To: Jeffrey epstein (jeeyacation@gmail.coni)[jeffrey epstein (jeeyacation©gmail.com)];
jeeyacation@gmail.com[jeeyacation@gmail.com]
From: Boris Nikolic
Sent: Thur 3/13/2014 9:09:10 PM
Subject: FW: dinner tmw
This is really your expertise — leverage!!!
I was talking yesterday with Veronica re fund and she is urging me to construct a leverage and borrow
more money so I can put more money in.
This is how she did it in a fund with Jorge and few other investors — they borrowed her money so her
exposure went up.
It would be almost impossible to go to Bill — or not?
To Yuri?
Could I leverage FMI?
Please lees discuss
Will tell you more when we talk.
Thank you so much for last night — she really liked you — BUT what is there not to like ;)
B
Fro
Sent: Thursday, March 13, 2014 8:49 AM
EFTA_R1_00380227
EFTA01930289
To: Boris Nikolic
Subject: Re: dinner tmw
Yes, I think there might be time in boston, let's plan for that if you are there too. As for leverage,
here is the way it works:
I. You commit 5M investment and subscribe shares of the fund
2. Each core investor makes you a loan of 5M
3. You total exposure to the fund is 20M
- this puts more skin. In the game for you and investor will like the alignment, it shows your
commitment
- you will make more money if the fund performs, so you re in. Performance. business, not a fee
business.
- as an LP investor, you will py mgmt fee as all investors, they will like that
4. You provide the quotas of the fund that the loan subscribed as a guarantee for the loan (just as
if you bought a house with a Loan, that house is a guarantee for who made you the loan). As a
counter guarantee, if they ask for it, you can provide the quotas subscribed by your 5M. No other
guarantee shall be given.
If you need help this let me know, including mentioning tht this is used in other fund tht more
look like a partnership, aligning interests of LFs and GP's.
Xoxo
Sent via my BlackBerry® device from Claro
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