EFTA01374378

From: Stewart Oldfield Sent: 4/21/2017 3:10:33 PM To: Richard Kahn CC: Audie Apple ; Vahe Stepanian Subject RE: catching up/risk premia investing I Copying in Audie. We are wide open Monday after 2. Shall we schedule a time? Thanks From: Richard Kahn [mailto Sent: Friday, April 21, 2017 1:47 PM To: Stewart Oldfield Cc: Vahe Stepanian Subject: Re: catching up/risk premia investing sounds great monday / wednesday best for me next week thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax cell On Apr 21, 2017, at 1:44 PM, Stewart Oldfield < > wrote: Rich, I'm just back from 10 days in Maui with a whole set of recommendations for you. You're going to have an awesome time. Do you have time to chat next week about risk premia investing? Think of it as systematic trading to extract risk premia (curve structure, volatility, etc.) across asset classes. Basically what most hedge funds do, but in a more liquid and transparent fashion and with lower fees. It might appeal to JE since he could tailor the investment strategies and employ efficient leverage or portfolio hedging alongside. I would like to get you on the phone with Audie Apple from our team to give you a better overview and see if makes sense to try to advance the discussion on your side. Hope all is well. Stew <image003 png> Stewart Oldfield, CFA, CAIA CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069032 CONFIDENTIAL SDNY_GM_00215216 EFTA01374378