From: Neal Berger To: [email protected] Subject: Eagle's View Capital Management, LLC- July 2016 Performance Update... Date: Sun, 14 Aug 2016 13:36:32 +0000 Eagles View Capital Management, LLC July 2016 Performance Update August 14, 2016 Spearhead Insurance Solutions IDF Series E/Eagle's View Insurance Dedicated Fund Dear Partners/Friends, Click here to view our most recent monthly investor tearsheet Performance of Eagle's View Capital Partners, L.P. is estimated at -1.17% for July with YTD performance estimated at -2.86% net of all fees and expenses. Performance of Eagle's View Offshore Fund, Ltd. Class G is estimated at -0.22% for July with YTD performance estimated at -3.71% net of all fees and expenses. Performance of Eagle's View Offshore Fund, Ltd. Class B ("High Alpha") is estimated at -0.99% for July with YTD performance estimated at -4.67% net of all fees and expenses. This Share Class seeks to generate substantially higher returns through a more concentrated portfolio of some of our historically higher return opportunities. Investors in this Class should have a willingness to accept increased volatility and risk in exchange for the potential for higher returns. Eagle's View Capital Management, LLC is sub-advising the Spearhead Insurance Solutions IDF Series E/Eagle's View Insurance Dedicated Fund. We are going to report estimated monthly and YTD performance of this portfolio (excluding insurance costs/charges) going forward. Performance of Spearhead Insurance Solutions IDF Series E/Eagle's View Insurance Dedicated Fund is estimated at -0.91% for July with YTD performance estimated at -1.23%. According to the Hedge Fund Law Report, Insurance dedicated funds (IDFs) are hedge funds offered exclusively to insurance companies and indirectly capitalized by the insurer's life insurance or annuity policyholders. Variable universal life insurance enables policy purchasers to invest the cash values of their policies in different EFT