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profile investment outlook. Upside risks to our thesis could stem from more favorable
document IMAGES-003-HOUSE_OVERSIGHT_014637.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

profile investment outlook. Upside risks to our thesis could stem from more favorable changes to the investment and/or regulatory environment in New York. Downside/upside risks: ED, like all utility stocks, is also sensitive to changes in the market level of interest rates. Util...

New Leaf Ventures III, L.P. (““NLV-II” or the “Fund”) is being formed by New Leaf Venture
document IMAGES-007-HOUSE_OVERSIGHT_024012.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

I. EXECUTIVE SUMMARY FUND OVERVIEW New Leaf Ventures III, L.P. (““NLV-II” or the “Fund”) is being formed by New Leaf Venture Partners, L.L.C. (“New Leaf” or the “Management Company”), an established and proven leader in health care technology investing. NLV-III will be the seve...

Cannabis Investment Report | December 28, 2017
document IMAGES-008-HOUSE_OVERSIGHT_024635.txt Dec 28, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 28, 2017 Foreword Ackrell Capital is pleased to present our 2018 Cannabis Investment Report. Much has happened in the nearly two years since we published our inaugural report: the cannabis industry grew significantly, com- panies in the ind...

Troubled Asset Relief Program (TARP)
document IMAGES-006-HOUSE_OVERSIGHT_020936.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Troubled Asset Relief Program (TARP): Recipient of 38% of Net Government (Taxpayer) Funding” In TARP, the financial rescue program (created in October, 2008), USA Inc. purchased assets and equity from financial institutions to provide the capital and liquidity needed during the...

Growth of the US for both returns and protection
document IMAGES-009-HOUSE_OVERSIGHT_026696.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Growth of the US for both returns and protection The attractiveness of the US has been driven by interest rate rises (with expectations for further raises this year) and bond yields lagging in other developed markets (figure 8). There is also market confidence of a ‘pro-business’...

Economic Policy—Short-Term vs. Long-Term
document IMAGES-006-HOUSE_OVERSIGHT_021023.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Economic Policy—Short-Term vs. Long-Term ¢ Economic theory + experience of the Great Depression suggest government can use fiscal policy (increase direct spending + investment) to offset near-term shortfalls in private demand. ¢ In the long term, USA Inc. cannot sustain higher...

Bannon: I think one is about responsibility. For Christians, and particularly for those
document IMAGES-010-HOUSE_OVERSIGHT_029056.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Bannon: I think one is about responsibility. For Christians, and particularly for those who believe in the underpinnings of the Judeo-Christian West, I don’t believe that we should have a bailout. I think the bailouts in 2008 were wrong. And I think, you look in hindsight, it was...

Appendix 1 -2016 Balance Sheet
document IMAGES-008-HOUSE_OVERSIGHT_026152.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Appendix 1 -2016 Balance Sheet € mn Ukrsibbank Ukrgasbank Raiffeisen Bank Aval Assets 31/ 31/ 31/ 31/ 31/ 31/ 12/16 12/15 12/16 12/15 12/16 12/15 Cash and cash 68 475 88 152 362 480 equivalents, banking metals Accounts in NBU and 561 9 229 353 358 244 other banks Derivatives 0...

The vocabulary can also include the standard distinction among stocks, flows and
document IMAGES-001-HOUSE_OVERSIGHT_010981.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

The vocabulary can also include the standard distinction among stocks, flows and rates. These are only definitions, not assumptions. Stocks means value measured in money units, say dollars. This is not the same as stock in the sense of equity securities, although those can be exa...

National Transformation Plan: many promises, few details
document IMAGES-003-HOUSE_OVERSIGHT_016123.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

National Transformation Plan: many promises, few details The National Transformation Plan (NTP) released by the Saudi government is a further step towards execution of Saudi Vision 2030 through a set of ambitious interim targets to achieve by 2020 by 24 government bodies. The NTP...

Sample and methodology
document IMAGES-009-HOUSE_OVERSIGHT_026726.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Sample and methodology The fieldwork for this study was conducted by NMG's strategy consulting practice. Invesco chose to engage a specialist independent firm to ensure high-quality objective results. Key components of the methodology included: - A focus on the key decision...

Technology + Infrastructure + Education Investments
document IMAGES-006-HOUSE_OVERSIGHT_021025.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Technology + Infrastructure + Education Investments Drove ~90% of Labor Productivity Growth for Past ~30 Years Sources of USA Average Labor Productivity Growth, 1977-2000 = Technology Investment i Infrastructure & Other Investment 1 Education (Labor Quality) 1 Other (Total...

14.5. Management of KUE and the General Partner; Voting Rights
document IMAGES-008-HOUSE_OVERSIGHT_024551.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

14.5. Management of KUE and the General Partner; Voting Rights The General Partner will manage and operate KUE, Investors will have no voting rights on matters aifecting KUE business with respect to their Common LP Units in KUE because the Investors will be limited partners of K...