EFTA02686008

From: Richard Joslin < Sent: Saturday, May 31, 2014 2:13 PM To: jeffrey E. Subject: Unrealized P&L - Narrows/ LDB Attachments: UNREALIZED - LARGEST % LOSS - NARROWS AND LDB MAY 2014.pdf; UNREALIZED - UNDIVIDED OWNERSHIP - NARROWS AND LDB MAY 2014.pdf I also attach a schedule that shows percent decline =n value which can spotlight problems with currency conversion. Items=purchased by Melanie for which use tax was paid, I used the use tax return= We have seen Raiche/Turrin use incorrect cost on use tax returns but my thought is that they received USD translate= amount from Melanie. Some works have notations of GBP or EUR =nd other records, eg Diana Howard list may show different currency. =as thinking of going into office and I can pull invoices — I have reviews most of the invoices but a complete revie= has been elusive. Pls let me know if you have any questions Richard Joslin CFO Elysium Management LLC 445 Park Ave Ste. 1401 New York, NY 10022 (w) (c) (f) 1 EFTA_R1_02010755 EFTA02686008