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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01355174: Offshore (DS10)

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This document contains investment advisory material discussing offshore fund options for tax-exempt investors. It recommends that investors unwilling to receive Unrelated Business Taxable Income (UBTI) and forgoing U.S. treaty benefits consider investing in an Offshore Access Fund. The document provides general investment guidance without identifying specific transactions or parties beyond the fund structure.

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Excerpt 1
Tax-Exempt Investors that do not wish to receive any UBTI and are willing to forgo claiming U.S. treaty benefits should consider investing in the **Offshore**
Excerpt 2
Investors should, if eligible, instead consider an investment in the **Offshore** Access Fund.

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