Subject: Yo
From: <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Thu, 10 Jun 2010 00:06:43 +0000

Excellent progress at #*S for most of the day today.  Spent time in the vault and have a pretty good understanding of the product at this point.  Definitely clear they want to evolve quickly into managing our own fund as opposed to the bloomberg model.  We gave some push back that we could do both.  All interesting and a giant elephant.  They're all in.  Signed and NDAs and finalized MOU.  Travel safe.

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