From: Neal Berger To: [email protected] Subject: Eagle's View Capital Management, LLC- December 2015 Performance Update... Date: Mon, 18 Jan 2016 16:09:04 +0000 Eagles View Capital Management. LLC December 2015 Performance Update Jan. 18, 2016 Year-end Recap 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 flat for December with YTD performance estimated at +5.04% net of all fees and expenses. Performance of Eagle's View Offshore Fund, Ltd. Class G is estimated at +0.50% for December with YTD performance estimated at +3.08% net of all fees and expenses. Performance of Eagle's View Offshore Fund, Ltd. Class B ("High Alpha") is estimated at -0.10% for December with YTD performance estimated at -0.23% 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 of higher returns. For the full year 2015, we believe Eagle's View performed within the boundaries of expectations, although, toward the lower end of our anticipated and desired profile. Relatively speaking, we did well, however, we are not a Firm that emphasizes relative performance both on the upside or on the downside. Our goal is to generate a truly non- correlated source of alpha over a reasonable horizon, therefore, performance relative to other mainstream and alternative investments is not overly relevant as far as we are concerned. We believe our return profile is driven more by the opportunity set of inefficiencies we seek to capitalize upon and the manner in which they manifest. Considered over a reasonable horizon, we believe our returns should exhibit an idiosyncratic profile. EFTA01138022