EFTA Document EFTA01374073

AGP LP 519 Alpha Group Capital Paul Barrett Asymmetric Upside/Downside Participation January-1998 to December-2016 Combination of strong double Alpha and net-long bias has resulted in significant upside participation and limited downside participation over time periods greater than one year. AGS average annual return % AGS average annual return % captured vs. MSCI World captured vs. MSCI AC World Down 16% Up 141% • 0% 50% 100% sot 20(1% 250% Down I7% Up 0% 137% 50% 100% Lsoie 200% ISM Source: Index performance information is from Bloomberg. Over short periods of time. e.g. monthly periods, Alpha generation is more limited. In particular, during short periods of sharp corrections, such as August 2011, heightened correlation may limit near-term Alpha generation. Fa complete cisclamer. please see lost pages of presentation. Index returns have been included to show the genera trend in certain motets for the period noted. The inclusion of any index does not imply that the AGS is comparable to any index in composition or element of risk. The MSCI World & MSCI AC World tracks the performance of the equity securities of a representative sample of over 4,000 companies from developed and emerging markets worldwide. Past performance is not indicative of future returns. ALKEON CAPITAL MANAGEMENT Private & Confidential Page 13 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0068596 CONFIDENTIAL SDNY_GM_00214780 EFTA01374073