EFTA00855410.txt

"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"

"Its ok to remove me as a member (managing director) of elysium but instead have leon delegate authority to me for managing, signing, etc. I'd leave my"

"From: Jeffrey E. <[email protected]> To: Melanie Spinella"

"Marco Masotti Head of Paul Weiss's Private Investment Funds group"

"Philip Heimowitz, counsel who specializes in 34 Act and 40 Act issues"

"I assume leon owns 100% of elysium?"

"Critical point is that this comports with jeffrey's desires/goals for tax reporting. ... I assume leon owns 100% of elysium?"

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