EFTA00855271.txt

"Leon would be the sole Member and Managing Director. ... LDB (sole member/managing director) contributes cash to Elysium"

"Elysium Management LLC, rather than Leon should be the sole member of AP Investco."

"Brad as CEO of Elysium could handle investments. ... Brad would no longer be a Managing Director of Elysium but would become an officer (CEO)"

"i think brad should trade under a poa limited to trading leons personal account .. and get it done"

"i think brad should trade under a poa limited to trading leons personal account"

"Alan will go ahead and draft a very simple LLC agreement as well as the documentation need to accomplish 2 above."

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

"it is not clear that we fall outside the Apollo trading policy. ... Apollo's personal trading restrictions can be satisfied by having the CEO of Elysi"