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efta-efta01369991DOJ Data Set 10Correspondence

EFTA Document EFTA01369991

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DOJ Data Set 10
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efta-efta01369991
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EFTA Disclosure
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2018 Account Planning RM contribution Relationship Team: ISG: Andrew King Trust/Custody: DPM: Paul Bartilucci WPS: Sam Petrucci KCP: Matt Glassman Deposits: Charlie Burrows Lending: Laura Farischon/Joshua Frank Other: Client Profile Relationship Name: Lindemann Banker Team: Stewart Oldfield GCIS Number l This relationship is with Adam Lindemann and George Lindemann Jr, sons of billionaire George Lindemann, a serial entrepreneur who founded and sold a handful of businesses over the past half-century, most notably his Metro Mobile company that was acquired by Bell Atlantic (now Verizon) for $2.5 billion in 1991 and Southern Union Company which he sold to ETE for $5.7 billion in 2012. The Lindemann children (George Jr, Adam, and Sloan Lindemann) all held ownership stakes in those businesses. Adam Lindemann is a private investor and influential collector of contemporary art and design. In partnership with designer Marc Newson, he re-launched Ikepod, a Swiss watch design company. He also writes a monthly column on collecting for The New York Observer. He runs art galleries in NYC and LA (Venus over NY/LA) and is married to Amalia Dayan, another gallery owner. George Lindemann Jr. was an accomplished equestrian with Olympic hopes. He is now a well-known art collector, investor, environmental advocate and philanthropist in Miami. He serves as the president of the board of directors of the Bass Museum of Art. George runs a commercial property company in Miami and invests in a lot of multi-family residential property with his father. Adam and George had a previous relationship with the bank (via PCS) and both have legacy mortgages here. That relationship ended in 2012 when the broker left DB. Stewart Oldfield worked with the Lindemann family at Credit Suisse from 2008, helping with various complex credit facilities, and brought the relationship back to Deutsche Bank in February 2015. The family's primary banking relationship is with BAML, which has given them more than $lbn of loans secured by art, real estate and shares of ETE. They also have a close relationship with UBS, where their CS broker moved in 2016. Opportunities and Challenges Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0062537 CONFIDENTIAL SDNY_GM_00208721 EFTA01369991

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