Subject: Re: Philippe Laffont
From: Charlotte GUNTHNER <[email-masked]>
To: Christian DARGNAT <[email-masked]>
Cc: Cedric O <[email-masked]>
Date: Sun, 29 Jan 2017 19:59:32 +0000

Pas pour l’instant pour ma part !

--
Charlotte, pour l’équipe d’En Marche !
J’adhère<https://en-marche.fr/adherer.html>
Je donne<https://en-marche.fr/je-donne/>
Kit de l'Engagé(e)<https://storage.googleapis.com/en-marche-fr/Territoire/EN-MARCHE-KIT-DE-L-ENGAGE.pdf>
EnMarche.fr<https://en-marche.fr/>

De : Christian DARGNAT <[email-masked]>
Date : dimanche 29 janvier 2017 à 15:43
À : Cedric O <[email-masked]>, Charlotte GUNTHNER <[email-masked]>
Objet : Fwd: Philippe Laffont

Bonjour,

Avez vous une visualisation à distance du compte AFCPEM ?

Bien à vous,
Christian

Début du message réexpédié :

De: Zachary Feingold <[email-masked]<mailto:[email-masked]>>
Objet: RE: Philippe Laffont
Date: 29 janvier 2017 15:36:06 UTC+1
À: Christian DARGNAT <[email-masked]<mailto:[email-masked]>>
Cc: Charlotte GUNTHNER <[email-masked]<mailto:[email-masked]>>

Hi Christian,
Thank you for the quick response.  I will check with our finance team, but my understanding is as follows:
•         7,500€ each from Philippe and Ana (so, 15,000€ total) to AFEMA
•         4,600€ each from Philippe and Ana (so, 9,200€ total) to AFCPEM

Is this different from your understanding?  Thank you again.

Best,
Zac

From: Christian DARGNAT [mailto:[email-masked]]
Sent: Saturday, January 28, 2017 8:52 AM
To: Zachary Feingold <[email-masked]<mailto:[email-masked]>>
Cc: Charlotte GUNTHNER <[email-masked]<mailto:[email-masked]>>
Subject: Re: Philippe Laffont

Dear Zachary,

We are ready to do so of course but the details you mention in your document are not corresponding to what has been paid to us.

So far we have received from Mr Laffont’s account the following ont he 25th of January:

- the amount transferred is 15 000€;
- the beneficial entity is AFEMA;

Please modify in such terms your document and we will complete it ASAP.

In case Mr Laffont intends to contribute to AFCPEM for 4600 €, we would send you back the form as it is for this second transfer.

Let us know,
Best,
Christian

Le 27 janv. 2017 à 21:47, Zachary Feingold <[email-masked]<mailto:[email-masked]>> a écrit :

Christian,

This is very helpful.  Thank you very much.

I have one last request.  Attached please find two letters from Philippe (one for each household contribution) that we ask you (or an authorized person) to counter-sign.  It essentially captures the information you have provided below.  It is something we need it for our records.

Thank you in advance.  Please do not hesitate to contact me with any questions.

Best,
Zac

Zachary Feingold
COATUE
Coatue Management, L.L.C.
9 West 57th Street,  25th Floor
New York, NY 10019
[email-masked]<mailto:[email-masked]>
Direct: 212-715-5160

From: Christian DARGNAT [mailto:[email-masked]]
Sent: Friday, January 27, 2017 11:54 AM
To: Zachary Feingold <[email-masked]<mailto:[email-masked]>>
Cc: Charlotte GUNTHNER <[email-masked]<mailto:[email-masked]>>
Subject: Re: Philippe Laffont

Dear Zachary,

What entities will be receiving the contributions (e.g., political party organizations,  campaign entity, etc.)?

There are two types of entities that can receive the contributions: En Marche ! (the political movement) through its financing association AFEMA, and the presidential campaign financing association of Emmanuel Macron (AFCPEM).

2.           What will the funds be used for?

The donations are used for three kind of expenses: operating costs, communication, and meetings.

3.           Are there any limitations on contribution amounts?

There are indeed some limitations. The maximum contribution to the political movement (AFEMA) is of 7500€ for a natural person (or 15000€ for a fiscal household). For the presidential campaign, the maximum donation is of 4600€ for a natural person (or 9200€ for a fiscal household).

To sum up, a natural personal can contribute up to 12100€ (or 24200€ for a fiscal household).

4.           Are there any limitations regarding contributions from non-French citizens (Ana is a Spanish citizen)?

Non-French citizens are under the same constraints as French citizens, but they can't benefit from tax reduction.

5.       Are there any limitations related to contributions from investment managers/hedge fund/private equity industry (e.g., “pay to play”)?

The only limitation we have is that we are not allowed to receive money from corporates. Only individuals can contribute, whatever their personal status is (i.e. investment managers and others are considered as any other individuals).

Best,
Christian

Le 26 janv. 2017 à 23:50, Zachary Feingold <[email-masked]<mailto:[email-masked]>> a écrit :

Hi Christian,

I am the Chief Legal Officer at Coatue, Philippe Laffont’s firm.  He has asked me to follow up with you so that we can quickly process the contribution he discussed.

Given that we are a US firm, I am not familiar with any regulations related to French political campaigns or organizations.  Would you be able to help me with the requests below?

1.       What are the entities that will be receiving the contributions (e.g., political party organizations, a campaign entity, etc.)?
2.       What will the funds be used for?
3.       Are there any limitations on contribution amounts?
4.       Are there any limitations regarding contributions from non-French citizens (Ana is a Spanish citizen)?
5.       Are there any limitations related to contributions from investment managers/hedge fund/private equity industry (e.g., “pay to play”)?

I apologize in advance for any inconvenience with this, but I just need to confirm that there are no issues before we send the funds.  Feel free to contact me at any time to discuss or if you have any questions.  Thank you in advance.

Best,
Zac

Zachary Feingold
COATUE
Coatue Management, L.L.C.
9 West 57th Street,  25th Floor
New York, NY 10019
[email-masked]<mailto:[email-masked]>
Direct: 212-715-5160

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The information contained in this message and any attachment is confidential, proprietary and may be privileged and protected from disclosure, and any mistransmission does not alter or waive the protections afforded such information. Unauthorized review, use, dissemination, printing, copying, disclosure or publication of all or any part of the contained information is prohibited without the express written consent of the sender. The sender does not endorse or guarantee the accuracy and completeness of the contained information, and neither the recipient nor any other person is entitled to rely on such information. The sender has assumed no obligation to correct or supplement the contained information. Some or all of the contained information constitutes opinion and may be based on unconfirmed communications. This is not an offer, recommendation or solicitation to buy or sell securities.

Messages sent to and from Coatue may be monitored. The sender of this email is associated with an entity that trades in securities. As a result, the sender does not wish to receive any material, non-public information regarding a public company or information provided in violation of any duty or obligation or any U.S. or non-U.S. securities laws.
<Laffont Contribution Letter (AFCPEM).pdf><Laffont Contribution Letter AFEMA).pdf>

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This message is solely for the use of the intended recipient. If you have received this message in error, you should notify the sender by reply e-mail and immediately delete the message and all copies of it from your system and destroy any hard copies or printouts.

The information contained in this message and any attachment is confidential, proprietary and may be privileged and protected from disclosure, and any mistransmission does not alter or waive the protections afforded such information. Unauthorized review, use, dissemination, printing, copying, disclosure or publication of all or any part of the contained information is prohibited without the express written consent of the sender. The sender does not endorse or guarantee the accuracy and completeness of the contained information, and neither the recipient nor any other person is entitled to rely on such information. The sender has assumed no obligation to correct or supplement the contained information. Some or all of the contained information constitutes opinion and may be based on unconfirmed communications. This is not an offer, recommendation or solicitation to buy or sell securities.

Messages sent to and from Coatue may be monitored. The sender of this email is associated with an entity that trades in securities. As a result, the sender does not wish to receive any material, non-public information regarding a public company or information provided in violation of any duty or obligation or any U.S. or non-U.S. securities laws.