From: Jes Staley ‹ >
To: 'Jeffrey Epstein' <jeevacation@gmail.com>
Sent: 9/29/2010 9:50:09 PM
Subject: RE:
A very wide range. The low end being our formula of 12 times a pretax income derived only from management
fees, with a deal to leave carry mostly to the sellers in the early years. To the price paid for GLG which was a high
teen multiple of NI, including carry.
Call if you are up. I am back in the office.
From: Jeffrey Epstein [mailto:jeevacation@gmail.com]
Sent: Wednesday, September 29, 2010 6:50 AM
To: Jes Staley
Subject:
ghat is the currrent purchase formula for a 2 and twenty distress fund,,, approx 1.5 under magamt
************************************* *************** *******
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
Jeffrey Epstein
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©wriail.com, and
destroy this communication and all copies thereof.
including all attachments.
SDNY_GM_00077966
Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00001093
EFTA_00188434
EFTA01300763