From: Neal Berger To: [email protected] Subject: Eagle's View Capital Management, LLC- October 2014 Performance Update... Date: Mon, 10 Nov 2014 00:32:07 +0000 Eagles View Capital Management LLC October 2014 Performance Update Nov 9, 2014 The Month Long Flash Crash Click here to view our most recent investor tearsheet Dear Partners/Friends, Eagle's View Capital Partners, is estimated at -0.65% for the month of October with YTD estimated at +8.69% net of all fees and expenses. Eagle's View Offshore Fund, Ltd. Class G is estimated at -0.30% for October with YTD 2014 performance estimated at +8.83% net of all fees and expenses. Eagle's View Offshore Fund, Ltd. Class B ("High Alpha") is estimated at -1.70% for October with YTD (Inception April '14- Oct. '14) estimated at +2.96% 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. Although Eagle's View seeks to maintains no explicit long (or short) volatility exposure, we have often mentioned that we believe Eagle's View should perform better during more normalized or higher volatility environments whereby market inefficiencies tend to be more pronounced and robust. We believe this is the case and our modest loss for October does not negate our belief. With that said, we have no way of knowing if our strategies or Managers will make money during any brief window of time and particularly during the start of a distressed and chaotic market environment. In fact, at the outset of a chaotic environment, seemingly intelligent positions can go against our Managers during the initial phase, however, we believe our Managers will take advantage of the chaotic market environments putting on positions that have become dislocated