From: David Stern To: Jeffrey Epstein <[email protected]> Subject: Re: Date: Fri, 25 Feb 2011 13:59:44 +0000 I am in final completion stage for the healthcare deal with Informa plc for Asia Gateway (China) in Beijing - therefore there can be no official JPM involvement there. My UK company currently trading under Asia Gateway Ltd. will get a change of name (to be decided which name) and will be my UK private company for PA etc. affairs. I will set up a new China company (name to be decided, similar to UK company name) that will be owned by a new Hong Kong holding company (name to be decided). Both these companies - UK & China - can be the strategic partners of JPM with board seat, accountancy handled by them, and full transparency ? Arrangement including both? I. DS employed by JPM to be CEO of "Special Situations Group" 2. DS Director of his private Co in UK & China which has strategic partnership with JPM. To answer your question: to give me strongest position in China, a strategic partnership between my Co and JPM would be ideal. Can we base this model on JPM / Highbridge strategic partnership ? In late 2004, Morgan Asset Management purchased a majority interest in Highbridge, creating one of the first and most significant strategic alliances in the hedge fund industry to-date. In July 2009, J. P. Morgan Asset Management completed its purchase of substantially all remaining shares of the firm -- a transaction that remains at the vanguard of the institutionalization of the hedge fund industry. Following the success of the Highbridge / Morgan strategic partnership, Highbridge announced in October 2010 the purchase of a majority interest in Gavea Investimentos, one of Brazil's leading alternative asset management firms. With headquarters in Rio de Janeiro and offices in Sao Paulo, Gavea brings over 100 employees to its partnership with Highbridge. On 25 Feb 2011, at 13:18, Jeffrey Epstein wrote: the concern is that asia gateway, could