EFTA00696563.txt

"From: Barry J. Cohen To: jeffrey E. <[email protected]> Subject: Re: Apollo's 2012 Post Mortem Date: Mon, 22 May 2017"

"From: Marc Rolan Sent: Monday, May 22, 2017 6:38 PM To: Barry J. Cohen Subject: ACWP: BRH Audit Update"

"Marc Rolan Apollo Global Management"

"in 2014, the IRS initiated an audit for Apollo Value Management (the management company of VIF), and, based on its records, sent notices accordingly."

"Deloitte has advised us that there is no means for any Apollo entity to contest the audit results."

"Howard Berman at Deloitte, who has led the effort."

"Maureen O'Connor, the new head of Office Services"

"ultimately to all of the partners in AP Professionals. We reviewed each partners' notice that we received and can confirm that the amounts reflect the"