Subject: Notice of Departure
From: "David Paulsson" <[email-masked]>
To: <[email-masked]>
Date: Wed, 15 Jul 2015 11:43:42 -0400

Dear Hunter,
I'm writing to let you know that Friday will be my last day with Paragon Outcomes. After four great years here, I have decided to put out my own shingle, sourcing and structuring alternative investments.
Paragon has been hugely supportive, and I look forward to continuing to build on this relationship over time. I will be reaching out to you in the coming weeks, but in the meantime you can always reach me at [email-masked]<mailto:[email-masked]>. If I am your main point of contact for Paragon, the most direct way to reach the firm going forward will be to email Tom Hollins, Principal, at [email-masked]<mailto:[email-masked]>.
Best regards,
Dave

David Paulsson, CFA, CAIA
Portfolio Manager

<http://www.paragonoutcomes.com/>

509 Madison Ave, Suite 606 | New York, NY 10022
Work:      +1 646 619 8701
Fax:        +1 646 747 8878
[email-masked]<mailto:[email-masked]>

________________________________
This communication and any information transmitted herewith is intended only for the person or entity to which it is addressed and may contain confidential and/or privileged material. Any review, retransmission, dissemination or other use, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient is prohibited. If you received this communication in error, please contact the sender immediately and delete the material from any computer on which it may be stored.

The information contained herein is not for distribution and does not constitute an offer to buy or sell, or the solicitation of any offer to buy or sell, any security to any person in any jurisdiction in which such offer, purchase, sale or solicitation is prohibited. Any reference in this communication to an investment in a private investment vehicle is subject to and qualified in its entirety by reference to the offering documents and other materials for such vehicle. Paragon Outcomes Management, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply any particular skill or training. Thank you.