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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01393468: Professional (DS10)

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This document is an excerpt from investment material marked 'STRICTLY CONFIDENTIAL FOR INVESTMENT PROFESSIONAL.' It discusses portfolio risk management, noting that managers took on excessive risk and lost substantial amounts of investors' money. The document references iCapital but provides no specific names, dates, amounts, or case-related information.

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managers took on too much risk in their portfolio and lost a substantial amount of their investors' money. iCapital STRICTLY CONFIDENTIAL FOR INVESTMENT **PROFESSIONAL**

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