EFTA00586217.pdf

Draft 7/24/14 $ amounts are as of different dates and may not reconcile; holdings are out of date; trusts whose trustees include only Black family members are excluded from this presentation Trustees Entities Holdings Beneficiartes r BC r 1988 Trusts B J AV 1992Trusts B J AV .4ell assets decanted 201; Black 2011 Family Trust B J A V LDB 2011 LLC LDB 2011 LLC • 6.6 % of BFP ($97.2MM) • Art at Cost ($47MM) • Cash @JPM ($17.2MM) • Stocks @ JPM (SSMM) • Investment P'ships:15.1MM 0 AP Tech. Partners o AP SHL Investors o Apollo REIF o AREIF III Transfer o BHM Investors o M-Clift Partners o Microbes Investors o Remainderman o AREIF Colnv IV o Viroproto Investors o Apollo Eci Colnv o Apollo Investment • Note receivable from 1997 Trust • Note payable to BS ($7.8MM) • Note payable to JS ($10.7MM) Total Value: S181MM • Separate trust for each child with mandatory income to the child after age 25 and dis retion to distribute principal to the child at any time. , Black 006 Family Trust all assets decanted 2013i, APO1 Trust LBF 7 .1% Black Family Partners LB 1997 Black Family Trust decanting In progressi APO2 Trust 4.3°,. I l0. %i APO1 Trust • 73.4% interest in BFP through LBF ($1.07B) • Art ($58MM at cost) • $16.5MM at US Trust • Apollo Investment Corp interest ($6.7MM) • Apollo Credit Opportunities Fund ($152MM) • Note receivable from 2009 Judah Trust ($13.5MM) • Note payable to BFP ($33MM) Total Value: $1.36 • Single trust f/b/o all descendants with dis- cretion to distribute income and principal. Trustees have discretion to create separate trusts for descendants. Black Family 1997 GST Exempt Trust APO2 Trust • 4.3% of BFP ($63.2MM) • Art ($202MM at cost) • Marketable securities ($23.6MM) • Private equity ($8.4MM) • 101 Warren Street apartment ($3MM) • Cash/stocks @JPM ($2.5MM) • Note payable to LDB ($23MM) Black Family 1997 GST Exempt Trust • $3MM cash at US Trust JH Judah 2009 Trust (terminated) LB NB BC DB advisor US Trust (Dela.) administrative trustee Leon Black Black 1992 Ben Black Joshua Max 1999 Insurance 2010 Trust Black 2011 Insurance Trust Trust Trusts 1&2 Black Family Partners Cash $13.4MM 44% interest BRH Hlds $1.1B Apollo Colnvest III $4.1 MM Apollo Colnvest IV $1.3 MM Apollo Colnvest V $8.6 MM Apollo Colnvest VI $43.9 MM Apollo Value Colnvest $6.8 MM SOMA Colnvest $1.9 MM Marketable Securities: $98.6 MM Lone Cascade LP $36.8 MM King Street Capital $12.6 MM AlNV shs dist fr AIC $3.9 MM Anchorage Capital Ptrs $12.5 MM Millennium Group $19.6 MM Canyon Value Realization $13.2 MM Investment Partnerships: $56.8 MM HAO Capital Fund LP iCrete LLC Knowledge Universe LP Wolfensohn Cap Ptrs Sustainable Woodlands Note due from 2006 Trust Note due from LDB Total Value: $1.5B Trusts for each child $3.0 MM $1.6 MM $32.0 MM $2.0 MM $18.2 MM $33MM $42 MM Judah 2009 Tr st (GRAT)-termin ted • Note payable t 2006 Family Trust ($ 3MM) • Trust terminates August 2013 1999 Ins. Trust #1 • $50MM insurance on LB 1999 Ins. Trust #2 • $150MM insurance on LB/DB 1992 Insurance Trust • $10MM Hancock • $10MM Hartford • 3rd policy 1997 Black Family Trust Ben Black 2010 Trust • Note receivable rom Ben Black 2011 Trust Josh Black 2010 Trust • Note receivable from Josh Black 2011 Trust Ben Josh EFTA00586217