Subject: Grosvenor
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Wed, 19 Aug 2015 14:43:53 -0400

Michael Sacks: 312-506-6501 <tel:312-506-6501> (w)

1) $100,000 upfront for annual contract for advisory work to RSA/Burnham.   Includes general policy advice, etc. - I would offer to provide them with the Burnham Emerging Manager research product as well.  Haven’t cleared that with anyone but I think Andrew would be fine with it.  Typically, they sell it for $40K a year I believe.
2) $12,500 (to be honest could be $10,000) a month for one year (plus success fee) to RSPI for capital raising services.  Amount can be clawed back against any success fees.   We would identify three initial large targets - e.g., Western Conference of Teamsters, QIA, UAE and make introductions for them at high level (Rome Aloise, Ambassadors).  My understanding is that those are three groups they are having some trouble with.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
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