Subject: Question
From: Paul Barrett ‹ >
Date: Fri, 06 Oct 2017 13:50:31 -0400
To: Martin Zeman
Cc: Stewart Oldfield
Martin
My question for Sebastian regards the definition of a Financial Entity. My
understanding of a Private Fund is typically a hedge fund or private equity
fund. Southern Financial LLC is wholly owned by the Principal and does not
take outside money. The sole purpose is to hold some of his assets.
Therefore we are inclined to say that we are not a Private Fund and
therefore not a Financial Entity for the purpose of the Swap Protocol.
Please let me know if my understanding of a Private Fund is correct.
Thanks
Paul
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
EFTA01438169
EFTA01438170