From: Eileen Alexanderson

From: Eileen Alexanderson To: Richard Joslin CC: jeffrey E. <jeevacation®gmail.com>, Brad Wechsler ..t > Subject: FCI cap calls Date: Tue, 23 Dec 2014 16:08:51 +0000 I just spoke to one of the Managers on the FCI team. The large portfolio purchases discussed at the FCI annual meeting in mid November fell apart, went via auction to other bidders. He said there may be a small call in January for FCI II and a roughly equivalent small distribution from FCI I. They do have an active pipeline but anything significant would not come until later in QS. Eileen Alexanderson Elysium Management 445 Park Avenue Suite 1401 New York NY 10022 EFTA00636922