From: Neal Berger To: [email protected] Subject: Eagle's View Capital Management, LLC- June 2014 Performance Update... Date: Sun, 13 Jul 2014 15:45:22 +0000 Eagles View Capital Management LLC June 2014 Performance Update July 13, 2014 Eagles View's Customized Advisory Services Click here to view our most recently updated tearsheet Dear Partners/Friends, Eagle's View Capital Partners, L.P. is estimated at +0.90% for the month of June with YTD 2014 estimated at +7.45% net of all fees and expenses. Eagle's View Offshore Fund, Ltd. Class G is estimated at +0.58% for June with YTD 2014 performance estimated at +6.53% net of all fees and expenses. Eagle's View Offshore Fund, Ltd. Class B ("High Alpha") is estimated at +2.08% for June with YTD (April-June '14) estimated at +3.43% 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. As June 30th marks the mid-year point for 2014, we are pleased with both our absolute and risk-adjusted performance. We believe our current performance is in line with what investors should expect from our products over the long-term. 2014 has had some pockets of volatility and a bit more 2-way action which has allowed us to take advantage of the market inefficiencies that this has presented within the various markets in which we operate. Furthermore, we've been steering our portfolios in a manner which we expect will allow us to deliver robust returns even during low volume, lower volatility type of environments similar to what we have experienced over the past few years. We've accomplished this not by buying or selling volatility outright of course, rather, we've reduced or cut exposure to those strategies that are most sensitive to more robust volatility environments as we are not in the business of predicting if or when more "normalized" volatility will return to mainstream m