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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01355168: Memorandum (DS10)

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This document is a private placement memorandum for an investment fund that references an underlying fund's confidential private placement memorandum. It directs prospective investors to review risk factors and potential conflicts of interest contained in the underlying fund's documentation, which is incorporated by reference.

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Accordingly, prospective investors should carefully read the Confidential Private Placement **Memorandum** of the Underlying Fund (the "Underlying Fund PPM
Excerpt 2
to, and describing, the risk factors and potential conflicts of interest of the Underlying Fund, which is hereby incorporated by reference into this **Memorandum**

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