| Subject: | t/c with counsel for Honeycomb Asset Management |
| Date: | Sun, 18 Aug 2019 03:19:34 +0000 |
Reed Brodsky¶
Stephanie Brooker¶
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reaching out on behalf of client, longtime, looking for guidance
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currently holding funds for entities linked to Epstein and Richard Khan
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trying to ensure there’s access to funds; wanted to reach out before returning funds
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in an abundance of caution, especially if we’re not aware of the
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Asset Management, Honeycomb Asset Management
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forced the liquid investment to be redeemed
o have to get out¶
- Southern Trust
○ Liquid:¶
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Honeycomb has approximately $70 million, just liquid, for the benefit of Southern Trust
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$1M in liquid funds, for benefit of Khan and his spouse
○ Illiquid:¶
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2013 Butterfly Trust, value depends on when the entity goes public, anticipation of a much higher value
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private company investment by limited partnership, expected to go public this fall
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Khan, Indyk, and Maxwell are beneficiaries
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gave a similar exit notice to Khan
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contours of how the money could be kept there? through court order? our request? can they hold onto it? etc.
○ [[they’ll look into it and get back to us]]¶
- Epstein and Khan were investors; there are other investors
Assistant U.S. Attorney Southern District of New York¶
EFTA00068100¶