EPSTEIN
page 4 / 361 . OCR, unverified
Attachments: Boothbay_July_2017_Fact_Sheet.pdf
Dear Jeffrey,
Please find attached our monthly tear sheet that includes net returns, exposures and a general fund overview. As
always, please reach out with any comments or questions.
Boothbay is a differentiated multi-strategy hedge fund, which seeks to generate absolute returns with low volatility
and low correlations to traditional asset classes through all market conditions
2017
July
YID
I I I)
Sharpe ITD*
Boothbay Absolute Return Strategies, •
0.80%
4.26%
21.03%
2.24
HFRX : Equity Market Neutral
0.51%
1.22%
3.78%
0.26
HFRX : Absolute Return
0.48%
1.86%
4.03%
0.59
HFRX : Global Hedge Fund
0.93%
3.51%
-0.12%
-0.11
S&P 500
1.93%
10.34%
26.02%
0.74
Best regards,
Freddie
Frederick Richardson
Boothbay Fund Management
810 Seventh Avenue, 6th Floor
New York, NY 10019
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EFTA00635057
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From: Lany Visoski <IIMIMM>
To: Je vacation ‹.
Subject: Fwd: BBJ offer
Date: Wed, 09 Aug 2017 13:22:47 +0000
From Bob,.
Sent from my iPhone
Begin forwarded message:
From: Robert Peerless
Date: Au ust 9, 2017 at 9:16:56 AM EDT
To: "
Cc: Alexandre Lombard
Subject: BBJ offer
Dear Larry,
Good morning. I see you are up bright and early as usual. I applaud your loyalty and keen sense of hard work
for your employer.
Where to start
Larry first off I would never respond to a one word "would you take " style offer.
Apologies that's just me. After I notched my 33rd BBJ sale yesterday , I must tell you in all honestly , I operate
on a much more professional basis. Please remember that I do represent the Owner of this aircraft on an
exclusive basis and I have their full trust and confidence in the sale of the product.
Next , for sure this Offer is far too low to be considered seriously AND for sure why would an owner ever
entertain a "parting out "style Offer from a retail client. If your Offer was sincere , and I do believe it was , you
would certainly require a pit-buy inspection , lots of airworthiness testing , long contracts and extended
closings subject to all the standard tests of a normal aircraft transaction. A spare parts dealer might only ask for
an engine / Apu borescope, a quick look-see and then he would pay for the aircraft AS/IS where is in probably
less than 5 days . This is why retail / end-user Buyers are seldom able to buy aircraft at the Spare Parts levels.
Politely put , what is the incentive for a Seller wanting to do this?? None whatsoever.
I will sell BBJ S/N 29102 in the next 14 days and for sure it will definitely sell above 10.0 million. I have been
given a golden opportunity by the owners and for sure I will make this happen.
An Offer was tendered on the BBJ last week for 10 million and it was rejected with no counter Offer at my
urging.
I'm glad you didn't go to look at the aircraft because it would just been a waste of everyone's time and most
importantly yours.
You mentioned yesterday that Mr. Epstein had a renewed interest in the Royal Jet aircraft. I would strongly
encourage you to concentrate your efforts in that direction
and I'm in total agreement that you have no
further obligation to me in that regard. The Royal Jet BBJ is a good aircraft and will certainly serve your
purpose well but for sure it will never be a better deal than our S/N 29102.
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However here's where the real issue lies. Again politely put, I think Mr. Epstein and I have quite a significant
difference in opinion on what the overall resale values of pre-owned BBJ's are. I'm certainly not saying I'm
right however I have sold more BBJ's than anyone in the world by a margin of over 2-1. I have really enjoyed
my conversations over the past several months with Mr. Epstein and I think he is a brilliant human being. I
realize only too well that he is very serious about aircraft acquisitions and for sure he will own a BBJ someday.
Larry I don't think that I can seriously help you anymore and I do sincerely wish you all the luck in the world in
acquiring a good aircraft for Mr. Epstein. Mr. Epstein is very lucky to have such a knowledgeable and
hardworking person on his team as yourself. I would love to meet you someday if your ever in the Riviera and
you have an open invitation to come and visit us.
Please extend my sincere and very best wishes to Mr. Epstein and like he said to us yesterday , it has been a
great pleasure speaking with him and trying to help educate him on the BBJ Product and the overall market in
general . Without a doubt , Mr. Epstein is one of the smartest Chairman's I have ever met , and he has a great
knowledge of aircraft and their operating characteristics.
Very good luck to you.
Best regards
Bob P.
Robert Peerless
OPUS AERONAUTICS
Le Prince de Galles
10, Avenue Grande Bretagne
MC-98000 Monaco
email: