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There are actually two messages here. The first is very
document IMAGES-011-HOUSE_OVERSIGHT_031131.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

VVVVVVVVVVVVVVVV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV VV There are actually two messages here. The first is very interesting, but the second is absolutely astounding - and explains a_ lot. A recent "Investor's Business Daily...

& Wealth Management
document IMAGES-009-HOUSE_OVERSIGHT_026825.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… with elected officials and political and legislative bodies globally. Additionally, he heads up the Bank’s U.S. Direct Investment Advisory Group (DIAG) providing strategic counsel to non-U.S. companies engaged in cross-border mergers and acquisitions requiring regulatory and pol...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024772.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

CKRELLE CAPITAL OY Cannabis Investment Report | December 2017 products industries, especially as companies from those industries look to enter the cannabis industry, through acquisition or by other means. As demonstrated by the more than $2.0 billion raised by publicly traded...

Securities Act of 1933
document IMAGES-007-HOUSE_OVERSIGHT_024096.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e 501(a) under the Securities Act, that it is acquiring a Limited Partner Interest in the Fund for its own account, for investment purposes only and not with a view to resale or distribution, that it has received or has had access to all information it deems relevant to evaluate...

executing any short idea contained in this report
document IMAGES-002-HOUSE_OVERSIGHT_014395.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… provision of research services for a separate fee, and in connection therewith MLPF&S may be deemed to be acting as an investment adviser, such status relates, if at all, solely to the person with whom MLPF&S has contracted directly and does not extend beyond the delivery of thi...

Regulatory Changes
document IMAGES-007-HOUSE_OVERSIGHT_024082.txt Jun 22, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…change Commission (the “SEC”) adopted final rules implementing new exemptions from the registration requirements of the Investment Advisers Act of 1940 (the “Advisers Act’), one of which is commonly known as the venture capital fund exemption. Neither the General Partner nor the...

Supreme Court Rejects Newman Requirement of “Pecuniary or Similarly Valuable” Personal
document IMAGES-005-HOUSE_OVERSIGHT_019857.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… for the government to prove a “gift” to a “friend” than to prove a “pecuniary” or similar quid pro quo. In Sa/man, an investment banker at Citigroup tipped his brother about certain pending health- care mergers involving Citigroup clients. The brother traded on that information...

February 16, 2017
document TEXT-001-HOUSE_OVERSIGHT_026668.txt Feb 16, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…cation). 2 Performance figures reported herein are shown unaudited, net of fees/allocations and expenses; include the reinvestment of dividends, capital gains, and other earnings; and may be subject to adjustment. 3 S&P 500 negative-return analysis calculated using Bloomberg clos...

play a critical role in enabling the necessary structural changes to the healthcare system. The
document IMAGES-007-HOUSE_OVERSIGHT_024019.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nded catalyst for the adoption of information technology in healthcare in the U.S., and this is stimulating significant investment in upgrading the information infrastructure at the provider level. This industry-wide technology upgrade moves the vast majority of providers onto el...

Il Cannabis Science 101
document IMAGES-008-HOUSE_OVERSIGHT_024631.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…side Back Cover: The Green Field 2018 About Ackrell Capital Founded in 2003, Ackrell Capital is a leading independent investment bank focused on emerging growth companies. Ackrell Capital's expertise includes: Private Equity Mergers and Acquisitions Private Placements Corpo...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024716.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

> = Po cor > Qa LA Cannabis Investment Report | December 2017 The California State Treasurer’s Cannabis Banking Working Group—a panel convened by Califor- nia State Treasurer John Chiang that includes representatives from the cannabis industry and financial institutions, and...

Text 001 House Oversight 028413
document TEXT-001-HOUSE_OVERSIGHT_028413.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

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New Leaf’s investment strategy is differentiated in the venture capital industry in terms of its
document IMAGES-007-HOUSE_OVERSIGHT_024042.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

V. NEW LEAF VENTURE PARTNERS INVESTMENT STRATEGY New Leaf’s investment strategy is differentiated in the venture capital industry in terms of its sector focus, specific approaches within each sector, and the depth of experience and long-term track record that supports each eleme...

ONE FERRY BUILDING, SUITE 255 SAN FRANCISCO, CA 94111 [email protected]
document TEXT-001-HOUSE_OVERSIGHT_024271.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…he Bitcoin Foundation Board • Founded 15x Startups • Raised > $200M • Invested in > 25x • Robertson Stephens & Co. • RS Investments • Duke Endowment • UC Berkeley Endowment Startups RECOGNITION #2 U.S. Long/Short Hedge Fund* $500 Million AUM 2.5x Venture Fund, 11.5% IRR Founded 8...

For the last several decades the healthcare venture capital industry has been the predominant
document IMAGES-007-HOUSE_OVERSIGHT_024040.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… into less competition for deals. The Fund Managers have benefited from the reduced level of competition during the new investment period for NLV-II, and they believe these conditions will remain in place for at least part of the new investment period of NLV-III. It is too soon t...