J.P. Morgan

J.P. Morgan a Morgan invites you to participate in a prospective investor conference call for L Capital Asia 2, The Asia Pacific region is expected to be the greatest source of global economic growth over the next 5 years[ as rapid urbanization and an expanding middle class are expected to drive domestic consumption. L Capital Asia (the "Firm") is an Asian-focused private equity firm with a unique sponsorship by LVMH Meet Hennessey Louis Vuitton S.A. ("LVMH")2, a world leader in luxury goods. LVMH supports L Capital throughout the entire investment process, including: proprietary deal sourcing, industry-specific due diligence, operational initiatives and exit strategy. In addition, the Firm has developed a deep and experienced team of 23 investment and operations professionals with strong expertise across the consumer sector. L Capital Asia 2 ("Fund 2") will target $800 million in commitments and a portfolio of approximately 12-15 companies. Fund 2 is expected to invest in aspirational, affordable and alternative brands and select retail franchises that target middle and upper-middle market consumers in China, Southeast Asia, and India. Hosted by Ravi Thakran Founder, L Capital Asia Date: Tuesday, April 9th, 2013 Time: 9:00am NY/ 2:00pm London Call-in Numbers: Within the U.S.: 866-256-4684 Outside the U.S.: +1-706-634-5299 Hong Kong: 800-966-253 Singapore: 800-101-1512 Passcode: ASIA To view the slides associated with this presentation CLICK HERE during the live call Event password: asia The Conference Call will be replayed through May 10th, 2013 Within the U.S.: 855-859-2056 Outside the U.S.: +1-404-537-3406 Hong Kong: 800-930-800 Singapore: 800-101-1464 Passcode: 26885944 Please contact your.. Morgan representative if you have any questions. This invitation Is confidential and Intended solely for the use ON Morgan professionals and the clients/prospects to whom it has been delivered. It is not to be reproduced or distributed to any other person except to the ding's professional advisors. Private investments are subject to special risks rand intlitnifuois must meet specific suitabilitystandards before investing. This information does not constitute an offer to sell or o solicitation of on offer to buy the interests oft capitol Asia I, S Nooffering of interests of the Fund maybe mode by anyliteroture, advertising or document in whatever form other than the confidential pdvote placement memorandum. Aso reminder, hedge funds (or funds of hedge funds), pnVote equity funds, real estate funds and the Me: Often engage in leveraging and other speculative investment practices that may increase the risk of investment loss; can be highly illiquid; Are not required to provide periodic pricing or valuation information to investors; May invoke complex tax structures and delays in disutaing important tax information; Ate not subject to the some regulatory requirements cis mutual funds; and often charge high fees. Further, any number of conflicts of interest may exist in the context of the management and/or operation of any such fund. For complete information, please refer to the applicable offering memorandum. Securities ore mode ovoiloble through. Morgan Securities ILC, Member ROMA, NYSE and WC, and its broker-dealer offiSates. 'Source: Global Insight, March 2012. 22VALIC consists of several entities, including 1VHM Moet Hennessy Louis Vuitton S.A. and Groupe growth. Investment Products: -Not FDIC Insured No Bank Guarantee -May Lose Value EFTA01136658