EFTA01452417

From: Nay Gupta SeM: 2/3/2014 4:55:51 PM To: Paul Morris CC: Tazia Smith ; Vinit Sahni Subject: Re: percentages get a read from your team [C] Got it Paul. Thx On 3 Feb 2014, at 21:45, "Paul Moths" < :)- wrote: Classification: Confidential Watford Re looks like a new hedge fund with bermuda reinsurance wrapper started by Highbridge/Arch capital, don't know what type guess credit or long/short i have not talked with him about energy renissance but likely liquid equities across producers or secondary beneficiaries (e.g. auto, chemicals), JP has created a basket recently focused on this theme Paul Moths Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New York NY 10154 Office Cell: Nav Gupta—02/03/2014 04:37:15 PM---What risk is in energy renaissance theme and Watford re. Thx From: Nay Gupta/db/dbcom@DBEMEA To: Tazia Smith/db/dbcomigdbamericas. Cc: Vinit Sahni/db/dbcomfitdbemea. Paul Morris/db/dbcomliAbamericas Dale: 02/03/2014 04:37 PM Subject: Re: percentages get a read from your tcam [CI What risk is in energy renaissance theme and Watford re. Thx On 3 Feb 2014, at 20:58, "Tazia Smith" wrote: Classification: Confidential Sounds good. I'll send through our initial suggestions, Nay, and then you can opine on CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0109414 CONFIDENTIAL SDNY_GM_00255598 EFTA01452417