From: David Stern -

From: David Stern - To: Jeffrey Epstein [email protected]> Subject: Fwd: The financial times on the transaction Date: Fri, 26 Jun 2015 10:11:39 +0000 That was the FT piece From: Kenyon Lee [mailto• To: Shirish Saraf Cc: Akash Mehta; Simon Wong Subject: Re: Fw: The Street article on the transaction Coverage on FT online Home > Your Industry > Companies & People r, yubtza dIcr8n48Hughes Kleinwort Benson Bank secures strategic investor Kleinwort Benson has sold a "significant" equity stake in its London-based private banking and corporate advisory subsidiary Kleinwort Benson Bank to Samena Capital, an investment group focused on principal investments in Asia, the Middle East and North Africa. The transaction is expected to close by the third quarter of 2015, subject to closing conditions, including regulatory approval. Following this, the shareholders also intend to establish a new global merchant banking operation in Dubai to offer advisory services for corporate activity in the region. Founded over 200 years ago and headquartered in London, Kleinwort Benson Bank is involved in merchant banking, providing private wealth, banking, fiduciary and corporate advisory services. Kleinwort Benson Bank ended 2014 with £3.4bn in assets under management and holds a full UK banking licence. Leonhard Fischer, chief executive of BHF Kleinwort Benson Group, said: 'Our firmly-held view is that opportunity lies in the closer integration of established and developing markets and the ability to introduce clients to high-calibre, differentiated investments that are not available from more commoditised providers. "We are bringing together the heft and reach of our diversified shareholder base, including China's Fosun Group, with Samena Capital's unique group of business leaders and value creators from across the Middle East and Asia." Shirish Saraf, founder and vice chairman of Samena Capital, confirmed the intention to underpin the "solid recent progress" made by Kleinwort Benson and build out a global operation with a strong focus on the emerging markets. EFTA00853407 This material is for your private information and is for discussion purposes only. Except as otherwise expressly provided, this material does not constitute an offer to sell or solicit an offer to purchase any product, service, transaction or fund sponsored by us. Any indication of past performance is not indicative of future results. This email and any files transmitted with it are confidential and intended solely for the person or entity to whom they are addressed and may contain confidential and/or privileged material. If you have received this email in error please contact the sender and delete the material from any computer. Samena Capital Investments Limited is regulated by the Dubai Financial Services Authority, reference number FOO1860. Samena Capital Investments Limited has Commercial License, no. 1276. EFTA00853408