172 3org. 0.7051 51,999.99937 0600) 2501.92 so 2.503.22 31,733
565213 1162.30 1227,525
11091544 5705,594 sseosus 1012 1101Open emu Masan
so 50 10 Caned Open 111TM 55,471,054
SO SO s0
51310,297 11,497355) (sinew YID 044nre In Open WM 3T0.013
so so so 2013 099441Pot (55211.441)
SO 54 54
«Rh 54.455,051 ~MO) )111211441/0/949~ !MAY
42 200~ owlet *Co.
EFTA01119045
Southern Financial GC
Analysis of Investments
Investment RAV unrealized
3/31/13 Grandpas)
ML Hertz 1205/05 5,103,033
disinbutons 1911/06 (2,150,021)
disinbutons 12/11/06 (560,024)
distributions 7/26/07 (2,440,9%)
disinbutons 4/20/11 (1,297,352)
denbutons 12/12/12 (1,364,976)
(2,667,261) 3,673,668 6,340,949
final distribution
BS ABS 11/29/06 10,000,000
dienbulons (3,895,529)
6,104,471 331,662 (5,772)
Highaidge Cereal Corp 1/11/01 25,000,000
denbulions 2/28/06 (25,000,000)
18,970258 18,970,258
This represents the total of Kghbridge Caplet Cap. and FIB Multi-Strategy Holdings Ltd.
Tudor 1/30101 5,030,00D
1/14/13 debsbution (4,193,300)
806,700 13 694,455 12,867,755
0EEPER6
DI3 Zwirn 429/02 10,000,000
8/30/02 10,030,030
1202/02 30036030
6/2/03 10036[00
1/3/05 20,600,030
12/21112 distribution (6,541.292)
73,456703 69,458,706 (4,1:03,030)
DB2- settlement
This is based on I ho lotbeing assumptions:
the fund will recopy e a sythchavral amount payable to Jeepers totaling $70 million 70,000.000
Jeepers vii receive en interest of G Rubins plshp interest valued at approx $3.8 mullion with a 5,060,000
backslop payment Iron G. Dubin equal to the excess of 35 milbn over the aggregate value of all
distribigions made egh rasped to the investment
JEE wit pay $1 nib:in for Zwirne interest in Corbin. JEE viol macaws all disinartions upto $2 mike 1,000,000
and the remaining cesinbutions MI be de ided 5050 between JEE and Zwim
76.030.030
EFTA01119046
Hue Trust
Analysis of Investments
Investment FMV unrealized
331/13 Gain(loss)
Highbridge Capital 420199 10,041,666 35,108,437 25,066,771
This represents the total of Highbridge Capital Corp. and HD Muhl-Strategy Holdings
King Street 11/1/93 10,003,003
728/10 50% redemption (20,C:03.787)
(10,060,787) 24,164,473 34,255,280
EFTA01119047
Bear Steitrd Asset 84closd Securities
Olstrisotices Received
FTC
Toe' Partnershlp i Tnat Ponnersnip Trust
1/9/06 1.04739107 1,047,291.00
3/12/08 431,015.03 431,015.0)
4/14/08 147,707.00 147,707.00
W14/08 147,707.00 147,707.00
6/16/08 135,377.03 135.3771:0
7/16/08 110,711.03 710,71100
8/21/08 110,615.07 110,615.00
9/25/08 110,578.00 110378.03
10/29/08 91,127.03 92327.00
11/25/08 86953.03 85,953.00
12/27/08 73470.00 73,670.03
1/23/09 73,670.00 73,670.03
2/20/09 73,614.03 73,614.00
3/12/09 67.434.03 67,434.07
4/3009 66,443.00 64443.00
5/29/09 57.98600 57,98603
7/24/09 Note A 84,387.00 84,387.02
8/26/09 4741100 47.911.00
9/21/09 35,711.07 35,711.00
12/2/09 87.895.03 87,895.03
1/8/10 2547330 75,073.30
2/8/10 31,073.84 31.073.84
3/8/10 33,60583 33,60543
4/010 22.613.71 22.613.71
5/10/10 26,315.18 26315.11
6/8/10 25,243.91 25,243.91
7/8/10 14961.45 19.961.45
8/10/10 22.012.01 22.012.01
9/8/10 I4,989.61 24.989.61
10/13/10 20,527.91 20327.91
11/8/10 23,336.55 23336.55
12/3/20 75,234.27 25,234.17
1/6/ 11 24,623.91 24,623.91
2/31/11 Note 8 25,793.17 26793.17
2/8/11 26.966.92 26,96692
3/8/11 26413.03 26.313.03
4/8/11 21112.75 21.11275
5/9/11 21.557.96 21,557.96
6/9/11 18,671.74 18.67474
7/8/11 16,690.35 16,690.35
8/8/11 16596.19 15,596.19
9/8/11 16,810.22 16410.22
10/12/11 16819.76 15,819.76
11/8/11 17,37732 1437732
12/1/11 17.832.49 27432.49
1/9/12 18,083.73 13,066.73
2/8/12 18,61.1.56 18.611.56
3/9/12 1%767.40 19,767.40
4/9/12 17,622.23 17,622.23
5/8/12 16,10179 16400.79
6/8/12 17,401.50 27.401.50
7/9/12 1636530 16.165.50
8/9/12 16,602.96 16,602.96
9/11/12 14,872.40 14.872_40
10/9/12 1544531 15,64581
11/8/12 15,038.04 1603404
12/10/12 14,2001.21 14,201.21
1/9/13 14,594.03 14,594.00
2/8/13 13,897.23 13.397.73
3/8/13 13,251.21 13,251.21
3,113,595.17 781,934.22
Soto 4 ,.. 52939 .
3895
FTC Punted 510,000,000 m Beer &sure Asset Boded Securities on 11/29,06
DistrItscrAms ere hosed on maturing assets
NOTE k (represents 2 month; pa Dorothy OrldskT)
NOTE B: (eu0it adjumnent h portnerstip)
EFTA01119048