From:
Paul Barrett <
[email protected]>
Sent:
Thursday, October 18, 2018 7:22 PM
To:
J; Richard Kahn
Subject:
RE: Re:
I will reach out to Lesley to set up a time.
I was ready for a change but would not have left .IPM without our deal. Mary Erdoes offered me multiple roles across
Asset Management when she and I spoke about me leaving to work with you.
Paul Barrett
Alpha Group Capital LLC
142 W 57th Street, 11th Floor, New York, NY 10019
646.876-5277 (o) 646-342-6930(c)
[email protected] <mailto:
[email protected]>
we can talk about it, please dont tell me you left.you job, beacuse of me, its not fair. you were leaving and you told
me you had skills that you clearly didnt have.
On Thu, Oct 18, 2018 at 1:17 PM Paul Barrett <
[email protected] <mailto:
[email protected]»
wrote:
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Jeffrey
The only reason I left JPM was that we agreed to a two year deal. I walked away from a great career where I was
making $1.5MM a year, left $1.8MM worth of JPM stock on the table and 17 years of goodwill. I have been incredibly
loyal to you and I don't think it is right that you try walk away from our agreement.
The account is up $3.429MM since inception net of fees. I acknowledge that some of those gains came from
inherited positions but we both agreed that I would be responsible for all performance going forward when we started
last year. I always understood there were risks by making the move but our agreement never had a performance clause.
I relied on this fact in making the decision to leave JPM.
I proposed many different alternatives that seemed fair and reasonable. If you feel that none of those work then
please propose a settlement that takes into account the remaining $1,125,000 due to me under our agreement.
I would prefer to have the remainder of this discussion in person, and based on our history, I truly hope we can
reaching an amicable compromise.
Paul
Paul Barrett
Alpha Group Capital RC
142 W 57th Street, 11th Floor, New York, NY 10019
646-876-5277 (o) 646-342-6930(c)
[email protected] <mailto:
[email protected]>
<
[email protected] <mailto:
[email protected]»
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Subject:
paul , our relationship needs a conclusion. it was an unfortunate for us . my money . awful
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