EFTA00855435.txt

"From: Jeffrey E. <[email protected]> To: Melanie Spinella Subject: Fwd: Re AP Investco Date: Tue, 02 Jun 2015 20:22:43 +0000"

"you would be removed as a Managing Director of Elysium and instead be appointed as an officer with day-to-day operating authority."

"Elysium Management LLC, rather than Leon should be the sole member of AP Investco. Phil feels that Investco should be a wholly owned subsidiary of the"

"I spoke this morning with Alan and Marco Masotti Head of Paul Weiss's Private Investment Funds group and Philip Heimowitz... They propose the followin"

"It is the property of JEE"

"I assume leon owns 100% of elysium?; Leon would be the sole Member and Managing Director."

"avoid violating the Apollo compliance rules by using the certification Cindy Michel sent."

"Critical point is that this comports with jeffrey's desires/goals for tax reporting."

"Cc: Richard Joslin; Jeffrey Epstein; Alan S. Halperin; Alan will go ahead and draft a very simple LLC agreement"