EFTA Document EFTA01795357

From: Staley, Jes < Sent: Monday, February 28, 2011 9:43 PM To: 'Jeffrey Epstein' Subject: RE: fyi Do you know him From: =effrey Epstein [mailto:jeevacation@gmail.com] Sent: Monday, F=bruary 28, 2011 4:19 PM To: Staley, Jes Subject: fyi Forwarded message From: Bori= Nikolic =p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt=auto'>B https://www.ubs.com/1/e/media_overview/media_globa=/releases.html?newsld=188885 <https://www=2Eubs.com/1/e/media_overview/media_global/releases.html?newsld=18888=> UBS Private Bank=Names New Hires By KATHARINA BART4=pan> ZURICH—UBS <http://online.wsj.com/publichu=tes/main.html?type=djn&symbol=UBS> AG named the fo=mer financial head of the Gates Foundation as chief investment officer of =ts flagship private bank, one of several prominent hires at the unit, sign=ling a more assertive tone since the bank halted massive outflows of wealt=y-client funds. The Zurich-based bank said Alexander Friedman will =oin UBS on Tuesday. Mr. Friedman left The Bill and Melinda Gates Founchtion, the world's largest private philanthropy fund, early last year to st=rt private investment firm Asymmetry LLC. EFTA_R1_00130413 EFTA01795357 Before his role as chief=financial officer at the Gates Foundation, Mr. Friedman worked as a Laza=d mergers- and-acquisitions banker. At the same time, UBS has hired =ormer White House Deputy Chief of Staff Mona Sutphen and Mark Haefele, an =lternative asset manager. Ms. Sutphen, formerly a managing director at=Stonebridge International LLC who left the White House last month, will le=d macro analysis, while Mr. Haefele will be in charge of investment anal=sis. Mr. Haefele is co-founder of The Sonic Funds, a Boston-based=hedge fund. Over time, Mr. Friedman, Ms. Sutphen and Mr. Haef=le will hire a global team, the bank said. "The chief investme=t officer function will focus on wealth protection and optimized financial=returns consistent with client objectives," UBS said in a statement=2E "Friedman and his team will be responsible for defining and propos=ng appropriate investment allocations and strategies and for communicating=them across the platform." The bank declined to make the three=available for comment. "The three new joiners will initially spend =ome time familiarizing themselves with UBS, its needs and its client offer=ng before they begin delivering market observations," private banking=head hirg Zeltner said in an internal memorandum. The prominent h=res represent a more assertive tone from UBS's private bank, which last ye=r managed to stem the tide of wealthy-client outflows following more than =50 billion in mortgage-related write-downs and a messy altercation with U=2ES. justice and tax officials over tax-evasion allegations. The =ank, which under former Credit Suisse Group boss Oswald Griibel <http://to=ics.wsj.com/person/g/oswald-gruebel/1048> sw=ng to a full-year profit of 7.16 billion Swiss francs ($7.71 billion) =n 2010, settled a criminal probe in part by paying $780 million in a defer=ed prosecution agreement. A separate civil suit brought by the U.=. seeking data on thousands of UBS clients was settled when the Swiss go=ernment stepped in and ordered the handover of more than 4,000 sets of dat=. Last week, UBS named William Kennedy as new head of its investmen= products and services unit, a group set up last year to more closely tie =ts flagship private bank with the investment-banking arm. The push is em=lematic of UBS's attempts to cater to wealthier clients with more than $50=million in assets within two years. W=ite to Katharina Bart at katharina.bart@dowjones.com <mailto:katharin=.bart@dowjones.com> </=:p> =/div> The information contain=d in this communication is confidential, may be attorney-client privile=ed, may constitute inside information, and is intended only for the =se of the addressee. It is the property of Jeffrey Epstein Unauth=rized use, disclosure or copying of this communication or any part ther=of is strictly prohibited and may be unlawful. If you have received t=is communication in error, please notify us immediately by return e-=ail or by e-mail to 2 EFTA_R1_00130414 EFTA01795358 jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and a=I copies thereof, including all attachments. copyright -all rights reserved This email is confidential and subjec= to important disclaimers and conditions including on offers for the purch=se or sale of securities, accuracy and completeness of information, viruses, confidentiality, legal privilege, and legal entity disclaimers, availabl= at http://www.jpmorgan.com/pages/disclosures/email. <=p 3 EFTA_R1_00130415 EFTA01795359