Epstein Files Search

EFTA00803405Set 9

2017-03-3043p16,141w

ITEM 1 Cover Page PART 2A OF FORM ADV: FIRM BROCHURE HONEYCOMB ASSET MANAGEMENT LP March 2018 Honeycomb Asset Management LP 645 Madison Avenue, 16'h Floor New York ... This brochure provides information about the qualifications and business practices of Honeycomb Asset Management LP. If you have any questions about the contents ofthis brochure, please contact ... Exchange Commission (the "SEC") or by any state securities authority. Additional information about Honeycomb Asset Management LP also is available on the SEC's website at www.adviserinfo.sec.gov. Registration with

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803405.pdf

EFTA00803491Set 9

24p4,939w

prior to the delivery of a definitive recipient without the prior written consent of Honeycomb Asset Management LP (the "Investment Manager"). offering memorandum (the "Memorandum") which will contain additional information ... into without limitation of any kind. the tax treatment and tax structure of: (i) Honeycomb Master Fund LP (the "Master account the particular investment objectives or financial circumstances ... specific person who may receive it and Fund"). Honeycomb Intermediate Fund LP (the "Intermediate Fund"), Honeycomb Offshore Fund Ltd. (the "Offshore is qualified in its entirety by the Memorandum

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803491.pdf

EFTA00803464Set 9

2018-07-179p4,276w

HONEYCOMB ASSET MANAGEMENT July 17, 2018 Dear Rich: Below please find Honeycomb's O2 2018, Year To Date, and Inception To Date Fund performance since our institutional launch. Performance — Gross ... Inception To Date O2 2018 Year To Date (July'16-Jun*18) Honeycomb Class A (gross) 8.6% 11.3% 46.2% Honeycomb Class A (net) 6.9% 9.0% 36.2% Honeycomb Class B (gross ... Honeycomb Class B (net) 7.0% 9.2% 37.2% Internal capital anchored our June 2016 soft launch which also ricluded select friends and family capital. The Fund's June 2016 net performance

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803464.pdf

EFTA00807328Set 9

2019-03-0717p4,330w

HONEYCOMB ASSET MANAGEMENT HONEYCOMB ASSET MANAGEMENT LP Potential Opportunity: BUY Peloton PELOTON Price Target (June 2020): $38 / +60% Price Target (June 2021): $53 / +126% Purchase Price: $23.58 March ... STRICTLY CONFIDENTIAL. NOT FOR DISTAIOVRON EFTA00807328 IMPORTANT LEGAL DISCLOSURE HONEYCOMB ASSET MANAGEMENT The case study presented herein regarding a potential investment in Patton Interactive. Inc. ("Peloton") has been provided ... person other than the authorized recipient without the prior written consent of Honeycomb Asset Management LP (the "Investment Manager"). The case study is not intended to provide any certainty

https://www.justice.gov/epstein/files/DataSet%209/EFTA00807328.pdf

EFTA00803455Set 9

2018-10-184p2,553w

HONEYCOMB ASSET MANAGEMENT October 18, 2018 Dear Rich, Below please find Honeycomb's 3Q 2018, Year To Date, and Inception To Date Fund performance. Performance — Gross and Net' Inception ... Date 3Q 2018 Year To Date (July'16-Septi8) Honeycomb Class A (gross) 4.4% 16.1% 52.6% Honeycomb Class A (net) 3.6% 12.9% 41.1% Honeycomb Class B (gross ... Honeycomb Class B (net) 3.7% 13.2% 42.2% Internal capital anchored our June 2016 soft launch which also eicluded select friends and family capital. The Funds June 2016 net performance

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803455.pdf

EFTA00803489Set 9

2019-03-062p836w

Confidentiality Agreement March 6, 2019 [INVESTOR INFORMATION] Honeycomb Asset Management LP ("Honeycomb") or one or more of its employees, partners, representatives, agents or advisers may from time to time provide ... investment by Recipient or its affiliates in funds and/or accounts managed or advised by Honeycomb or its affiliates (the "Funds"), including an investment through such funds in shares of Peloton ... hereof. The term "Confidential Information" includes, without limitation, (i) confidential and proprietary information of Honeycomb whether prepared by Honeycomb or on its behalf (including related to its investment and business

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803489.pdf

EFTA00803459Set 9

2019-01-155p2,905w

HONEYCOMB ASSET MANAGEMENT January 15, 2019 Dear Rich, Below please find Honeycomb's 4O 2018, Full Year 2018, and Inception To Date Fund performance. Performance — Gross and Netl Inception ... Date 4O 2018 Full Year 2018 (July'16-Dec'18) Honeycomb Class A (gross) -8.3% 6.5% 39.9% Honeycomb Class A (net) -6.8% 5.2% 31.4% Honeycomb Class B (gross ... Honeycomb Class B (net) -6.7% 5.6% 32.6% Internal capital anchored our June 2016 soft launch which also ricluded select friends and family capital. The Fund's June 2016 net performance

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803459.pdf

EFTA00803557Set 9

2017-07-0571p34,778w

Honeycomb Ventures I LP Subscription Documents General Partner: Honeycomb Advisors, LLC 645 Madison Avenue 16'h Floor New York, NY 10022 DOC ID - 26358443.8 EFTA00803557 INVESTMENT PROCEDURES Prospective investors should ... adequate anti-money laundering documentation if requested, by one of the following methods to Honeycomb Advisors, LLC (the "General Partner") no later than three business days prior to the date ... subscription: 1. Send via e-mail to 2. Send via mail to: Honeycomb Ventures I LP 645 Madison Avenue 16th Floor New York, NY 10022 Attention: Dominique Ahumada

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803557.pdf

EFTA00603445Set 9

5p2,914w

HONEYCOMB ASSET MANAGEMENT July 19. 2017 Dear Honeycomb Partners: Below please find Honeycomb's O2 2017. Year To Date (YTD), and Inception To Date (ITD) Fund performance since our July ... Gross and Nee Inception To Date O2 2017 Year To Date (Last Twelve Months) Honeycomb Class A (gross) 3.3% 15.3% 20.0% Honeycomb Class A (net) 2.7% 12.2% 15.9% Honeycomb Class ... gross) 3.3% 15.5% 20.5% Honeycomb Class B (net) 2.7% 12.4% 16.3% Internal capital anchored our June 2016 soft launch which also included select Mends and family capital. The Funds June

https://www.justice.gov/epstein/files/DataSet%209/EFTA00603445.pdf

EFTA00604465Set 9

2017-07-0571p34,740w

Honeycomb Ventures I LP Subscription Documents General Partner: Honeycomb Advisors LLC DOC ID - 26358443.8 EFTA00604465 INVESTMENT PROCEDURES Prospective investors should read the Limited Partnership Agreement of the Partnership and this ... adequate anti-money laundering documentation if requested, by one of the following methods to Honeycomb Advisors, LLC (the "General Partner") no later than three business days prior to the date ... subscription: 1. Send via e-mail to 2. Send via mail to: Honeycomb Ventures I LP Attention: Dominique Ahumada If you send your completed subscription documents and any supporting documentation

https://www.justice.gov/epstein/files/DataSet%209/EFTA00604465.pdf

EFTA00807317Set 9

2019-02-0511p1,671w

HONEYCOMB ASSET MANAGEMENT E. Potential Opportunity: BUY Peloton 0 PELOTON Price Target (YE20): $42 / +91% Risk Price (YE20): $14 / -34% Risk / Reward: 2.7x Current Price: $22 February ... STRICTLY CONFIDENTIAL NOT FOR DISTRIBUTION I EFTA00807317 OVERVIEW HONEYCOMB I Peloton: It's the Tesla + Netflix of Fitness ASSET MANAGEMENT WHY BUY PELOTON? • Offering: With a leading hardware, software ... churn subscription component driving value creation STRICTLY CONFIDENTIAL NOT FOR DISTRIBUTION EFTA00807318 PELOTON OVERVIEW HONEYCOMB Disruptive hardware, software, and media-integrated fitness offering ASSET MANAGEMENT • Fitness-focused business, currently centered

https://www.justice.gov/epstein/files/DataSet%209/EFTA00807317.pdf

EFTA00614659Set 9

2015-03-0942p11,174w

LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP DOC ID • 26354060.5 EFTA00614659 TABLE OF CONTENTS Page ARTICLE I GENERAL PROVISIONS Section 1.01 Formation 1 Section 1.02 Fund Name and Address ... Section 14.15 Entire Agreement 37 DOC ID • 26354060.5 III EFTA00614662 LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP This Limited Partnership Agreement is made and entered into as of June ... among the undersigned Persons and shall hereafter govern Honeycomb Ventures I LP (the "Fund"). Capitalized terms used in the preamble and recitals of this Agreement and not otherwise defined therein

https://www.justice.gov/epstein/files/DataSet%209/EFTA00614659.pdf

EFTA00614617Set 9

2015-03-0942p11,172w

LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP DOC ID • 26354060.5 EFTA00614617 TABLE OF CONTENTS Page ARTICLE I GENERAL PROVISIONS Section 1.01 Formation 1 Section 1.02 Fund Name and Address ... Section 14.15 Entire Agreement 37 DOC ID - 26354060.5 iii EFTA00614620 LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP This Limited Partnership Agreement is made and entered into as of June ... among the undersigned Persons and shall hereafter govern Honeycomb Ventures I LP (the "Fund"). Capitalized terms used in the preamble and recitals of this Agreement and not otherwise defined therein

https://www.justice.gov/epstein/files/DataSet%209/EFTA00614617.pdf

EFTA01047269Set 9

2017-07-062p343w

From: Richard Kahn To: "Jeffrey E." <jeevacation@gmail.com> Subject: Fwd: Honeycomb Ventures I LP - Richard Kahn Date: Thu, 06 Jul 2017 17:08:04 +0000 Attachments: Exhibit_B_-_Honeycomb_Spotify_Risk_Factors.pdf; Honeycomb_Ventures ... Subscription_Agreement.pdf; Honeycomb_Ventures_- Limited Partnership_Agreement.pdf; Honeycomb Part 2A of Form_ADV_- _March_i017.pdf; Cover Memo -_Kahn,_Richard7pdf; Exhg3it:A_- Honeycomb_Spotify_Case_Stucty_-_Kahn.pdf Inline-Images: image001jpg david fiszel called ... said you wanted to invest $1mm in spotify via honeycomb please confirm ok and i will have darren read docs thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue

https://www.justice.gov/epstein/files/DataSet%209/EFTA01047269.pdf

EFTA01040974Set 9

2017-07-073p1,008w

From: "Jeffrey E." <jeevacation@grnail.com> To: Richard Kahn Subject: Re: Honeycomb - Spotify Date ... Richard Kahn < wrote: i just reviewed with Vick (honeycomb GC) david (honeycomb) is not getting shares direct as they are hard to come by an existing investor on cap table ... david vehicle 10% (vs 20% we would pay if done inside of honeycomb) no management fees from either vehicle please advise if i should commit for $1,000,000 that

https://www.justice.gov/epstein/files/DataSet%209/EFTA01040974.pdf

EFTA00803515Set 9

2015-03-0942p18,911w

LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP DOC ID • 26354060.5 EFTA00803515 TABLE OF CONTENTS Page ARTICLE I GENERAL PROVISIONS Section 1.01 Formation 1 Section 1.02 Fund Name and Address ... Section 14.15 Entire Agreement 37 DOC ID • 26354060.5 III EFTA00803518 LIMITED PARTNERSHIP AGREEMENT OF HONEYCOMB VENTURES I LP This Limited Partnership Agreement is made and entered into as of June ... among the undersigned Persons and shall hereafter govern Honeycomb Ventures I LP (the "Fund"). Capitalized terms used in the preamble and recitals of this Agreement and not otherwise defined therein

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803515.pdf

EFTA00654713Set 9

2017-07-073p911w

From: Richard Kahn To: "Jeffrey E." <jeevacation@gmail.com> Subject: Fwd: Honeycomb - Spotify Date: Fri, 07 Jul 2017 20:51:04 +0000 i just reviewed with Vick (honeycomb GC) david (honeycomb ... david vehicle 10% (vs 20% we would pay if done inside of honeycomb) no management fees from either vehicle please advise if i should commit for $1,000,000 that ... fees are payable to that third party which will invest in spotify for the Honeycomb fund. I am also not sure if there are any special relationships and payments exchanged

https://www.justice.gov/epstein/files/DataSet%209/EFTA00654713.pdf

EFTA01041604Set 9

2017-07-052p327w

From: Richard Kahn • To: "Jeffrey E." <jeevacation®gmail.com> Subject: Fwd: Honeycomb Ventures I LP - Richard Kahn Date: Wed, 05 Jul 2017 22:14:13 +0000 Attachments: Exhibit_B_-_Honeycomb_Spotify_Risk_Factors.pdf; Honeycomb ... Ventures_- _Subscription_Agreement.pdf; Honeycomb_Ventures_- Limited Partnership_Agreement.pdf; Honeycomb Part 2A of Form_ADV_- _March_i017.pdf; Cover Memo -_Kahn,_Richard7pdf; Lhg3it:A_- Honeycomb_Spotify_Case_Stucty_-_Kahn.pdf Inline-Images: image00 1 jpg please ... York NY 10022 tel fax cell Begin forwarded message: From: Vick Sandhu Subject: Honeycomb Ventures I LP - Richard Kahn Date

https://www.justice.gov/epstein/files/DataSet%209/EFTA01041604.pdf

EFTA00809635Set 9

2018-05-222p430w

HONEYCOMB ASSET MANAGEMENT May 22, 2018 Re: In-Kind Distribution from Honeycomb Ventures I LP (the "Fund") Dear Southern Trust Company, Honeycomb Asset Management LP (the "Honeycomb-) is making ... distribution of Spotify Technology S.A. ("SPOT-) pursuant to and in compliance with Honeycomb Ventures I LP's Limited Partnership Agreement (the -Agreement"). All capitalized terms not otherwise defined in this ... contact us with any questions. Thank you for your continued support of Honeycomb. Best regards, The Honeycomb Team DOC II) - 27822748.2 EFTA00809635 HONEYCOMB ASSET MANAGEMENT DISTRIBUTION DETAILS If applicable, Morgan

https://www.justice.gov/epstein/files/DataSet%209/EFTA00809635.pdf

EFTA00803630Set 9

2018-04-302p536w

HONEYCOMB ASSET MANAGEMENT April 30, 2018 Dear Investor: We are contacting you regarding your investment in Honeycomb Ventures I LP (the "Fund"), which invested in Spotify Technology S.A. ("Sootily ... know, under the Limited Partnership Agreement of the Fund (the "LPA"), Honeycomb Asset Management LP ("Honeycomb") may distribute shares in cash or in-kind. All terms used but not defined ... receive the completed and executed In-Kind Election Form in accordance with these instructions, Honeycomb may deem you not to have made any election and distribute proceeds

https://www.justice.gov/epstein/files/DataSet%209/EFTA00803630.pdf