RE: MD approval for ACUs completed for High Risk Clients [I
Classification: For internal use only
Dear Andrew,
All the below ACUs were completed for High Risk clients for this month. As you know the new Policy now requires an MD Approval over and above the approval of the account owner / RM. Which means if the RM is an MD, the approval must come from another MD who is in their reporting line.
In that regard, could you please approve the below ACUs?
Annual Client Update: ID
GCIS Customer Number
Customer Name
EFTA01398794
MD
Annual Client Update: Created Date
A14.
A15. Client Status Update Description
A16.
A17.
Customer Owner
82744
00000469756
CJA Private Equity Financial Restructuring Master Fund I, L.P.
Andrew Gallivan
3/8/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals. Yr Net Profit $10MM, Investable Assets $100MM No changes so far this year.
No
No
Mark Gonzalez
82747
00000469757
CJA Public Private Multi Manager Master Fund, L.P.
Andrew Gallivan
3/8/2017
EFTA01398795
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
Yr Net Profit $10MM, Investable Assets $100MM There have been no changes for this entity this year.
No
No
Mark Gonzalez
82749
00000469433
Gapstow Capital Partners LP
Andrew Gallivan
3/8/2017
Private Equity Investments-Income is derived from investment management
fees.
There have been no significant changes to this client's activity.
No
No
Mark Gonzalez
82750
00000486910
Gapstow Community Financials Fund LP
Andrew Gallivan
3/8/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
EFTA01398796
No changes have occurred for this entity.
No
No
Mark Gonzalez
82746
00000469760
Gapstow Credit & Special Situations Master Fund LP
Andrew Gallivan
3/8/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
Yr Net Profit $10MM, Investable Assets $100MM There have been no changes in circumstances this year.
No
No
Mark Gonzalez
82748
00000469758
Gapstow Opportunity Master Fund, LP
Andrew Gallivan
3/8/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
Yr Net Profit $10MM, Investable Assets $100MM Nothing has changed for this particular entity.
No
EFTA01398797
No
Mark Gonzalez
82745
00000469759
Gapstow Real Estate Yield Master Fund, L.P.
Andrew Gallivan
3/8/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
Yr Net Profit $10MM, Investable Assets $100MM No chages have occured for this entity.
No
No
Mark Gonzalez
82909
00000486553
Gapstow Structured Credit Master Fund LP
Andrew Gallivan
3/16/2017
The entity is a Private Equity Investments firm. Commitments to the fund are raised from a number of sources including personal pension funds, financial institutions, foundations, endowments, and wealthy individuals.
No changes have occurred for this entity.
No
No
Mark Gonzalez
EFTA01398798
82881
00000421598
Cabrerizo, Tom
Andrew Gallivan
3/14/2017
No changes to report.
No changes to report. Rachel spoke w/Tom Cabririzo to inform him she would now be handling his DB relationship.
Yes
No
Rachel Maglicic
82882
00000500416
Florescue Family Corporation
Andrew Gallivan
3/14/2017
No changes to report.
No changes to report. Rachel provided Barry Florescue an update on the recently executed swap and introduced the GSMM investment opportunity.
Yes
No
Rachel Maglicic
82925
00000486426
Butterfly Trust
EFTA01398799
Andrew Gallivan
3/16/2017
change in beneficiaries
No material change
Yes
No
Stewart Oldfield
82915
00000487223
HBRK Associates, Inc
Andrew Gallivan
3/16/2017
No material change
No material change
Yes
No
Stewart Oldfield
82916
00000487225
Hyperion Air, LLC
Andrew Gallivan
3/16/2017
no material change
no material change
EFTA01398800
Yes
No
Stewart Oldfield
82918
00000487244
JEGE, Inc
Andrew Gallivan
3/16/2017
no material change
no material change
Yes
No
Stewart Oldfield
82919
00000487244
JEGE, Inc
Andrew Gallivan
3/16/2017
no material change
no material change
Yes
No
Stewart Oldfield
82917
EFTA01398801
00000487216
JEGE, LLC
Andrew Gallivan
3/16/2017
No material change
No material change
Yes
No
Stewart Oldfield
82914
00000489505
Andrew Gallivan
3/16/2017
no material change
no material change
Yes
No
Stewart Oldfield
82920
00000487264
Neptune, LLC
Andrew Gallivan
3/16/2017
no material change
EFTA01398802
no material change
Yes
No
Stewart Oldfield
82922
00000487265
NES, LLC
Andrew Gallivan
3/16/2017
No material change
No material change
Yes
No
Stewart Oldfield
82923
00000487219
Plan D, LLC
Andrew Gallivan
3/16/2017
No material change
No material change
Yes
No
Stewart Oldfield
EFTA01398803
82912
00000483882
Southern Financial LLC
Andrew Gallivan
3/16/2017
No changes in activities.
No changes
Yes
No
Stewart Oldfield
82913
00000483883
Southern Trust Company, Inc.
Andrew Gallivan
3/16/2017
Southern Trust Company has not changed its nature of business within the
past year. it is still a private investment company and has no changed.
Southern Trust is still a private investment company and has not had any
changes
No
No
Stewart Oldfield
82921
00000487199
The 2007 Jeffrey E. Epstein Insurance Trust #3
EFTA01398804
Andrew Gallivan
3/16/2017
No material change
No material change
Yes
No
Stewart Oldfield
82799
00000462886
Altpoint Capital Partners, LLC
Andrew Gallivan
3/10/2017
They are part of the small accounts exit project.. we are planning to close their accounts
There are no changes to clients employment status, health or primary residence.
No
No
Brian Convey
82798
00000469150
Jarero, Cristina
Andrew Gallivan
3/10/2017
John Marson spoke with client re: accounts
There are no material changes
EFTA01398805
No
No
Brian Convey
82871
00000426119
Kestenbaum, Jacob
Andrew Gallivan
3/13/2017
Scott Prokop and Brian Convey speaks with client to review his account.
There are no material changes
Yes
No
Brian Convey
82836
00000420827
Paul A Volcker Irrevocable Life Ins Trust
Andrew Gallivan
3/13/2017
Brian Convey speaks with client quarterly to review account.
There are no changes to client's employment status, health or primary
residence
No
No
Brian Convey
EFTA01398806
82833
00000210143
Paul Volcker Tr For James P. Volcker
Andrew Gallivan
3/13/2017
Brian speaks with client quarterly to review account
There are no material changes
No
No
Brian Convey
82834
00000210142
Paul Volcker Tr For Janice Volcker Zima
Andrew Gallivan
3/13/2017
Brian Convey speaks with client quarterly to review accounts.
There are no material changes
No
No
Brian Convey
82835
00000208963
Volcker, Paul
Andrew Gallivan
3/13/2017
EFTA01398807
Brian Convey speaks with client quarterly to review account.
There are no changes to client's employment status, health or primary residence
No
No
Brian Convey
82603
00000496203
BPP F.1 Cayman LP
Andrew Gallivan
3/2/2017
The client is an AIV borrower in a credit facility for Blackstone Property Property Partners.
The account holds a zero balance currently.
No
No
Joanne Jensen
82601
00000496202
BPP F.1 DE LP
Andrew Gallivan
3/2/2017
BPP F.1 DE LP is an AIV borrower under the Blackstone Property Partners credit facility.
The client currently holds ~$11K on deposit.
No
EFTA01398808
No
Joanne Jensen
82600
00000496201
BPP F.1 REIT Inc.
Andrew Gallivan
3/2/2017
BPP F.1 REIT Inc. is an AIV borrower on the Blackstone Property Partners credit facility.
The client currently holds no assets on deposit with DB.
No
No
Joanne Jensen
82599
00000496200
BPP F.2 DE LP
Andrew Gallivan
3/2/2017
BPP F.2 DE LP is an AIV borrower on a credit facility for Blackstone Property Partners.
The client has a deposit account holding —$20K.
No
No
Joanne Jensen
82483
EFTA01398809
00000493007
D & D Funding II, LLC
Andrew Gallivan
2/28/2017
This company is a Joint Venture entity created owned 50/50 by Chris Diamantis and Joe Dinardo. Both Chris and Joe's wealth come from their own businesses and they use this company for joint ventures in various companies and assets.
This entity is used solely as an investment vehicle; currently hold ~$4MM
at DB
No
No
Joanne Jensen
82431
00000489085
Winklevoss Index, LLC
Andrew Gallivan
2/27/2017
This entity is owned by the Winklevoss brothers for private investment purposes.
The account currently holds approx. $6K on deposit.
No
No
Joanne Jensen
82429
00000454155
Wolfson Equities
EFTA01398810
Andrew Gallivan
2/27/2017
Wolfson Equities is the investment arm of the Wolfson Group, a family-based investment and real estate company.
The client doesn't currently have any assets with DB.
No
No
Joanne Jensen
82664
00000494254
Windels, Catherine
Andrew Gallivan
3/3/2017
No material changes.
No material changes.
No
No
Andrea Nicoletti
82654
00000493298
Bridge Equities VI, LLC
Andrew Gallivan
3/3/2017
No material changes.
No material changes. Donna Snyder has retired as of 1/13/2017.
EFTA01398811
No
No
Malcolm Kimble
82655
00000498379
STEWART BAINUM JR. REVOCABLE TRUST
Andrew Gallivan
3/3/2017
No material changes
No material changes. Donna Snyder has retired as of 1/13/2017.
No
No
Malcolm Kimble
82653
00000484974
Sunbridge Holdings, LLC
Andrew Gallivan
3/3/2017
No material changes.
No material changes. Donna Snyder has retired as of 1/13/2017.
No
No
Malcolm Kimble
82629
EFTA01398812
00000521059
DVI PE (Mauritius) Ltd
Andrew Gallivan
3/3/2017
The purpose of the entity is to invest in shares of private investment companies in India and to serve as a master fund for other existing funds.
No material changes
No
No
Mary Ann Coleman
82560
00000490484
1960 East 5th Street, LLC
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82785
00000463109
469 Avenue S LLC
Andrew Gallivan
3/9/2017
EFTA01398813
no activity. This account is used to own the property at 469 Avenue S, Brooklyn, NY no activity. This account is used to own the property at 469 Avenue S, Brooklyn, NY Yes No Rosemary Vrablic
82521
00000520681
AQL Hartwell LLC
Andrew Gallivan
2/28/2017
no changes from KYC - loan has been terminated
no changes from KYC - loan has been terminated
Yes
No
Rosemary Vrablic
82548
00000435801
Community Organizations, LLC
Andrew Gallivan
3/1/2017
no material changes
no material changes
Yes
EFTA01398814
| No |
|---|
| Rosemary Vrablic |
| 82774 |
| 00000435801 |
| Community Organizations, LLC |
| Andrew Gallivan |
| 3/9/2017 |
| no material changes |
| no material changes |
| Yes |
| No |
| Rosemary Vrablic |
| 82546 |
| 00000418627 |
| Franco, Isaac S. |
| Andrew Gallivan |
| 3/1/2017 |
| no changes from KYC |
| No changes from KYC |
| Yes |
| No |
| Rosemary Vrablic |
| 82549 |
| 00000435806 |
EFTA01398815
Franco Realty Group, LLC
Andrew Gallivan
3/1/2017
No new activities or changes
No changes
Yes
No
Rosemary Vrablic
82550
00000435806
Franco Realty Group, LLC
Andrew Gallivan
3/1/2017
No new activities or changes
No changes
Yes
No
Rosemary Vrablic
82775
00000435806
Franco Realty Group, LLC
Andrew Gallivan
3/9/2017
No new activities or changes
No changes
EFTA01398816
Yes
No
Rosemary Vrablic
82779
00000435806
Franco Realty Group, LLC
Andrew Gallivan
3/9/2017
No new activities or changes
No changes
Yes
No
Rosemary Vrablic
82559
00000497510
I Like Ike, LLC
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82562
EFTA01398817
00000497009
I Like Ike Kingswood, LLC
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82564
00000478501
Infinity AL Holdings, LLC
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82561
00000503732
Infinity Entertainment, LLC
Andrew Gallivan
3/1/2017
EFTA01398818
| No | changes |
|---|---|
| No | changes |
| Yes | |
| No | |
| Rosemary Vrablic |
82553
00000463528
Infinity LW 12th Street, LLC
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82552
00000443214
Infinity PLR 44, LLC
Andrew Gallivan
3/1/2017
no changes from KYC
no changes from kyc
Yes
No
Rosemary Vrablic
EFTA01398819
82740
00000443214
Infinity PLR 44, LLC
Andrew Gallivan
3/8/2017
no changes from KYC
no changes from kyc
Yes
No
Rosemary Vrablic
82778
00000443214
Infinity PLR 44, LLC
Andrew Gallivan
3/9/2017
no changes from KYC
no changes from kyc
Yes
No
Rosemary Vrablic
82547
00000497509
Infinity S Kingswood LLC
Andrew Gallivan
EFTA01398820
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82558
00000503731
Infinity Sports Licensing, LLC
Andrew Gallivan
3/1/2017
no changes
no changes
Yes
No
Rosemary Vrablic
82784
00000497007
IRE-NG 1715 E. 13th Street, LLC
Andrew Gallivan
3/9/2017
no change to KYC
Subject property was recently leased to Target in a 10 year contract.
Yes
EFTA01398821
No
Rosemary Vrablic
82565
00000472784
Isaac Franco 2001 Grantor Retained Annuity Trust
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82566
00000472785
Isaac Franco 2002 Grantor Retained Annuity Trust
Andrew Gallivan
3/1/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82557
00000472786
EFTA01398822
| Andrew Gallivan |
|---|
| 3/1/2017 |
| No Changes |
| No Changes |
| Yes |
| No |
| Rosemary Vrablic |
| 82776 |
| 00000435810 |
| ISF Parkway LLC |
| Andrew Gallivan |
| 3/9/2017 |
| no new changes |
| no new changes |
| Yes |
| No |
| Rosemary Vrablic |
| 82556 |
| 00000472123 |
| IUC 701 Times Square LLC |
| Andrew Gallivan |
| 3/1/2017 |
| no changes |
| no changes |
EFTA01398823
Yes
No
Rosemary Vrablic
82742
00000437170
Katzoff, Gerald
Andrew Gallivan
3/8/2017
no changes to kyc
no changes to kyc
Yes
No
Rosemary Vrablic
82743
000000437170
Katzoff, Gerald
Andrew Gallivan
3/8/2017
no changes to kyc
no changes to kyc
Yes
No
Rosemary Vrablic
82741
EFTA01398824
00000437167
Katzoff, Stuart
Andrew Gallivan
3/8/2017
There are no material changes.
There are no material changes.
Yes
No
Rosemary Vrablic
82334
00000463529
LW 12th Street Holding, LLC
Andrew Gallivan
2/22/2017
no changes from KYC
no changes from KYC
Yes
No
Rosemary Vrablic
82554
00000464881
MISS AMERICA PROPERTIES, LLC
Andrew Gallivan
3/1/2017
EFTA01398825
No updates since previous update
No updates since previous update
Yes
No
Rosemary Vrablic
82555
00000464881
MISS AMERICA PROPERTIES, LLC
Andrew Gallivan
3/1/2017
No updates since previous update
No updates since previous update
Yes
No
Rosemary Vrablic
82738
00000438525
Nevada Land III LLC
Andrew Gallivan
3/8/2017
no changes from kyc
no changes from kyc
Yes
No
Rosemary Vrablic
EFTA01398826
| 82523 |
|---|
| 00000520534 |
| Seminole Housing LLC |
| Andrew Gallivan |
| 2/28/2017 |
| no changes since KYC |
| no changes since KYC |
| Yes |
| No |
| Rosemary Vrablic |
| 82551 |
| 00000435811 |
| S Franco Realty, LLC |
| Andrew Gallivan |
| 3/1/2017 |
| No changes |
| No changes |
| Yes |
| No |
| Rosemary Vrablic |
| 82777 |
| 00000435811 |
| S Franco Realty, LLC |
| Andrew Gallivan |
EFTA01398827
3/9/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82780
00000435811
S Franco Realty, LLC
Andrew Gallivan
3/9/2017
No changes
No changes
Yes
No
Rosemary Vrablic
82737
00000437345
SK Baseball Holdings LLC
Andrew Gallivan
3/8/2017
no changes from kyc
no changes from kyc
Yes
EFTA01398828
No
Rosemary Vrablic
82563
00000480796
Stallion 44, LLC
Andrew Gallivan
3/1/2017
no changes from kyc
no changes from kyc
No
No
Rosemary Vrablic
82739
00000488487
Westbury Management Group LLC
Andrew Gallivan
3/8/2017
no changes to kyc
no changes to kyc
Yes
No
Rosemary Vrablic
82530
00000490083
EFTA01398829
Fundacion Noal
Andrew Gallivan
2/28/2017
Hildegarde Novey Kotchman inherited a piece of undeveloped land in Panama from her father (Robert Novey - KYC CASE # 583662). The land was sold to a developer who established the Santa Maria Business park. These are the proceeds of that sale.
After a number of conversations we received her signed Entity Self Certification Form (CRP) as required for a resident of Panama.
Yes
No
Terrence Tangney
82535
00000490083
Fundacion Noal
Andrew Gallivan
2/28/2017
Hildegarde Novey Kotchman inherited a piece of undeveloped land in Panama from her father (Robert Novey - KYC CASE # 583662). The land was sold to a developer who established the Santa Maria Business park. These are the proceeds of that sale.
After a number of conversations we received her signed Entity Self Certification Form (CRP) as required for a resident of Panama.
Yes
No
Terrence Tangney
82459
00000491914
Lundberg, Fredrik
EFTA01398830
Andrew Gallivan
2/27/2017
Fredrik Lundberg (born August 5, 1951) is a Swedish businessman. His father was Lars Erik Lundberg (1920-2001) founder of L E Lundbergf6retagen. Fredrik Lundberg is president and CEO of L E Lundbergf6retagen, of which he inherited a controlling stake from his father. He is the ninth wealthiest person in Sweden, according to Forbes magazine. In 1944, when Lars Erik Lundberg - Frederik's father - was only 24, he formed the company that was later to become Lundbergs in his apartment in Norrk6ping. This company engaged in construction operations and focused on residential building. At an early stage, Lars Erik Lundberg started to show an interest in investing in proprietary properties, having understood the value represented by expansion into an additional business sector, real estate management. This move created greater stability in the company, which could gradually reduce its dependence on construction operations. It is this foundation upon which Fastighets AB L E Lundberg?s property operations rest today. At the end of the 1970s, Lundbergs began to consider a further expansion of the group?s operations and, during the 1980s, a series of investments were made within new industries. Finance companies were acquired and developed, as were several smaller industrial companies. Investments were also made in certain publicly listed companies. The group?s operations became increasingly diversified and, during the second half of the 1980s, it was decided that investments outside the core area of construction and real estate operations would be concentrated in a limited number of publicly listed companies. In 1983, the shares in Lundbergs, with Lars Erik Lundberg's son Fredrik Lundberg as President and CEO, were listed on the Stockholm Stock Exchange. From its original status as a wholly owned family company, the step was now fully taken into the glare of the public eye. However, the Lundberg family retained a clear majority holding in the Company. Accordingly, during its first 60 years, Lundbergs has developed from a construction company to an investment company with interests in several different areas.
KYC was recently completed as front office noticed there was no electronic version to be found. No changes to report.
Yes
No
Terrence Tangney
82595
00000450954
Vakirtzis, George
EFTA01398831
Andrew Gallivan
3/2/2017
George Vakirtzis is Managing Director at Polembros Shipping, Limited, headquartered in Greece. He is also on the Board of American Steamships, Inc. Mr. Vakirtzis derives his income for salary/bonus, Director's fees and private investments.
Discussed replacement debit card. No material changes.
Yes
No
Terrence Tangney
82729
00000440507
Vernon E. Jordan, Jr. Revocable Trust
Andrew Gallivan
3/7/2017
Mr. Jordan is a Partner at the law firm of Akin, Gump, Strauss, Hauer & Feld. He is also a Senior Managing Director at Lazard Freres. Mr. Jordan also remains a director on a number of corporate boards including American Express, J.C. Penney Corporation, Xerox, Asbury Automotive Group and the Dow Jones & Company. He is formerly a member of the board of directors of Revlon, Sara Lee, Corning and RJR Nabisco.
no changes
Yes
No
Terrence Tangney
82727
00000486896
Vickee Jordan Adams 2013 GRAT
Andrew Gallivan
EFTA01398832
3/7/2017
Mr. Jordan is a Partner at the law firm of Akin, Gump, Strauss, Hauer & Feld. He is also a Senior Managing Director at Lazard Freres. Mr. Jordan also remains a director on a number of corporate boards including American Express, J.C. Penney Corporation, Xerox, Asbury Automotive Group and the Dow Jones & Company. He is formerly a member of the board of directors of Revlon, Sara Lee, Corning and RJR Nabisco.
no changes
Yes
No
Terrence Tangney
82757
00000460090
Function(x) Inc.
Andrew Gallivan
3/8/2017
no material changes
no changes
No
No
Terri Sohrab
82756
00000418125
Sea Change Foundation
Andrew Gallivan
3/8/2017
no material changes
EFTA01398833
no material changes
No
No
Terri Sohrab
82758
00000472894
SFX Entertainment Inc.
Andrew Gallivan
3/8/2017
accounts have closed as of 2/1/2016
accounts have closed as of 2/1/2016
No
No
Terri Sohrab
Please note that this is the last month that I will be asking for these
approvals manually, as of April we will be doing KYC updates/ Periodic
Reviews which will require the MD signature via DB Force.
Please let me know if you have any questions.
Regards,
Vaishali Mehta
EFTA01398834
Deutsche Bank Wealth Management
EFTA01398835
Classification: For internal use only
Hi Andrew,
In an effort to ensure that you have to approve only 1 email, I sent the below email, in hindsight I should have been more careful about not ccing all the Bankers on the email. I apologize for the inconvenience caused.
However I still need the approval from you. Could you please approve the below High Risk ACus which were completed?
As I mentioned in the below email, this is the last email based approval I will be needing from you.
Regards,
Vaishali Mehta
Deutsche Bank Wealth Management
EFTA01398793
Classification: For internal use only
Approved.