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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01384645: Offshore and Structuring (DS10)

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This document describes the structure of multiple investment funds including an Offshore Fund, Levered Fund, and Partnership with substantially similar terms. It references feeder funds investing in underlying funds and mentions an individual working at Hudson Bay as a Managing Partner and portfolio manager involved in evaluating and structuring direct investments. The document outlines the hierarchical relationship between various fund vehicles.

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Although the **Offshore** Fund, the Levered Fund and the Partnership have substantially similar terms, in the future other feeder funds that invest all of
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their respective investable assets in one or more of the Underlying Funds (each such feeder fund, including the Partnership, the Levered Fund and the **Offshore**
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member of the General Partner and a Managing Partner and portfolio manager within the direct investments team at Hudson Bay where he works on evaluating, **structuring**

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