From: Sent: 7/5/2017 5:05:45 PM To: Stewart Oldfield Subject: RE: Virage--litigation finance (II Classification: For kiln' use only Lets sit down tomorrow morning, we can discuss a bit more. From: Stewart Oldfield Sent: Wednesday, July 05, 2017 4:54 PM To: Matt Glassman Subject: RE: Virage--litigation finance [I] I think we have quite a few people potentially interested in this. Not sure many of them have direct prior experience given the specific nature of the investment though. Third Lake — looked at seeding the broader Virage fund via JPM. Knows them well Southern Financial — generally looking for yield Tisch — open to new managers. Return profile should be interesting Willett — seeking 20% IRR, may not like the sector Slome — interested in niche managers, non-correlated Shamrock — looking for yield JL squared — fund of funds, various levels of sector expertise given other PE experience Caruso — looking for yield Safanad — has healthcare expertise and wants yield. Generally focused on operating businesses and RE Cliff Illig - knows healthcare system well Georgetown Endowment - needs yield General Atlantic - talk to Tazia Elysium - always looking for yield Blue Mountain/Feldstein — yield investor. Doesn't like paying carry MSD? Pacific Life? Can probably think of a few others as we get into it more. Happy to sit down with you and go through a broader list so you get more familiar with the names. From: Matt Glassman Sent: Wednesday, Jul 05, 2017 4:39 PM To: Stewart Oldfield < Subject: Virage--litigation finance [I] Classification: For Internal use only Starting to put together a draft list of folks interested in litigation finance/Virage deal potentially. Any of your guys come to mind who have invested in the space previously? CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0073518 CONFIDENTIAL SDNY_GM_00219702 EFTA01377006