EFTA Document EFTA01386148

AGP LP 519 Alpha Group Capital Paul Barrett ALKEON Capital Management, LLC AIFM Directive Disclosure Supplement Alkeon Growth PW Farmers, L.P. (the "Fund") As of July I" 2016 The iofrimation set wet litho. is bents made arailabk to imrstors pier to instilment pumas! to reloomibilities mainly AlEll Pirraite. In addition. fly AWAI nil/ make available Wales to imrllors as to any matetialehang“ %Int 11n. it._.luiremenr Jnfonnation as of Distribution Date iNtIltit 230M: rlit' MAXIMUM iflui of leverage which the AIFM is entitled to employ on behalf of the Alf-. Note that the leverage limitation provisions of the AIFM I 'metier do not apply to the Fund because the Fund is a "non- ' Ale' and the Investment Manager is a "non-EU AIFM' for purposes of the AIFM Directive. Alkeon Capital Management, 1.I.0 (the AIFM) seeks to maintain leverage levels below Z00% gross (longs + shorts). As of June 1,2016 die Fund's leverage level was approximately 170% Article 23(5)(a): Any changes ti ilw maximum level of leverage (calculated in accordance with die A1FM Directive's gross and commitment methods— whembv the level of leverage shall be calculated as die relevant exposure divided by the net asset value of the All) which the AIFM may employ on behalf of du, All; as well as a description of the nanue of any rights granted by the AIFM for the muse of collateral or the nature of any guarantees granted under the leveraging arrangement. Note that the leverage limitation provisions of die AIFM Directne do not apply to the Fund because the Fund is a "non- El' Ale' and the Investment Manager is a "non-Ell AIFM" for purposes of the AIFM Directive. V. of the date of this document there have been no changes to Ihr maximums level of leverage allowed. A description of the rights granted by the AIFM for the reuse of collateral can he tound in the Ales PPM. Article 23(1)(m) The most recent ml asset value of the ATE or the latest market price of the unit or share of the All', in accordance with the Al FM's valuation procedures for the AIF, at accordance with Arta le I') of the Directive. the Net Asset Value of the AIF at the beginning of the prior month was: $ 280,093,041.51USD Article 23(1)(n). %tint(' is adable. the historical pert.onnance of the All'. The historical performance of the All; can be found in the Ales marketing presentation, which is available on request. Article 23(4)(x): Ile percentage or the AlE's assets which ae subject to special arrangements (such as side pockets, gates or other similar arrangements) arising from their illiquid nature — calculated at the net value of those assets subject to special arrangenum: divided by the net asset value of the AIF concenull V. of the date of this document, the ATE provides no such pedal arrangements to investors. Article 23(4)(b): Any new arrangements for managing the liquidity of the AM, including (a) Notifying investors whenever the :V FM makes material changes to the hquiday management systems and pnwedures: (h) Immediately notifying investors where the AIFM aCtiVatit gates. side pockets or similar special anangetnenrs or whew the ATEM decides to suspend redemptions, and (c) Providing investors with all overview of any changes to arrangements concerning liquidity, whether or not these ate special arrangements. Whew relevant, the terms under which redemption is permitted and circumstances determining when management discretion applies mum he included is must any voting or other restrictions exercisable, the length of any lock-up or any provision concerning Trot in line' or 'pro rating' on gates and suspensions. No changes to Alkeon Capital Management, LLC's liquidity nunagement, as outlined in the Ales PPM, have occurred as of the date of this document. SK 03974 0012 7191101 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0087714 SDNY GM_00233898 EFTA01386148